Posted: Wednesday, April 19, 2017
MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that it has signed a contract for approximately CA$5 million with Airbus Defence and Space to provide four communication antenna subsystems and control electronics. MDA’s proven and patented control electronics allows antenna movement in very fine increments which increases the flexibility and performance of the satellite.
MDA’s antenna solutions cover a wide range of requirements to address single and multi-satellite programs in commercial, space, military and airborne markets.
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, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development.
MDA’s established global customer base is served by more than 4,800 employees operating from 15 locations in the United States, Canada, and internationally.
The Company’s common shares trade on the Toronto Stock Exchange under the symbol “MDA.”
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