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MDA extends support contract with Canada's DND
Apr 10, 2013 (01:04 PM EDT)
RICHMOND, BC, April 10, 2013 /CNW/ - MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX: MDA), a global communications and information company, announced today that it has signed a CA$8.3 million contract with Canada's Department of National Defence (DND) extending its operational support of DND's Automated Airline Hosting and Aircraft Tasking System (AAHATS). AAHATS provides a passenger booking and aircraft scheduling service for the Canadian Forces for five years at six locations in Canada. The contract includes four one-year options to extend the support, with a total anticipated value of the options at CA$8 million.
MDA has been providing support for AAHATS since 1995 when the Company originally delivered the system to DND.
MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide.
MDA's business is focused on markets and customers with strong repeat business potential. In addition, the Company conducts a significant amount of advanced technology development.
MDA's well-established global customer base is served by more than 4,500 employees operating from 11 offices located in the United States, Canada, and internationally.
The Company's common shares trade under the symbol TSX:MDA.
For additional information with respect to certain of these risks or factors, plus additional risks or factors, reference should be made to the Company's continuous disclosure materials filed from time to time with Canadian securities regulatory authorities, which are available online under the Company's profile at www.sedar.com or on the Company's website at www.mdacorporation.com.
The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.
SOURCE MacDonald, Dettwiler and Associates Ltd.