MDA receives additional amendments to Design Phase of Canada's RADARSAT Constellation Mission
FOR IMMEDIATE RELEASE
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a contract amendment with the Canadian Space Agency totaling CA$6.7 million, for the Design Phase of the RADARSAT Constellation Mission. The amendment continues the long lead procurement of parts and equipment needed for the Build Phase.
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.
The Company's common shares trade on the Toronto Stock Exchange under the
symbol TSX:MDA.
Related Websites:
www.mdacorporation.com
Forward-Looking
Statements
This release contains forward-looking statements and information, which reflect
the current view of MacDonald, Dettwiler and Associates Ltd. (“MDA” or the
“Company”) with respect to future events and financial performance. The
forward-looking statements in this regard include statements regarding
amendments to 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. 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; satellite failure; 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.


