MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a contract in excess of $7 million (CAD) with a confidential international customer. MDA will use RADARSAT-2 data to produce advanced derived information to support the customer's requirements.
MDA's RADARSAT-2 satellite has global high-resolution surveillance capabilities that include a large collection capacity, and combined with its high accuracy, makes it capable of producing market-specific information critical to decision makers such as in the oil and gas industry, mining and defence and intelligence.
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 worldwide.
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.
MDA employs more than 3,200 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.