|
February 03, 2010
MDA wins a further contract for AM5 and AM6 with Russia
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 $45 million (USD) with
the Russian Radio Research and Development Institute (NIIR).
MDA will provide key sub-systems to be incorporated into the advanced information
solutions previously announced in November 2009 for the Express AM5 and Express
AM6 satellites.
Dr. Marc Donato, a vice president within MDA's Information Systems group said, 'MDA
was proud to participate in the Quebec mission to Russia in December 2009, hosted
by Quebec's Premier Jean Charest, and to contribute in building a closer economic
tie with Russia. We are committed to establish a solid, long term relationship with
NIIR and to further develop bilateral relations between the Province of Québec and
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
|