RICHMOND, BC, June 16 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that it has signed a $2.3 million (CAD) contract with the Canadian Department
of National Defence (DND) to transition an information solution that MDA is
currently developing for DND's Counter Improvised Explosive Device (CIED)
Program from demonstration phase to initial deployment phase. Two systems will
be delivered for deployment with the Canadian Forces (CF): one stand-alone
system for immediate use and the other for integration into CF operational
networks. MDA will also provide training to the CF prior to deployment.
The initial deployment is intended to test an improved capability to
integrate information from multiple intelligence sources and to generate
comprehensive intelligence analysis related to the IED threat to assist in
protecting CF personnel and operations in Afghanistan.
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 3,200 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.
DRDC is an agency of the Canadian Department of National Defence
responding to the scientific and technological needs of the Canadian Forces.
Its mission is to ensure that the CF remains scientifically and operationally
relevant. The agency is made up of nine centres located across Canada with a
corporate office in Ottawa. DRDC has an annual budget of $350 million and
employs 1700 people. With a broad scientific program, DRDC actively
collaborates with industry, international allies, academia, other government
departments and the national security community.
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)