RICHMOND, BC, Sept. 22, 2014 /CNW/ - MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX:MDA), a global communications and information company, today announced that
it was selected by the Canadian Space Agency (CSA) for three projects.
Under the first project, MDA plans to evaluate how radar and optical
images can be combined to detect and track ships more rapidly. Rapid
identification allows decision makers to use information as efficiently
as possible to support Canada's maritime surveillance capability.
Under the second project, MDA aims to improve the solution for
monitoring geohazards in pipeline corridors. Early detection of
changes, such as land shifts that could cause ground subsidence or
landslides, allows remedial actions to happen before problems escalate
and create a risk to pipelines. The information could provide pipeline
developers and operators with critical risk assessment information, and
potentially support more reliable monitoring of pipelines in Canada and
For the third project, MDA intends to demonstrate the added value of
RADARSAT-2 in the monitoring of forest areas by providing information
on forest clear or partial cut, and to develop innovative features that
will enable its use in detecting forest disturbances. The results of
this project could improve the Canadian Forest Service's current
practices for disturbance mapping, providing added value to their
activities, such as maintaining a national-scale carbon budget.
MDA is a global communications and information company providing
operational solutions to commercial and government organizations
MDA's business is focused on markets and customers with strong repeat
business potential, primarily in the Communications sector and the
Surveillance and Intelligence sector. In addition, the Company conducts
a significant amount of advanced technology development.
MDA's established global customer base is served by more than 4,800
employees operating from 11 locations in the United States, Canada, and
The Company's common shares trade on the Toronto Stock Exchange under
the symbol "MDA."
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd.
("MDA" or the "Company") with respect to future events and financial
performance. The forward-looking statements in this regard include
statements regarding the award of government contracts. Any such
forward-looking statements are based on MDA's current expectations,
estimates, projections and assumptions in light of its experience and
its perception of historical trends. The factors and assumptions
underlying the forward-looking statements in this release include
contracts with any government agency not being terminated. Any such
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially from
current expectations. MDA cautions readers that should certain risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary significantly from those expected.
The risks that could cause actual results to differ from current
expectations include, but are not limited to: changes in government
priorities, mandates, policies, funding levels, contracts and
regulations; failure of third parties and subcontractors; and failure
of systems to meet performance requirements.
For additional information with respect to certain of these risks or
factors, plus additional risks or factors, reference should be made to
the Company's continuous disclosure materials filed from time to time
with Canadian securities regulatory authorities, which are available
online under the Company's profile at www.sedar.com or on the Company's website at www.mdacorporation.com
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
SOURCE: MacDonald, Dettwiler and Associates Ltd.
For further information:
MDA External Relations