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Vancouver-based MDA To Provide Australian Forces Support For Its Drone Program

Darpan News Desk Darpan, 28 Oct, 2014 11:54 AM
    VANCOUVER - MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) has received a $40-million contract to provide the Australian air force with continued support for its drone program until December 2017.
     
    Vancouver-based MDA has been providing Australian forces with real-time intelligence, surveillance and reconnaissance information in Afghanistan.
     
    Under the deal Tuesday, the company will provide the Royal Australian Air Force with UAV operations and related services within Australia.
     
    MDA says Australia has the option to extend the contract for up to three years after the initial term ends, but didn't disclose the contract's maximum value.

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    Toronto-area businessman jailed in Cuba maintains he's innocent: family

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    Competition Bureau Calls For More Regulation To Cut Wireless Roaming Rates

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    Athlon Energy stock soars, Encana shares rise on news of US$7.1-billion deal

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