For immediate release: January 31, 2012
MDA receives follow-on contracts from the Federal Aviation Administration
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX:
MDA), a provider of essential information solutions,
announced today that it has signed contracts totaling US$7.6
million with the U.S. Federal Aviation Administration (FAA)
to continue the upgrade to the FAA's Instrument Procedure
Development System (IPDS), as part of a mission support
automation program, and to provide operational support to the
currently fielded version of the system. These latest
contracts will continue to align the system with the
requirements of the FAA's NextGen program.
The IPDS provides the FAA and the U.S. Department of Defense
(DoD) with the capability to design terminal area flight
routes that take advantage of the latest navigation
equipment, resulting in improved terminal airspace usage and
reduced fuel burn.
MDA has been providing on-going services related to
implementation and integration of the upgrades to FAA's
existing instrument flight procedure automation systems since
January 2007. The IPDS is part of a joint initiative between
the FAA and the DoD to create an automated solution to
modernize flight route design practices and to harmonize
military and civilian air navigation in the long term.
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.
Related Websites:
www.mdacorporation.com
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 government contracts. 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.
Any such forward-looking statements are subject to risks and
uncertainties and MDA's actual results of operations could
differ materially from historical results or current
expectations. The factors and assumptions underlying the
forward-looking statements in this release include contracts
with any government agency not being terminated. 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 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.
For more information, please contact:
Wendy Keyzer
MDA External Relations
Telephone: 604-231-2743
E-mail: wendy@mdacorporation.com
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