Harman Patil (Editor)

MacDonald, Dettwiler and Associates

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public

Headquarters
  
Richmond, Canada

Traded as
  
TSX: MDA

Founded
  
1969

MacDonald, Dettwiler and Associates httpssportsperspectivescomlogosmacdonalddet

Industry
  
Information technology services, Engineering services, Communications satellite

Key people
  
Howard L. Lance (President and CEO) Daniel E. Friedmann (Former President and CEO) Anil Wiresekara (EVP and CFO)

Revenue
  
$2.1 billion CAD (2015)

Net income
  
$142.8 million CAD (2015)

Stock price
  
MDA (TSE) CA$ 67.14 -0.35 (-0.52%)16 Mar, 4:00 PM GMT-4 - Disclaimer

CEO
  
Howard Lance (16 May 2016–)

Subsidiaries
  
SSL, MDA Space Missions

Founders
  
Werner (Vern) Dettwiler, John S. MacDonald

Profiles

LinkedIn
Twitter
YouTube

MacDonald, Dettwiler and Associates Ltd. is a Canadian multinational 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:

  • Airborne Surveillance Solutions
  • Satellite Ground Stations
  • Maritime Information Systems
  • Aviation Information Systems
  • Geospatial information services, including Satellite Data Distribution, Value-Added Information Services and Intelligence Information Services
  • Communications satellites
  • Communications satellite payloads
  • Communications satellite subsystems and related ground systems
  • Commercial satellite hosted payload services
  • Robotic surgery research via its NeuroArm development program
  • Space robotics, satellite information and payload systems
  • Radar and optical satellite imagery, and, remote sensing

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

    History

  • 2017 - acquired satellite imagery provider DigitalGlobe for US$2.4B.
  • 2014 - acquired Advanced Systems business line from General Dynamics.
  • 2012 - acquired Space Systems/Loral for US $875 million, making MDA one of the world's leading communication satellite companies.
  • 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.
  • 2008 – Canadian government officially blocked the sale of MDA to ATK on May 8, 2008
  • 2008 – MDA announced the sale of its Information Systems and Geospacial Services operations to Alliant Techsystems of Edina, Minnesota for $1.325 billion. However, amongst much media coverage, the sale was rejected by the federal government of Canada under the Investment Canada Act.
  • 2007 – acquired Alliance Spacesystems, Inc. (now "MDA US Systems, LLC", located in Pasadena, CA, USA)
  • 2006 – acquired Lyttle & Co. (Belfast, Northern Ireland), property and related search information
  • 2006 – acquired xit2 Ltd. (Nr Charlbury, Oxfordshire, UK), information exchange solutions for lenders and home surveyors and other outsourced service providers
  • 2006 – expanded 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
  • 2005 – acquired 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
  • 2004 – acquired Marshall & Swift / Boeckh for $337.8 million, with $104.9 million contingent on performance.
  • 2003 – acquired Millar & Bryce, a commercial provider of land information in Scotland, for $21.32 million, with $1.76 million contingent on performance.
  • 2002 – acquired Dynacs for $3.1 million, with an additional $6.8 million contingent on performance (now "MDA US Systems, LLC", located in Houston, TX, USA)
  • 2002 – acquired Automated Mining Systems of Aurora, Ontario for $225,000
  • 2000/01 – Orbital Sciences divested its MDA shares through an initial public offering; trades as TSX: MDA
  • 2000 – entered joint venture with LandAmerica Financial Group to create LandMDA, a provider of property reports to lenders
  • 1996 – acquired Iotek, a supplier of signal processing and sonar technology for military customers, for undisclosed sum
  • 1995 – MDA was acquired by Orbital Sciences for $67 million in stock
  • 1992 - Anil Wirasekara joins MacDonald, Dettwiler and Associates, ultimately assuming the role of Executive Vice President and Chief Financial Officer in 1996, leading the financial operations of the Company through all of the events noted above. <ref>"MDA Executive Management". Retrieved 2017-02-27. 
  • 1969 - John MacDonald and Vern Dettwiler founded MacDonald, Dettwiler and Associates.

    • References

    MacDonald, Dettwiler and Associates Wikipedia
    (Text) CC BY-SA