MDA to develop concept for communications solution for Sierra Nevada Corporation’s commercial shuttle replacement
RICHMOND, B.C., April 30, 2012 /CNW/ - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that
it has signed a contract with Sierra Nevada Corporation to provide an
engineering concept for a communications solution for the ongoing phase
of NASA’s Commercial Crew Development program. This program aims at
developing a reusable spacecraft to transport crew and critical cargo
to the International Space Station and then return to Earth.
If successful, this work could form the basis for an operational
communications solution to be incorporated into the future reusable
crew transportation spacecraft.
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
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.
About Sierra Nevada Corporation’s Space Systems
Sierra Nevada Corporation’s Space Systems business area headquartered in
Louisville, Colorado, designs and manufactures advanced spacecraft,
space vehicles, and spacecraft subsystems for commercial and government
customers. Space Systems (SS) has more than 20 years heritage in
space, successfully delivering over 400 subsystems for 300+ satellite
missions. Current key programs include NASA’s Commercial Crew
Development program where we are developing our Dream Chaser® 7
passenger vehicle to take astronauts to the International Space
Station; the ORBCOMM Generation 2 program that includes production of
18-48 small satellites for a commercial asset tracking company; the
SpaceShip2 program where we are developing a non-toxic “green” rocket
engine for Virgin Galactic’s suborbital space vehicle to carry tourists
to space; and the Modular Space Vehicle program for the DoD’s
Operationally Responsive Space Office. SNC media contact: email@example.com or 720-407-3192
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This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd.
(“MDA”) with respect to future events and financial performance. The
forward-looking statements in this regard include statements regarding
the award of a 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 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 failure of third parties and subcontractors;
failure of systems to meet performance requirements and failure to
anticipate changes in technology, technical standards and offerings or
comply with the requisite standards.
For additional information with respect to certain of these risks or
factors, plus additional risks or factors, reference should be made to
MDA’s continuous disclosure materials filed from time to time with
Canadian securities regulatory authorities, which are available online
at www.sedar.com or on MDA’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.