Press Release

MDA Signs long-Term Contract for Information Products and Services

By SpaceRef Editor
October 13, 2015
Filed under , ,

MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that its U.S. operation, MDA Information Systems LLC, has signed an Indefinite Delivery/Indefinite Quantity (IDIQ) contract with an undisclosed customer. The IDIQ commitment does not have a minimum amount and has a potential total value over five years of up to US$350 million, with each draw of funding to be approved separately over time. MDA will deliver information products and services derived from the exploitation and analysis of space-based imagery, open-source information, and geospatial data.

About MDA

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 11 locations in the United States, Canada, and internationally.

The Company’s common shares trade on the Toronto Stock Exchange under the symbol “MDA.”

Related Websites
www.mdacorporation.com

SpaceRef staff editor.