RICHMOND, BC, July 8, 2014 /CNW/ - MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX:MDA), a global communications and information company, today announced that
it has been contracted by the Commonwealth of Australia to continue
MDA's Unmanned Aerial Vehicle surveillance service for the Australian
Defence Force in Kandahar Airfield, Afghanistan until the end of 2014.
MDA has been supporting the Australian Forces by providing critically
important real-time intelligence, surveillance and reconnaissance
information directly to ground commanders since January 2010.
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 and amendment of a government contract.
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 or intergovernmental 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 necessarily limited to,
changes in government or intergovernmental priorities, mandates,
funding levels, contracts and regulations; failure of third parties and
subcontractors; failure to anticipate changes in technology, technical
standards and offerings or to comply with the requisite standards.
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 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