RICHMOND, BC, Oct. 17 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today it
has been awarded a $3.5 million CAD technology demonstration contract from
Defence Research & Development Canada - Atlantic (DRDC Atlantic), an agency of
Canada's Department of National Defence. MDA will research and demonstrate an
information solution for the protection of maritime Naval forces against
surface and underwater terrorist threats.
This project is aimed at developing effective protection of ships
operating, anchored, or docked in port, as well as other valuable coastal and
harbour assets. Working in collaboration with DRDC Atlantic, MDA will explore
ship vulnerability in the event of an attack or threat, as well as MDA and
third party information technology options for the detection, classification
and potential mitigation of threats, and the integration of such information
solutions with the command and control structure.
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.
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 seven research centres located across
Canada with a corporate office in Ottawa. DRDC has an annual budget of
$300 million and employs 1500 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)