RICHMOND, BC, Dec. 21, 2017 – MDA, a business unit of Maxar Technologies (formerly MacDonald, Dettwiler and Associates Ltd.), (NYSE: MAXR; TSX: MAXR), today announced that it has signed a contract valued at approximately CA$15 million with NATO Communications and Information Agency (NCI). MDA will build a new system to support NATO's maritime command and control operations under Project TRITON based on a modern software architecture and technology. This capability will be provided on both fixed and deployable systems. MDA will also provide NATO with a stand-alone command and control visualization capability which is planned to become the standardized map and object visualization for all NATO information technology systems.
The MDA TRITON system will provide the NATO community with an integrated, robust, and flexible capability supporting a set of services available throughout the Bi-Strategic Command Automated Information System and NATO operational theatres. The system will enable NATO and NATO member nations to establish and share a common view of the maritime operations thereby improving their situational awareness and decision-making processes.
Norman Hannaford, MDA's vice president and general manager responsible for the surveillance and intelligence business said, “MDA is pleased to combine its strengths in command and control and maritime surveillance to provide NATO with the highest quality, operational maritime command and control system. We look forward to this award signaling the start of a long-term strategic partnership through which MDA's Canadian technology can support NATO's critical mission needs.”
Kevin Scheid, NCIA's General Manager said, “NCIA is delighted to have an opportunity to work with a Canadian company that brings the depth and breadth of Canadian maritime command and control experience to NATO for the Triton project.”
Kerry Buck, the Permanent Representative of Canada to NATO, noted, “NATO is at the core of Canada's national security policy. We are proud that NATO will leverage Canadian technology and expertise to contribute to enhanced communications and support interoperability in NATO.”
MDA is an internationally recognized leader in space robotics, satellite antennas and subsystems, surveillance and intelligence systems, defense and maritime systems, and geospatial radar imagery. MDA's extensive space expertise and heritage translates into mission-critical defence and commercial applications that include multi-platform command, control and surveillance systems, aeronautical information systems, land administration systems and terrestrial robotics. MDA is also a leading supplier of actionable mission-critical information and insights derived from multiple data sources, both owned and operated within the Maxar group and by customer and third party sources. Founded in 1969, MDA is recognized as one of Canada's most successful technology ventures with locations in Richmond, Ottawa, Brampton, Montreal and Halifax. MDA is a business unit of Maxar Technologies (TSX: MAXR NYSE: MAXR). For more information visit www.mdacorporation.com.
About Maxar Corporate
Maxar Technologies (formerly MacDonald, Dettwiler and Associates) is a leading global provider of advanced space technology solutions for commercial and government markets including satellites, Earth imagery, geospatial data and analytics. As a trusted partner, Maxar Technologies provides unmatched end-to-end advanced systems capabilities and integrated solutions expertise to help our customers anticipate and address their most complex mission critical challenges with confidence. With more than 6,500 employees in over 20 locations, the Maxar Technologies portfolio of commercial space brands includes: SSL, MDA, DigitalGlobe, and Radiant Solutions. Every day millions of people rely on Maxar Technologies to communicate, share information and data, and deliver insights that empower a better world. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information visit www.maxar.com.
This release contains forward-looking statements and information, which reflect the current view of Maxar Technologies Ltd. (the “Company”) with respect to future events and financial performance. The forward-looking statements in this regard include statements regarding the award of a contract with an intergovernmental agency. Any such forward-looking statements are based on the Company'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 or intergovernmental 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. The Company 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, but are not necessarily limited to: changes in government or intergovernmental priorities, mandates, funding levels, contracts and regulations; satellite failure; failure of third parties and subcontractors; and failure to anticipate changes in technology, technical standards and offerings or compliance with the requisite standards, or failure to maintain technological advances and offer new products to retain customers and market position.
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 and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, under the Company's EDGAR profile at www.sec.gov, or on the Company's website at www.maxar.com.
SOURCE Maxar Technologies Ltd.
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