MDA signs deal worth more than $100 million with Israel Aerospace

[Timothy_Fitzpatrick]

December 10, 2012 - THE CANADIAN PRESS

RICHMOND, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) said Monday it has signed a contract worth more than $100 million with Israel Aerospace Industries Ltd.

The deal is for a communications payload system for the AMOS-6 satellite to be launched in 2015.

Israel Aerospace Industries, an aerospace and defence contractor, designs, manufactures and operates the AMOS communications satellites series.

Also Monday, MDA announced a multi-million dollar contract with DigitalGlobe, Inc. for a system that will allow two of the U.S. air force's mobile ground systems to receive and process imagery from WorldView-1 and WorldView-2 satellites.

The deal builds on an agreement in October to bring the number of U.S. air force systems with the capability to four.

MDA, best-known as the maker of the robotic arms used on the International Space Station and the now-retired U.S. space shuttles, supplies technology to a variety of businesses that use satellites to collection information from space.