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.
For immediate release: September 1, 2009
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.
Building
on the previously announced successful Noctua UAV service for the Canadian
Forces, under this new contract, MDA will provide a similar complete turnkey
operational UAV service. The new service will include full operations,
maintenance and logistics to provide real-time, multi-sensor intelligence
information directly in the theatre of operation.
David Hargreaves, a
vice president within the Information Systems Group, said: ‘This contract
expands MDA's ability to provide advanced turnkey airborne surveillance services
very quickly to customers with urgent deployed and domestic operational
requirements.’
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
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 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 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 failure of third parties and subcontractors; failure of systems to meet
performance requirements and failure to anticipate changes in technology,
technical standards and product offerings or comply with the requisite
standards.
For additional information with respect to certain of these
risks or factors, plus additional risks or factors, reference should be made to
MDA’s continuous disclosure materials filed from time to time with Canadian
securities regulatory authorities, which are available online at www.sedar.com or on MDA’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.


