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December 1, 2011
MDA receives additional amendment to Design Phase of Canada's RADARSAT Constellation
Mission
Richmond, B. C. - MacDonald, Dettwiler and Associates Ltd. (TSX:MDA), a provider of essential information solutions,
announced today that it has signed a contract amendment with the Canadian Space
Agency totaling CA$11.3 million, for the Design Phase of the RADARSAT Constellation
Mission.
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.
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. (“MDA” or the “Company”)
with respect to future events and financial performance. The forward-looking statements
in this regard include statements regarding amendments to a government 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. The factors and assumptions underlying the forward-looking statements in
this release include contracts with any government agency 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 changes in government priorities, funding levels, contracts
and regulations; satellite failure; failure of third parties and subcontractors;
and failure of systems to meet performance requirements.
For additional information with respect to certain of these risks or factors, plus
additional risks or factors, reference should be made to the Company’s continuous
disclosure materials filed from time to time with Canadian securities regulatory
authorities, which are available online at www.sedar.com
or on the Company’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
Email:
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