MDA to provide the US Air Force with mobile ground system upgrade
RICHMOND, BC, Nov. 30 /CNW/ - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a contract with the U.S. Air Force (USAF) Eagle Vision Program. MDA will upgrade its mobile ground system software, to allow it to receive and process imagery from the constellation of RapidEye satellites. MDA's solution allows the USAF to provide near real-time in-theatre access to essential image data, on a daily basis, in support of the warfighter.
The addition of the RapidEye capability expands MDA's existing multi-sensor offering to the USAF that includes data access from the RADARSAT-2 satellite since May 2009.
RapidEye is a constellation of five light weight Earth Observation small satellites that has the capacity to image any point on the Earth on any given day, providing RapidEye the ability to frequently monitor changes at any location of interest around the world.
Eagle Vision is the U.S. Department of Defense's only deployable commercial ground station capable of directly receiving and processing critical imagery information from commercial remote sensing satellites directly for the warfighter in-theatre. Eagle Vision also supports homeland disaster relief missions.
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.
The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
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Forward-Looking Statements
This release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") with respect to future events and financial performance. The forward-looking statements in this regard include statements regarding the award of a government contract. Any such forward-looking statements are based on MDA's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. The factors and assumptions underlying the forward-looking statements in this release include contracts with any government agency not being terminated. Any such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from current expectations. MDA cautions readers that should certain risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. The risks that could cause actual results to differ from current expectations include changes in government priorities, funding levels, contracts and regulations; failure of satellite; failure of third parties and subcontractors; and failure of systems to meet performance requirements.
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 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.