RICHMOND, BC, Oct. 4 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that the company has won an approximately $65 Million contract from Canada's
Department of National Defence (DND) to deliver an information solution called
SAPPHIRE for the surveillance of space objects. SAPPHIRE is DND's first
dedicated space mission and will support Canada's NORAD commitments with the
delivery of critical information.
SAPPHIRE will feature a space-based data collection platform for
continuous surveillance of manmade and natural objects in medium to high Earth
orbits (6,000 to 40,000 km). The data collected will be processed by a
ground-based system and the results will be used to update the U.S. Satellite
Catalogue that is used by both NORAD and Canada to provide space situational
MDA will lead a team comprised of COMDEV of Cambridge, Ontario, and SSTL
of Surrey, England. The four-year contract has the potential for a future
extension for mission support, operations, and maintenance. It follows a
design phase previously awarded to MDA.
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 earth and space based information solutions,
ranging from complex operational systems, to tailored information services, to
electronic information products.
MDA employs more than 3,000 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)