tag:blogger.com,1999:blog-6618880.post5430805126777119205..comments2024-03-27T00:26:31.343-07:00Comments on The Commercial Space Blog: Maxar Technologies Misses Q4 Revenue Estimates; Will Retain SSL Subsidiary & Drop Dividend to $.01 US per ShareChuck Blackhttp://www.blogger.com/profile/09506476753520146858noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6618880.post-35447335354216997402019-03-01T09:48:48.995-08:002019-03-01T09:48:48.995-08:00Thanks for your comments, Leslie.
It's a sha...Thanks for your comments, Leslie. <br /><br />It's a shame we disagree. I believe that Maxar's fiscal performance is absolutely of interest to Canadians since its MDA subsidiary is the prime contractor for Canada's Canadarm program. <br /><br />Should Maxar ever go out of business (a reasonable possibility given its current debt load, dropping stock price, shrinking cash-flow and billion dollar financial loss in the last quarter) Canada's ability to follow-through with Prime Minister Justin Trudeau's Thursday commitment to build a "Canadarm3" for the US Lunar Gateway would surely be in jeopardy. <br /><br />Canada's first prime contractor for the Canadarm, Downsview ON based Spar Aerospace was broken up and sold back in the 1990's after running into fiscal trouble so it's not as if this scenario hasn't happened before. <br /><br />While I appreciate your current role as the Director of Public Affairs at Brampton ON based MDA, I also stand by the current coverage of both Thursday's announcement and of the Maxar Q4 conference call held later that same day. <br /><br />And both stories were included in the e-mail this blog sent out to subscribers on Friday morning because both were important and related to each other.<br /><br />With that said and done, everyone contributing to this blog is more than happy to correct factual errors in our coverage and provide opportunities for you to get your voice out. <br /><br />I look forward to your future contributions.<br /><br />Chuck Black - EditorChuck Blackhttps://www.blogger.com/profile/09506476753520146858noreply@blogger.comtag:blogger.com,1999:blog-6618880.post-12457727986839410062019-03-01T09:01:19.188-08:002019-03-01T09:01:19.188-08:00Chuck, it’s amazing to me that on the day after th...Chuck, it’s amazing to me that on the day after the government commits more than $2B to the Canadian space program, possibly the largest single commitment for space in our history, you lead your blog with a posting about Maxar’s quarterly call. <br /><br />It would seem to call into question your judgement on what is valuable news for your readers. Furthermore, the vendetta you have against MDA and our parent company is illogical. <br /><br />Yesterday’s announcement will broadly benefit many Canadian space companies as well as the aerospace and AI clusters across Canada, not simply MDA, and it will spur new entrants. <br /><br />And the LEAP program announced yesterday will be enormously beneficial to SMEs and academics with bright ideas, grit and advanced capabilities to develop and test technologies and applications on and around the Moon. <br /><br />This was a generational investment in Canada’s space program by the government, yet you choose to use the announcement to be critical of MDA and your competitor. The mind boggles.<br /><br />Leslie SwartmanLeslie Swartmanhttps://www.maxar.com/noreply@blogger.com