Posted: Thursday, March 30, 2017
MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that it has received an Authorization To Proceed from The Boeing Company for the provision of three Ku-Band communication subsystems that will replace aging Ku-Band communication subsystems. The new subsystems will interface with the existing International Space Station (ISS) Space-to-Ground Antenna, previously provided by MDA. The contract includes an option for an additional subsystem, which if exercised, brings the full contract to approximately CA$30 million.
The contract includes a prototype and test unit. The communication subsystems will offer improved technology and performance and support the long-term mission of the ISS with improved communication capability between the ISS and Mission Control Centres on Earth.
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 15 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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