MDA Gets $46 Million CAD Contract for Exploration Tech

MDA PRESS RELEASE

MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, has received a $46 million (CAD) [$42 million USD] contract from the Canadian Space Agency to develop the next generation technologies and prototypes for international space exploration and spacecraft servicing missions. The contract also includes options for an additional $4 million of prototypes.

Building on the recent advances in applicable technologies and operational mission expertise, MDA will develop ground prototypes of the next generation robotic systems, for potential use in future Lunar and Martian orbital exploration missions, as well as in missions to service spacecraft in Earth’s orbit.

Investments in these next generation technologies will demonstrate Canada’s readiness to support future international exploration initiatives with unprecedented robotic capabilities for government and commercial uses.

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.