Spar lost C$556,000 on sales of C$7.2 million for the year. Spar Aerospace is a global provider of turnkey aviation life cycle management services, providing value-added engineering and upgrades for selected military and commercial aviation programs, component repair and overhaul and support services. Spar soon added X-ray equipment, battery chargers, and urethane structures to its product line. Its STEM (Storable Tubular Extendible Member) products dominated the satellite antenna market and its BI-STEM tripod was just being tested. Spar settled this case in July 1999 for US$15 million. Not surprisingly, it sought to attract more civilian clients to this division. Com Dev, MacDonald Dettwiler and Associates (MDA), and Spar did cooperate in the Radarsat International joint venture, formed to market data from the world's most advanced radar satellite.

Emblazoned with a maple leaf, the Canadarm caught the world's attention when it began operations on the second flight of the space shuttle Columbia. The Nixon administration cut back sharply on military aerospace programs, and Spar's takeover of Levy Industries Limited's York Gears Division produced complications in the form of difficult-to-collect receivables and unprofitable, unfulfilled contracts. The year 1969, which saw the first human step onto the surface of the moon, ironically brought Spar serious setbacks.

What does SPAR stand for in Aerospace Engineering? Watson had previously led the cable television operations of Rogers Communications Inc. Its share price fell 25 percent and its dividend was eliminated. ComStream was known for its data compression technology and lucrative modem manufacturing business.

32. Some contractors resented Spar's prime contractor status and felt that the company reserved the choicest high technology assignments for itself. In addition, its Sun Microsystem computer network linked the four firms throughout design, testing, and manufacturing. Half of its revenues came from space communications hardware. The company also produced flight data recorders and communications equipment for military clients, for whom it continued to provide maintenance. The Canadian Commercial Corp., a government agency, made the award. Spar Aerospace acquired by L-3 Communications, Name of the organization that made the acquisition, Descriptive keyword for an Organization (e.g. Spar gave the first one to NASA in 1981. Get the top SPAR abbreviation related to Aerospace Engineering. Aerospace Engineering SPAR abbreviation meaning defined here. A launch date of January 1998 was anticipated for the first pieces of the space station, with the MSS to follow in 1999. Follow-up work had brought in C$200 million already. Once Canada's largest space contractor, it produced the robotic Canadarm, a centerpiece of that nation's technological achievement, and was a market leader in space robotics. For example, ComStream went for months without a CEO in 1995 and 1996. The company manufactured Olympus-1 (or L-Sat) satellites in collaboration with Fokker. Space Robotics had profits of C$16.9 million on sales of C$128 million.
Its first full year in operation as an independent company brought sales of C$5.1 million. In December 1999, Spar announced that it had not been able to sell its aviation services division at an acceptable price. Such milestones were bittersweet. The vision, sensory, and 'expert' systems of the new 'smart arms' allowed them to perform many complex and delicate tasks virtually unaided by manual input. Principal Competitors:NAPCO International, Inc.; Raytheon Aircraft; Rockwell Collins, Inc.; Honeywell Defense Avionics Systems. It opened most of Canada's wide-ranging, underdeveloped geography to the possibility of mobile communications. An October launch of the space shuttle Columbia, manned by Canadian astronaut Steve MacLean, also displayed the new Space Vision System, a joint project of Spar and the National Research Council. SPAR Aerospace invented, built, and tested the Canadarm in Canada, because it's a Canadian company. All rights reserved. The program fostered more than national pride: by the 1990s it was bringing in C$20 million a year for maintenance support. Spar developed the Canadarm robotic control arm in the late 1970s. ComStream posted a profit of C$10.5 million on revenues of C$250.7 million in 1995. They were controlled by two Robotic Workstations inside the Space Station. Spar Aerospace Limited is perhaps better known for what it once was than what it is. Com Dev, Inc., a C$60 million microwave component specialist, unsuccessfully bid against Spar to build the MSat, a Canadian mobile communications satellite. Spar made the systems on the new arms modular so that components could be replaced as technology advanced over their expected 30-year service life. They complained that the management team led by John MacNaughton was too hesitant in making critical decisions. In these years that were so difficult for the industry in general, Spar did find some success in supplying satellite components for the Hughes Aircraft Co. and, through its York Gears subsidiary, gears for the Bell Helicopter Company.

The MSat program began in the mid-1980s and cost US$500 million. SaaS, Android, Cloud Computing, Medical Device), Operating Status of Organization e.g. Spar Aerospace is a global provider of turnkey aviation life cycle management services, providing value-added engineering and upgrades for selected military and commercial aviation programs, component repair and overhaul and support services. At one point, the Canadian space budget was projected to be only C$100 million by 2000, one-fifth of its 1995 level. Communications and space programs accounted for slightly more than 40 percent each of Spar's revenues in 1995, while the Aviation and Defense unit added another 13 percent. It soon had most of the company's C$150 million cash paid out in dividends, forsaking any acquisition plans. Source: International Directory of Company Histories, Vol. Spar Aerospace is a provider of high-end aviation support services.

MacDonald, Dettwiler and Associates, Ltd. (MDA) bought Spar's robotics business for C$63 million. It sold off its applied systems business. In the 1950s and 1960s, the Special Products and Applied Research division of de Havilland Aircraft of Canada Limited developed missile components and other advanced aerospace products. The Space Station Remote Manipulator System's Special Purpose Dexterous Manipulator was designed to replace space-walking astronauts for many tasks. In 1996 Spar won a C$30 million contract to supply the International Space Station with two robotic workstations for the Mobile Servicing System (MSS). In late 1992, it bought ComStream Corp., a US$30 million San Diego digital communications company, for US$58 million. Spar wanted to diversify even more. Would you like to suggest this photo as the cover photo for this article? It also services and upgrades Sea King military helicopters and Boeing 737 commercial airliners. TORONTO---Spar Aerospace Limited today announced that it has entered into a support agreement with L-3 Communications Corporation whereby L-3 Communications will make an offer to acquire all of the fully-diluted common shares of Spar at C$15.50 cash per Spar common share, being in the aggregate approximately C$230 million. It produced equipment for the Canadian Space Agency to be used in cooperation with NASA's Space Shuttle program, most notably the Canadarm, a remote manipulator system. The system used satellites instead of towers to relay signals. The first, MSat-1, was launched on April 20, 1996. It also won contracts to maintain Sea King helicopters for the armed forces of the United States, Brazil, Malaysia, and others. SED Systems, MDA, IMP, CAE Electronics, and CAL Corp., all Canadian firms, were on board as subcontractors. Although sales reached C$9.8 million in 1970, the company still posted a loss, of C$371,000. Spar had 300 employees at the time. Spar Aerospace is a leading aviation services company, specializing in the provision of maintenance, systems upgrades, and repair and overhaul of the C-130 Hercules aircraft. Aircraft equipment repair and overhaul was the company's largest product segment, accounting for C$2 million of its sales.

It was the Canadarm that was used to perform repairs on the Hubble space telescope in 1993. Acquired by L3 Technologies on October 03, 2001 Founded: January 01, 1942 Index of /spar Name Last modified Size Description : Parent Directory - ap.htm: 2009-02-24 03:57 : 11K As consumers, we often take for granted all the hard work that goes into building a great company. The arm's maintenance and support requirements brought in C$20 million a year. When Watson took over at Spar, many of ComStream's technical staff were demoralized that the company had not followed through with a promised initial public offering for the unit. It had lost its primary customer, Thomson Consumer Electronics, a maker of satellite television components, when Thomson began making its own chips. Finally, we can read about how these great companies came about with Company Histories..

Spar supplied the antennae and transponder. {{::mainImage.info.license.name || 'Unknown'}}, {{current.info.license.usageTerms || current.info.license.name || current.info.license.detected || 'Unknown'}}, Uploaded by: {{current.info.uploadUser}} on {{current.info.uploadDate | date:'mediumDate'}}. Spar sold Astro Aerospace Corporation to TRW Inc. for C$30.6 million in December 1998. Your input will affect cover photo selection, along with input from other users.

Government support for the 'Canada Hand'--$170 million worth--gave Spar some much-needed good news in the spring of 1997. Give good old Wikipedia a great new look: Cover photo is available under {{::mainImage.info.license.name || 'Unknown'}} license.

In 1992 NASA gave Spar a C$67 million contract for follow-up support for the Canadarm. The board also continued to entertain offers to buy the remainder of the company. The company provides a vast array of services including comprehensive technical publications support and engineering services. SPAR Aerospace was a Canadian aerospace company. The program by that time represented C$500 million in exports. In the mid-1980s, Spar built communications satellites for Hughes Aircraft and Telesat Canada (the Anik-E). Spar Aerospace Limited is perhaps better known for what it once was than what it is. Delaney Capital Management Ltd. gained control of the Spar board through its 58 percent share ownership. Spar, however, was precariously dependent on these 'golden chains': its government contracts amounted to C$275 million in 1991. Colin D. Watson became president and CEO of Spar in 1996. For faster navigation, this Iframe is preloading the Wikiwand page for, Note: preferences and languages are saved separately in https mode. Space-related work accounted for 82 percent of the company's revenues; aviation and defense, 13 percent.
Divestitures have pared Spar down to its Aviation Services division. Its Communications Systems Division also developed equipment for satellite communications for the energy industry. One of 1998's highlights came when the Canadarm completed its 50th mission in space aboard the space shuttle Columbia. Spar Aerospace is a provider of high-end aviation support services. Aviation Services accounted for C$14.4 million of profits and C$123.1 million of sales in 1998.

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