Posted: Thursday, May 5, 2011
MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed multi-year contracts totalling over $1 million (CAD) to supply oil field monitoring products to a leading integrated oil company.
MDA will apply advanced RADARSAT-2 high-resolution surveillance capabilities that include a large collection capacity and high accuracy to detect subtle surface changes, independent of weather, and over the entire oil fields. Early detection of surface movement allows the company to enhance production and mitigate environmental risks in their oil fields. MDA will also provide analytical reports that compare historical movement to the current situation.
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.
The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
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