Posted: Monday, January 11, 2016
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 for CA$3 million with Canada’s Department of National Defence to provide upgrades to the ground systems supporting the radar surveillance systems developed by MDA and used on Canada’s fleet of CP-140 Aurora aircraft.
The CP-140 Aurora fleet is Canada’s Intelligence, Surveillance and Reconnaissance aircraft. The fleet is used by the Royal Canadian Air Force in activities such as domestic surveillance of Canada’s maritime approaches, search and rescue missions, and maritime and overland operations. MDA’s radar surveillance system provides users with a high resolution imaging capability that can detect, locate, and classify land and marine-based objects, such as vehicles and ships.
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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