RICHMOND, BC, Jan. 12, 2012 /CNW/ - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that
it has received a contract in excess of CA$5 million to provide five
advanced technology solutions to EADS Astrium.
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
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 information products.
The Company's common shares trade on the Toronto Stock Exchange under
the symbol TSX:MDA.
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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. The
forward-looking statements in this regard include statements regarding
the award of a 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 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
historical results or 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 failure of third parties and
subcontractors; failure of systems to meet performance requirements;
changes in government priorities, funding levels, contracts and
regulations; satellite failure; and failure to anticipate changes in
technology, technical standards and product offerings or 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
MDA's continuous disclosure materials filed from time to time with
Canadian securities regulatory authorities, which are available online
at www.sedar.com or on MDA'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