Français |  Copyright Notices |  Terms of Use |  Privacy Policy
Essential Information Solutions
Information Systems
News
Overview
 
 

For immediate release: January 5, 2005

MDA Signs Contract Valued at $154 Million U.S. to Provide Hubble Rescue Solution

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, today announced that it has signed a contract worth approximately $154 million U.S. to provide a potential information and robotic servicing solution to NASA to rescue the Hubble Space Telescope. The Hubble mission will follow on the heels of two U.S. military satellite missions that will utilize MDA's solutions to perform similar tasks.

"We are building robotic space solutions that perform critical tasks to meet the requirements of ongoing and future international space missions," said Dan Friedmann, President and CEO of MDA. "The Hubble mission and our strategic participation in other space missions will demonstrate that robots can cost-effectively complete complex tasks in space, while working together with astronauts on the ground."

MDA is involved in two other important unmanned U.S. military satellite missions. MDA recently shipped a space-based solution for a classified satellite observation program, and is in the final stages of another previously announced key space servicing mission.

The Hubble award provides MDA with a new major source of long-term revenue. This award also positions MDA as the world leader in extending human reach in hostile environments with great precision and reliability.

The Canadian Commercial Corporation (CCC) is acting as the contracting agency between MDA and NASA and has executed the contract. CCC, a Government of Canada Crown corporation, facilitates over $1 billion in exports each year.

More information on the Hubble servicing mission is available at: http://hubble.gsfc.nasa.gov/robotic/index.php

Hubble Service Mission
(High Res Image)

About MacDonald, Dettwiler and Associates Ltd. (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 2,500 people in locations across the United States , United Kingdom , and Canada . The Company trades on the Toronto Stock Exchange under the symbol TSX:MDA.

Related Websites:
www.mdacorporation.com
http://hubble.gsfc.nasa.gov/robotic/index.php

©1995-2006 MacDonald, Dettwiler and Associates Ltd. All Rights Reserved.
Please send questions or comments about this website to webmaster@sm.mdacorporation.com