Posted: Tuesday, October 28, 2014
MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that it has been awarded a contract amendment valued at CA$40 million by the Commonwealth of Australia to transition MDA’s Unmanned Aerial Vehicle (UAV) services to Australia following completion of the currently contracted services in Afghanistan. MDA will provide the Royal Australian Air Force (RAAF) with UAV operations and related services within Australia through December 2017, with options for up to an additional three years. MDA’s service supports the RAAF plans to further develop Australia’s unmanned surveillance and reconnaissance capabilities.
MDA has been supporting the Australian Forces in Afghanistan since January 2010 providing critically important real-time intelligence, surveillance and reconnaissance information directly to ground commanders.
MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide.
MDA’s business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development.
MDA’s established global customer base is served by more than 4,800 employees operating from 11 locations in the United States, Canada, and internationally.
The Company’s common shares trade on the Toronto Stock Exchange under the symbol “MDA.”
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