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November 20, 2009
MDA wins $200m contract in Russian market
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd., (TSX:MDA),a provider of essential information solutions,
announced today that it has signed a contract in excess of $200 million (CAD) with
the Russian Radio Research and Development Institute (NIIR) to provide two advanced
technology solutions for the Express AM5 and Express AM6 satellites.
Scheduled to launch in 2012, the Express satellites are designed to provide a large
range of broadcasting services, including digital TV, radio broadcasting, multimedia
services and mobile communications. MDA will deliver the solutions between Q4 2011
and Q1 2012.
Russia is increasing their demand for satellite systems to meet the country's growing
needs in information provision and this has opened a new market for MDA's products
and services. The Express series of satellites are owned and operated by the Russian
Satellite Communications Company, the major Russian satellite operator, currently
operating a fleet of 11 communications and broadcasting satellites.
Don Osborne, the vice president responsible for this business said, 'the contract
to supply the Express AM5 and Express AM6 solutions is aligned with our market focus
in the Commonwealth of Independent States region and working with NIIR, a new customer
for MDA, strengthens our presence in Russia.'
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.
MDA employs more than 3,200 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:
www.mdacorporation.com
www.niir.ru
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