MDA, a Maxar Technologies company (formerly MacDonald, Dettwiler and Associates Ltd.), (NYSE: MAXR; TSX: MAXR), announced today that it has signed a contract valued at approximately CA$8 million with Canada’s Department of National Defence (DND) to provide Maritime Miniature Unmanned Aircraft Systems (MMUAS). The contract also includes services to support training, resource and equipment development activities and development and validation of naval tactics and new capability development. The MMUAS will play a critical role by extending the reach of the communication and sensor capability over contentious or hostile areas during maritime security operations.
MDA’s solution is based on the Puma™ AE (All Environment) unmanned aircraft built by Aerovironment. The Puma AE system will provide the Royal Canadian Navy (RCN) with enhanced Intelligence, Surveillance and Reconnaissance (ISR) capabilities. The Puma has the ability to carry additional payloads as required for specific missions. The MMUAS is the first UAS project that will see the RCN operate and maintain its own capability and provide a sustainable shipborne, near real-time, Beyond Visual Line Of Sight (BVLOS) ISR capability with an expected introduction to the fleet in the summer of 2018 onboard Kingston-class ships.
Capable of both ground and water landings, Puma AE's innovative fuselage offers an operational flexibility never before available to the RCN. The Puma AE is operated from the same control station as the Raven UAS which has been provided by MDA to the Canadian Army since 2013. MDA’s Canadian-based UAS services group has been providing UAS systems and services to Canada’s DND since 2009.
Mike Greenley, group president for MDA said, “We are very proud to once again, expand our unmanned aircraft systems and services to support Canada’s Department of National Defence needs. MDA’s comprehensive solutions provide the high-assurance, critical surveillance and intelligence capabilities in support of Canada’s front-line sailors and soldiers that allows decisions made with confidence. Our approach is to understand our customer’s missions, determine the appropriate UAS and provide turnkey support services ranging from training and in-service support through full, in-theatre operations.”
Canada’s Defence Policy Strong, Secure, Engaged outlines the Government’s over-arching intent to invest in an extensive range of new capabilities for the Canadian Armed Forces by acquiring a fleet of remotely piloted systems for the Royal Canadian Navy, the Canadian Army, and the Royal Canadian Air Force, which includes remotely piloted aerial systems.
MDA is an internationally recognized leader in space robotics, satellite antennas and subsystems, surveillance and intelligence systems, defence 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. 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 Maxar Technologies company (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 21 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 a government 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; 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.
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