Posted: Tuesday, April 15, 2014
MacDonald , Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX: MDA), a global communications and information company, announced today that it has signed a five-year multi-million dollar agreement with PASCO Corporation, a major player in the geospatial information industry. PASCO has been granted exclusive distribution rights, effective May 1, 2014 , for RADARSAT-2 products and services to support government and commercial users in Japan in areas such as defence and security, land use management, environmental monitoring, and disaster response.
The RADARSAT-2 satellite has global high-resolution surveillance capabilities that include a large collection capacity and high accuracy. The satellite acquires data regardless of light or weather condition, provides frequent re-visit imaging options, and is supported by ground receiving stations that provide near real-time information delivery services. This versatility makes RADARSAT-2 a reliable source of information in multi-faceted intelligence surveillance and monitoring programs.
MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide.
MDA's business is focused on markets and customers with strong repeat business potential. In addition, the Company conducts a significant amount of advanced technology development.
MDA's well-established global customer base is served by more than 4,800 employees operating from 11 offices located in the United States , Canada , and internationally.
The Company's common shares trade under the symbol TSX:MDA.
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