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MacDonald Dettwiler and Associates Ltd (MDA.TO)

MDA.TO on Toronto Stock Exchange

69.78CAD
29 Mar 2017
Change (% chg)

$0.43 (+0.62%)
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$69.35
Open
$69.50
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$69.82
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$69.39
Volume
134,362
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141,798
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$92.92
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$63.52

Latest Key Developments (Source: Significant Developments)

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

MDA announces board and senior executive appointments to enable US access plan implementation
Monday, 3 Oct 2016 09:23pm EDT 

: MDA announces board and senior executive appointments to enable US access plan implementation . Macdonald Dettwiler and Associates Ltd - Says William D. Mccombe has been appointed senior vice president, chief financial officer .Macdonald Dettwiler and Associates Ltd - Says remains on track to receive its required security clearances in Q4 2016.  Full Article

MDA announces board and senior executive appointments
Monday, 3 Oct 2016 06:42pm EDT 

Macdonald Dettwiler And Associates Ltd : William Mccombe appointed senior vice president, chief financial officer of SSL MDA Holdings . MDA announces board and senior executive appointments to enable us access plan implementation .Says remains on track to receive its required security clearances in Q4 2016.  Full Article

MacDonald Dettwiler and Associates - qtrly EPS $0.69
Thursday, 28 Jul 2016 05:01pm EDT 

MacDonald Dettwiler And Associates Ltd : MDA reports second quarter 2016 results, declares quarterly dividend . Q2 revenue C$503 million versus i/b/e/s view C$546.1 million . Qtrly consolidated revenues $502.5 million versus $523.7 million . Q2 earnings per share view c$1.55, revenue view C$546.1 million -- Thomson Reuters I/B/E/S .Qtrly earnings per share $0.69.  Full Article

Macdonald Dettwiler and Associates Ltd says EMSA expands use of Radarsat-2 information for maritime applications
Wednesday, 13 Jul 2016 05:00pm EDT 

Macdonald Dettwiler And Associates Ltd : Signed 4-year contract with ceiling of 31 million Euros to provide Radarsat-2 information to European Maritime Safety Agency .Says EMSA expands use of Radarsat-2 information for maritime applications.  Full Article

MacDonald, Dettwiler and Associates Ltd signs contracts for subsystems
Monday, 4 Apr 2016 05:00pm EDT 

MacDonald, Dettwiler and Associates Ltd:Says has signed two contracts with a combined value of 4.3 million euros with Thales Alenia Space for four subsystems to be installed on the Sentinel-6A, -6B, -3C, and -3D environmental monitoring satellites, part of Europe's Copernicus program.  Full Article

MacDonald, Dettwiler and Associates Ltd secures contract for two communications subsystems
Wednesday, 2 Dec 2015 05:00pm EST 

MacDonald, Dettwiler and Associates Ltd:Has signed a multi-million dollar contract with Lockheed Martin to develop two communication subsystems for modernized A2100 satellites.  Full Article

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Deals of the day-Mergers and acquisitions

Feb 24 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: