RICHMOND, BC, June 25, 2014 /CNW/ - MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX:MDA), a global communications and information company, today announced that
it has signed contracts worth approximately US$16 million to provide
geospatial information and services.
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 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 the subject
contracts 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. Risks that could
cause actual results to differ from current expectations include, but
are not limited to: changes in a contracting entity's priorities,
mandates, policies, funding levels, contracts and regulations; failure
of third parties and subcontractors; and failure of systems to meet
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