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For immediate release: March 13, 2006
MDA Starts Work On Next-Generation Satellite Constellation
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions,
has been awarded a $7 million contract by the Canadian Space Agency (CSA) to carry
out conceptual design work for a planned future information solution intended to
provide continued radar information to existing RADARSAT users. Unlike the RADARSAT-2
solution, which is based on a single large satellite, the new solution is to be
based on a constellation of three smaller satellites and will be known as the RADARSAT
Constellation. This contract is the first to draw on the combined capability of
MDA and the facility recently acquired from EMS Technologies.
The Canadian Government's ongoing commitment to maintain Canada's strong worldwide
position in radar satellite surveillance solutions is backed by the allocation of
over $200M of initial funding over the next five years as announced in the 2005
Federal Budget. Government and commercial applications include transportation, national
security, resource management and sustainable development.
Under the contract MDA will start to develop the most critical technological concepts,
deliver the conceptual design documentation for the mission, and conduct a formal
System Requirements Review with the CSA. The work will be carried out at MDA facilities
in Richmond, BC and Montréal, Québec.
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 earth and space based information solutions, ranging from complex
operational systems, to tailored information services, to electronic information
products.
MDA employs more than 2,700 people in locations across the United States, the United
Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange
under the symbol TSX:MDA.
Related Websites:
http://www.mdacorporation.com/
Forward-Looking Statement
This release contains forward-looking statements and information, which reflect
the current view of MacDonald, Dettwiler and Associates Ltd. with respect to future
events and financial performance. Any such forward-looking statements are subject
to risks and uncertainties and MDA's actual results of operations could differ materially
from historical results or current expectations. Additional information on these
and other potential factors that could affect MDA's financial results are detailed
in documents filed from time to time with the applicable Canadian securities regulatory
authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form or content
of this release.
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