Posted: Tuesday, December 16, 2014
MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that it has signed a contract amendment with the Canadian Space Agency for CA$17.7 million extending funding for ongoing support of the Mobile Servicing System on the International Space Station (ISS) through March 2016.
The Mobile Servicing System is comprised of Canadarm2, the Special Purpose Dextrous Manipulator known as “Dextre,” and the Mobile Base System. These three robotic systems perform a variety of operations ranging from resupply, maintenance, servicing tasks, and utilization on the space station that are critical to the on-going operations of the ISS.
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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