RICHMOND, BC, Jan. 6 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that the Canadian Space Agency (CSA) has increased its funding to expand the
scope of the existing contract with MDA to provide support for the Mobile
Servicing System, including building a spare Latching End Effector for the
Canadarm2. The Servicing System is an essential component of the International
Space Station (ISS). The contract amendment is valued at $15.7 million (CAD).
Launched in 2001, the Canadarm2 continues to play a vital role in the
assembly and maintenance of the ISS. Canadarm2's large mass handling
capability allows it to: move and install station modules, support astronauts
during spacewalks, and service instruments and other payloads attached to the
space station. The Latching End Effector is the Canadarm2's 'hand', used to
grasp and maintain a firm grip on payloads.
Stephen Oldham, one of MDA's vice presidents in the Information Systems
group said, 'This spare unit ensures Canadarm2 availability for critical
operations through the life of the International Space Station.'
In the fall of 2009, the Canadarm2 will play a key role in docking
Japan's unmanned H-II Transfer Vehicle (HTV) with the ISS. In addition, it
will be crucial in manipulating future COTS Vehicles, American cargo movers,
with the station.
MDA provides advanced information solutions that capture and process vast
amounts of data, produce essential information, and improve the decision
making and operational performance of business and government organizations
Focused on markets and customers with strong repeat business potential,
MDA delivers a broad spectrum of information solutions, ranging from complex
operational systems, to tailored information services, to electronic
MDA employs more than 3,300 people in locations across the United States,
the United Kingdom, and Canada. The Company's common shares trade on the
Toronto Stock Exchange under the symbol TSX:MDA.
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd. with
respect to future events and financial performance. Any such forward-looking
statements are subject to risks and uncertainties and MDA's actual results of
operations could differ materially from historical results or current
expectations. Additional information on these and other potential factors that
could affect MDA's financial results are detailed in documents filed from time
to time with the applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
For further information:
For further information: Wendy Keyzer, MDA External Relations, (604)