The Short Report – November 16, 2022: $43M for Canada’s first lunar rover; Alberta gets advanced diagnostics centre; Vancouver has highest tech job growth; Oceans Protection Plan reports; and more
Organization: Onex Corp
CMC Electronics Incsells military division
CMC Electronics Inc (formerly Canadian Marconi Co) has sold its Montreal-based military communications business unit to Ultra Electronics Holdings plc, Greenford UK. The two firms have signed multi-year agreements for components and manufacturing and office space so that Ultra will continue to operate at the Montreal facility. CMC is owned by ONCAP lp, an Onex…