MacDonald, Dettwiler and Associates

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MDA
Public
Traded as TSX: MDA
Industry Information technology services, Engineering services, Communications satellite
Founded 1969
Headquarters Richmond, British Columbia, Canada
Key people
 Daniel E. Friedmann (President and CEO) Anil Wiresekara (EVP and CFO)
Revenue Increase$1.8 billion CAD (2013)[1]
Increase$105.0 million CAD (2013)[1]
Number of employees
 4,800+ (2014)[1]
Subsidiaries Space Systems/Loral, MDA Information Systems, MDA US Systems
Website www.mdacorporation.com

MacDonald, Dettwiler and Associates Ltd. is a Richmond, British Columbia global communications and information company. MDA has locations throughout Canada, and the United States operating under the MDA brand name.

MDA's most visible products include the Canadarm used on the NASA Space Shuttle, as well as the Canadarm2 and Dextre remote manipulator systems on the International Space Station.

MDA provides operational solutions to commercial and government organizations worldwide, including:

MDA is a member of the British Columbia Technology Industry Association.

History

  • 2012 - acquired Space Systems/Loral for US $875 million, making MDA one of the world's leading communication satellite companies.[3]
  • 2011 – announced funding partner and inaugural launch customer (Intelsat) for the MDA Space Infrastructure Servicing vehicle, a refueling depot and service spacecraft for communication satellites in geosynchronous orbit—slated to be the first in-space propellant depot in spaceflight history. Launch planned for 2015.[4]
  • 2008 – In June MDA wins the British Columbia Technology Industry Association Impact Award[5] for Best Application of Technology for their RADARSAT-2 Synthetic Aperture Radar (SAR) satellite.
  • 2008 – Canadian government officially blocks sale of MDA to ATK on May 8, 2008[6]
  • 2008 – MDA announces sale of its Information Systems and Geospacial Services operations to Alliant Techsystems of Edina, Minnesota for $1.325 billion.[7] However, amongst much media coverage, the sale was rejected by the federal government of Canada under the Investment Canada Act.[8]
  • 2007 – acquires Alliance Spacesystems, Inc.[9] (now "MDA US Systems, LLC", located in Pasadena, CA, USA)
  • 2007 – named one of Canada's Top 100 Employers, as published in Maclean's magazine.[10]
  • 2006 – acquires Lyttle & Co. (Belfast, Northern Ireland), property and related search information[11]
  • 2006 – acquires xit2 Ltd. (Nr Charlbury, Oxfordshire, UK), information exchange solutions for lenders and home surveyors and other outsourced service providers[12]
  • 2006 – expands into financial services with acquisition of Mindbox, a supplier of advanced decision systems for mortgage lending, for $12.6 million USD, with up to $10.75 million contingent on performance[13]
  • 2005 – acquires business of EMS Technologies Canada (previously RCA Canada, which then became the Montreal division of SPAR Aerospace), a major supplier and subcontractor, for $8.9 million[13]
  • 2004 – acquires Marshall & Swift / Boeckh for $337.8 million, with $104.9 million contingent on performance.[13]
  • 2003 – acquires Millar & Bryce, a commercial provider of land information in Scotland, for $21.32 million, with $1.76 million contingent on performance.[14]
  • 2002 – acquires Dynacs for $3.1 million, with an additional $6.8 million contingent on performance[13] (now "MDA US Systems, LLC", located in Houston, TX, USA)
  • 2002 – acquires Automated Mining Systems of Aurora, Ontario for $225,000[15]
  • 2000/01 – Orbital Sciences divests its MDA shares through an initial public offering; trades as TSX: MDA[citation needed]
  • 2000 – enters joint venture with LandAmerica Financial Group to create LandMDA, a provider of property reports to lenders[16]
  • 1996 – acquires Iotek, a supplier of signal processing and sonar technology for military customers, for undisclosed sum[17]
  • 1995 – MDA acquired by Orbital Sciences for $67 million in stock[18]

See also

References

  1. ↑ 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ MacDonald, Dettwiler and Associates CEO Announces Transformational US Acquisition Conference (Transcript). Retrieved on 06-27-12.
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ 2008 TIA Award Winners. BCTIA. Retrieved on 07-11-08.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ 13.0 13.1 13.2 13.3 Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  16. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  17. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  18. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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