COM DEV USA has been granted regulatory approval from the Committee for Foreign Investment in the United States (CFIUS) for its proposed $12.2 million acquisition of the Passive Microwave Devices product line from L-3 Communications. COM DEV USA expects the acquisition to close by May 9, 2008. COM DEV International Ltd., the parent company of COM DEV USA, is a global designer and manufacturer of space hardware subsystems. With facilities in Canada, the United Kingdom and the United States, COM DEV manufactures advanced products and subsystems that are sold to major satellite prime contractors for use in communications, space science, remote sensing and military satellites—El Segundo, California
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