Posted: Wednesday, March 21, 2007
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a contract with IHI Aerospace of Japan for the implementation phase of the information solution it has developed to provide guidance for cargo transfer operations on orbit.
As Japan prepares for the launch, installation and operation of its space experiment module Kibo on the International Space Station, astronauts will use an MDA-supplied observation and guidance solution to safely load an Exposed Pallet containing equipment and supplies onto the H2 Transfer Vehicle while it is docked at the International Space Station.
This latest contract consists of delivering one solution for installation on the first flight model of the H2 Transfer Vehicle. 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 earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
MDA employs more than 3,000 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.
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. 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. Additional information on these and other potential factors that could affect MDA's financial results are detailed in documents filed from time to time with the applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.
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