Com Dev Hurt by Cost Growth on Two Government Programs

PETER B. de SELDING

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Com Dev Hurt by Cost Growth on Two Government Programs

机译：两名政府计划因成本增长而对Com Dev造成伤害

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Satellite-component builder Com Dev International Ltd. of Canada will report lower revenue, gross-profit margin and net income for the three months ending Oct. 31 because of sharply higher costs in two Canadian government firm fixed-price contracts, Com Dev officials said Nov. 30.rnIn a hastily arranged conference call to explain what happened, Com Dev officials said they discovered the issue thernweek of Nov. 24 in the course of their annual review of each division's activities.rnIn this case, Com Dev Canada, which handles most of the company's Canadian government work, was found to be likely to incur 4.3 million Canadian dollars ($4.1 million) in unplanned costs to complete work on two programs that are already in the hardware-testing phase.

机译：Com Dev官员表示，由于两个加拿大政府公司固定价格合同的成本大幅上涨，加拿大卫星组件制造商Com Dev International Ltd.将报告截至10月31日的三个月的收入，毛利率和净收入下降。 11月30日。在匆忙安排的电话会议中，解释了发生的情况，Com Dev官员表示，他们在对每个部门活动的年度审查过程中发现了11月24日这周的问题。公司大部分的加拿大政府工作，可能会招致430万加元（410万美元）的计划外费用，以完成已经处于硬件测试阶段的两个程序的工作。

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《Space news》 |2009年第48期|14|共1页
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PETER B. de SELDING;
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Com Dev Hurt by Cost Growth on Two Government Programs

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