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MacDonald Dettwiler and Associates Ltd (MDA.TO)

MDA.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

MacDonald Dettwiler signs contract to provide communications subsystem for AMOS-17 satellite
Thursday, 7 Sep 2017 05:00pm EDT 

Sept 8 (Reuters) - MacDonald Dettwiler and Associates Ltd :MDA signs contract to provide communications subsystem for AMOS-17 satellite.MacDonald Dettwiler and Associates Ltd - signed contract with Boeing Satellite Systems to supply a communication antenna subsystem for AMOS-17 satellite.​.  Full Article

DigitalGlobe shareowners approve merger with MDA
Thursday, 27 Jul 2017 08:07pm EDT 

July 27 (Reuters) - Digitalglobe Inc :DigitalGlobe shareowners approve merger with MDA.Says approximately 93 percent of shares represented and voting at meeting voted in favor of merger.  Full Article

MacDonald Dettwiler and Associates Ltd reports Q2 earnings per share $0.69
Thursday, 27 Jul 2017 08:07pm EDT 

July 27 (Reuters) - MacDonald Dettwiler and Associates Ltd :MDA reports second quarter 2017 results, declares quarterly dividend.Q2 operating earnings per share C$1.29.Q2 revenue c$503.7 million versus I/B/E/S view C$478 million.Q2 earnings per share view C$1.25 -- Thomson Reuters I/B/E/S.Sets quarterly dividend of C$0.37per share.MacDonald Dettwiler and Associates Ltd - Total funded order backlog of $2.0 billion as at June 30, 2017, consistent with balance as at March 31, 2017.Qtrly earnings per share $0.69.  Full Article

MDA and DigitalGlobe provide update on merger
Wednesday, 12 Jul 2017 09:46pm EDT 

July 12 (Reuters) - MacDonald, Dettwiler And Associates Ltd ::MDA and DigitalGlobe provide update on merger.MDA & DigitalGlobe have withdrawn, re-filed their joint voluntary notice to committee on foreign investment in U.S..Upon acceptance of re-filing, CFIUS will initiate a new 30-day review period.Companies now expect to close merger during current calendar quarter or shortly thereafter.  Full Article

MDA reports first quarter 2017 results
Tuesday, 2 May 2017 05:00pm EDT 

May 3 (Reuters) - MDA ::MDA reports first quarter 2017 results.Q1 operating earnings per share c$1.23.Q1 revenue c$494.3 million versus i/b/e/s view c$511.4 million.Q1 earnings per share view c$1.37 -- Thomson Reuters I/B/E/S.Says had total funded order backlog of $2.0 billion as at march 31, 2017.Says qtrly earnings per share $0.15.  Full Article

MDA to provide communication antenna subsystems
Wednesday, 19 Apr 2017 05:00pm EDT 

April 19 (Reuters) - Macdonald Dettwiler And Associates Ltd ::Has signed a contract for approximately CA$5 million with airbus defence and space.Contract is to provide four communication antenna subsystems and control electronics.  Full Article

DigitalGlobe on termination of deal by co or parent under specified circumstances, co or parent to pay fee of $85 mln to other party
Friday, 24 Feb 2017 08:25am EST 

DigitalGlobe Inc : DigitalGlobe-If deal's terminated by co or parent under specified circumstances, co or parent to pay termination fee of $85 million to other party - sec filing .Digitalglobe-Deal provides parent will be required to pay co reverse termination fee of u.s. $150 million if deal is terminated under specified circumstances.  Full Article

MDA to acquire Digitalglobe
Friday, 24 Feb 2017 06:20am EST 

Macdonald Dettwiler And Associates Ltd : Transaction expected to be accretive to operating earnings per share in 2018 . MDA will acquire digitalglobe for us$35.00 per share . Says digitalglobe common share will be exchanged for us$17.50 in cash and 0.3132 mda common shares . MDA to acquire digitalglobe, creating industry leader in end-to-end space systems, earth imagery and geospatial solutions . Deal is a combination of cash and stock . Transaction values digitalglobe at an equity value of approximately c$3.1 billion . Deal anticipated to deliver c$75-150 million in run-rate synergies by 2019 . Transaction values digitalglobe at an enterprise value of c$4.7 billion . As part of transaction, MDA will apply to list its shares on NYSE in addition to TSX . Upon completion of transaction, combined company will continue to execute its "U.S. Access plan strategy" . Deal unanimously approved by boards of directors of both companies, and is expected to close in second half of 2017 . U.S. access plan strategy to include reorganization of all or part of combined Co's corporate, operating structure . Howard Lance, president and chief executive officer of MDA will lead combined company . U.S. access plan strategy to ensure that ultimate parent of digitalglobe is incorporated in U.S. By end of 2019.  Full Article

MacDonald Dettwiler in talks to buy DigitalGlobe in deal that could value it at $2 bln - $3 bln - CNBC, citing DJ
Friday, 17 Feb 2017 02:20pm EST 

: MacDonald Dettwiler in talks to buy DigitalGlobe in deal that could value it at $2 billion - $3 billion - CNBC, citing DJ Further company coverage: [DGI.N] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Macdonald Dettwiler and Associates signs extensions to long-term radarsat-2 information supply contracts
Thursday, 2 Feb 2017 05:00pm EST 

Macdonald Dettwiler And Associates Ltd : Macdonald Dettwiler and Associates Ltd- signs extensions to long-term radarsat-2 information supply contracts .Macdonald Dettwiler and Associates Ltd- contracts total approximately CA$8 million.  Full Article