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
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).
As the International Space Station
continues to expand and free-flying spacecraft begin regular re-supply missions
to the orbital outpost, the MSS will
play an increasingly critical role in berthing and logistical operations.
The MSS, which includes
Canadarm2, 'Dextre' and a Mobile Base System, was developed by MDA under
contract to the CSA as Canada’s contribution to the
International Space Station.
About
MDA
MDA provides advanced information
solutions that capture and process vast amounts of data, produce essential
information, and improve the decision making and operational performance of
business and government organizations worldwide.
Focused on markets and
customers with strong repeat business potential, MDA delivers a broad spectrum
of information solutions, ranging from complex operational systems, to tailored
information services, to electronic information products.
MDA employs
more than 3,200 people in locations across the United States, the United Kingdom, and Canada. The
Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
Related
Websites:
www.mdacorporation.com
www.asc-csa.gc.ca
Forward-Looking
Statements
This release contains
forward-looking statements and information, which reflect the current view of
MacDonald, Dettwiler and Associates Ltd. with respect to future events and
financial performance. The forward-looking statements in this regard include
statements regarding the award of a government contract. Any such
forward-looking statements are based on MDA’s current expectations, estimates,
projections and assumptions in light of its experience and its perception of
historical trends. Any such forward-looking statements are subject to risks and
uncertainties and MDA’s actual results of operations could differ materially
from historical results or current expectations. The factors and assumptions
underlying the forward-looking statements in this release include contracts with
any government agency not being terminated. Any such forward-looking statements
are subject to a number of risks and uncertainties that could cause actual
results to differ materially from current expectations. MDA cautions readers
that should certain risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary significantly from those
expected. The risks that could cause actual results to differ from current
expectations include changes in government priorities, funding levels, contracts
and regulations; failure of third parties and subcontractors; and failure of
systems to meet performance requirements.
For additional information
with respect to certain of these risks or factors, plus additional risks or
factors, reference should be made to the Company’s continuous disclosure
materials filed from time to time with Canadian securities regulatory
authorities, which are available online at www.sedar.com or on the Company’s website at www.mdacorporation.com .
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
For more information, please contact:
Wendy Keyzer
MDA
External Relations
Telephone: 604-231-2743
E-mail: wendy@mdacorporation.com


