Canada's MDA Corp. will either decide on a large acquisition of a U.S. satellite hardware or space services company by July or return to shareholders the cash it is now retaining for such a deal, MDA Chief Executive Daniel E. Fried-mann said May 3. The sale of its property-information business in January has transformed Richmond, British Columbia-based MDA into a company almost entirely focused on the space industry - space robotics, satellite construction and Earth observation services via satellite and from unmanned aerial vehicle services.
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