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BUSINESS Breaking News

MDA lands US$21M Boeing contract for International Space Station equipment

VANCOUVER - MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) said Tuesday its Montreal operation has won a US$21-million contract from the Boeing Co. to supply communication technology for the International Space Station.

MDA said it will provide two spare sets of communication subsystems providing voice and data links between the station and the ground.

"This solution follows MDA's other mission-critical solutions currently supporting the ISS, which includes most recently the Special Purpose Dexterous Manipulator (Dextre)," the company noted.

MDA stock gained $1.32 or three per cent to $40.56 on the TSX Tuesday morning - still down from $53 a year ago and from $47 in April before the federal government served notice it would squelch the proposed $1.3-billion sale of MDA's space technology division to U.S. munitions maker Alliant Techsystems Inc.

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