RICHMOND, BC, Jan. 8 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today it
has been awarded a contract worth more than $6 million (CAD) to provide
in-service support and enhancements to the VICTORIA Class Trainers for the
Canada's Department of National Defence's VICTORIA Class Long Range Patrol
Submarines. Contributing directly to Canada's domestic security capability,
the submarines also support Canadian Arctic and maritime sovereignty. The
contract is for a three year duration, with options for an additional two
The use of training simulators improves safety decision-making skills
during realistic mission scenarios, in a cost-effective and timely manner.
A key component in DND's training and simulation environment, MDA's
solution includes training, maintenance and the analysis and implementation of
upgrades. This contract will extend MDA's maritime training business, which
already includes DND's Naval Combat Operator Trainer, and the Submarine
Command Team Trainer, along with various international products.
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 3,300 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)