Recent Press Releases

Up one level

MDA's Fourth Quarter and Year End 2009 results conference call alert

For immediate release: March 4, 2010 Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, plans to release its Fourth Quarter and Year End 2009 financial results at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) on Thursday, March 18, 2010.

RADARSAT Constellation Mission contract update

For immediate release: March 17, 2010 Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that the Canadian Space Agency has authorized the Company to start the design phase (Phase C) of the RADARSAT Constellation Mission. This authorization is limited to $11.8 million (CAD) and is expected to be completed by June 11, 2010.

MDA reports fourth quarter and full year 2009 results

For immediate release: March 18, 2010 Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, today reported financial results for the fourth quarter and year ended December 31, 2009. MDA posted net earnings this quarter of $30 million, or $0.74 per diluted share, compared to $8.8 million, or $0.22 per diluted share, for the same period of last year. For the year, net earnings increased to $108 million ($2.67 per diluted share) from $48 million ($1.19 per diluted share) for last year.

MDA wins a further contract for AM5 and AM6 with Russia

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a contract in excess of $45 million (USD) with the Russian Radio Research and Development Institute (NIIR).

MDA continues to develop Russian market

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a contract in excess of $15 million (USD) with the Russian Radio Research and Development Institute (NIIR) to provide an advanced technology solution for the Lutch-M meteorological satellite.

MDA contract will enable robotic capture and mating of Orbital's Cygnus™ Cargo Delivery Spacecraft to the ISS

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has received a $2.4M (USD) contract from Orbital Sciences Corporation (NYSE: ORB) to provide a critical interface that will enable capture and mating of the Cygnus™ cargo delivery spacecraft to the International Space Station (ISS). The contract also contains an option to purchase additional units for follow-on operational missions worth at least $4.0M (USD).

MDA's surveillance service for the Royal Australian Air Force is now operational

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that MDA has conducted its first Unmanned Aerial Vehicle (UAV) flight for the Royal Australian Air Force (RAAF) - four months after contract award. Flight operations are now officially underway from the Kandahar Airfield in Afghanistan.

MDA to supply RADARSAT-2 based information solution for an international customer

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a contract in excess of $7 million (CAD) with a confidential international customer. MDA will use RADARSAT-2 data to produce advanced derived information to support the customer’s requirements.

MDA's surveillance service for the Royal Australian Air Force is now operational

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that MDA has conducted its first Unmanned Aerial Vehicle (UAV) flight for the Royal Australian Air Force (RAAF) - four months after contract award. Flight operations are now officially underway from the Kandahar Airfield in Afghanistan. The service will support Australian forces by providing critically important intelligence, surveillance and reconnaissance information directly to ground commanders in real time.

MDA's advanced technology solution to support O3b communication satellite network

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has received a contract valued in excess of €15 million ($22.5 million CAD) from Thales Alenia Space to provide a number of advanced technology solutions. The solutions will be used for eight Medium Earth Orbit communication satellites that are being designed and manufactured for O3b Limited.

MDA to provide advanced technology solutions for network and media services

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a multi-million dollar contract with Boeing Satellite and Intelligence Systems, Inc. (Boeing). MDA will deliver four advanced technology solutions with the potential opportunity to supply twelve additional units. The first four units will fly on a Boeing 702B satellite.

MDA books contract for further support of the Mobile Servicing System for the International Space Station

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has received an $8.86 million (CAD) contract amendment from the Canadian Space Agency (CSA) to provide additional logistics and sustaining engineering for the Mobile Servicing System (MSS). For immediate release: December 21, 2009

MDA receives follow-on contracts from the Federal Aviation Administration to continue modernization of flight route design solution

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has received follow-on contracts valued at over $9.5 million (USD) from the U.S. Federal Aviation Administration (FAA) to further upgrade the Instrument Procedure Development System (IPDS).

MDA contracted to deliver the national communications satellite system of Ukraine

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a $254 million dollar (US) contract to provide a communication satellite system to the National Space Agency of Ukraine (NSAU). The financing for this project is provided by Export Development Canada (EDC).

MDA to modernize the Land Title and Survey Authority of British Columbia's Information Solutions and Processes

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a contract for over $13.5 million (CAD) with the Land Title and Survey Authority of British Columbia (LTSA) to modernize the LTSA’s existing information solutions and upgrade associated business processes. The contract allows for additional amounts for maintenance and support.

MDA to provide advanced technology solutions for Internet Services by Satellite

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a multi-million dollar contract with Space Systems/Loral Inc. to deliver four advanced technology solutions.

MDA wins $200m contract in Russian market

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a contract in excess of $200 million (CAD) with the Russian Radio Research and Development Institute (NIIR) to provide two advanced technology solutions for the Express AM5 and Express AM6 satellites.

MDA to advance technologies for Canada's space program

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has received funding from the Canadian Space Agency to advance key technologies to meet current and future needs of the Canadian Space Program. The three contracts are funded under the Space Technologies Development Program.

MDA funded to develop next generation technology for future space exploration

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, has received a $46 million (CAD) contract from the Canadian Space Agency to develop the next generation technologies and prototypes for international space exploration and spacecraft servicing missions. The contract also includes options for an additional $4 million of prototypes.

MDA to measure mine site surface deformation with RADARSAT-2

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has been awarded a five year contract for $2.5 million (CAD) by Luossavaara Kiirunavaara Aktiebolag (LKAB). MDA’s solution will provide LKAB with critical information to monitor surface deformation at and in the vicinity of their Kiruna, Sweden mine. MDA will apply advanced RADARSAT-2 technology to detect subtle surface changes over a broad area providing LKAB with a comprehensive view of their operations.

MDA reports third quarter 2009 results

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, today reported financial results for the third quarter ended September 30, 2009. MDA posted net earnings of $29 million, or 70 cents per diluted share. This is compared to net earnings of $242,000, or one cent per diluted share, for the same period of last year.

Engineering services resume at MDA's Brampton operations

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has reached a new four-year collective agreement with the engineers’ association (SPATEA) at its Brampton, Ontario location. Normal operations will resume Tuesday, October 27, 2009.

U.S. Air Force to expand capabilities for MDA Flight Path Safety System

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has been authorized to begin work on a number of projects totaling over $5.7 million (CAD) to add significant new capabilities to and refresh the solution technology for a flight path safety system delivered by MDA to the United States Air Force (USAF) in 2004. The Air Force Terminal Instrument Procedures Replacement (AFTERPS-R) system is deployed to more than 190 end-users throughout all USAF Major Commands.

MDA to Supply a Spacecraft Information Solution

For immediate release: October 22, 2009 Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a multimillion dollar contract with a foreign customer to provide critical elements to assist the capture and docking of a spacecraft with the International Space Station.

MDA EarthSat Weather Acquires Climetrix From Risk Management Solutions

Effective September 30, 2009, MDA EarthSat Weather ('EarthSat Weather') has acquired from Risk Management Solutions ('RMS') the entire weather derivatives software and data franchise, including the full rights to the Climetrix software.

MSB renews claim settlement solution with top insurer

For immediate release: October 2, 2009 Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that its U.S. subsidiary Marshall & Swift/Boeckh (MSB) has renewed its multi-million multi-year license to provide a claims settlement solution to one of the largest homeowner insurance carriers in the U.S.

MDA to provide advanced technology solution for ESA's new Earth observing satellites

For immediate release: September 30, 2009- Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a multi-million dollar contract with Thales Alenia Space France to provide an advanced technology solution for the European Space Agency’s (ESA) Sentinel-3 mission.

Withdrawal of engineering services at Brampton operations

For immediate release: September 25, 2009 Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that the engineers association (SPATEA) of its Brampton, Ontario operations has withdrawn its services. The current collective agreement expired on December 31, 2008. The company will continue its effort to reach a new collective agreement.

MDA's RADARSAT-2 information to support maritime surveillance

For immediate release: September 23, 2009- Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a $5 million (CAD) contract with Collecte Localisation Satellites (CLS) of Toulouse, France.

MDA wins major surveillance service contract

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that a confidential customer has awarded a contract to MDA for a long endurance unmanned aerial (UAV) surveillance solution to support its deployed forces. The surveillance solution will be operational in early 2010 for a period of one year, with options for an additional two years.