Macdonald Dettwiler and Associates Ltd
MacDonald Dettwiler and Associates Ltd (MDA) is engaged in providing information solutions, which include capturing and processing of data, developing the required information and thereby improving the operational efficiency of the business organizations. The company is also involved in providing space based and ground based information solutions worldwide. The information solutions lifecycle include collection of data, processing and managing of data, extraction of information, distribution of information and final decision making. The business of the company is operated through two reportable business divisions, namely, information systems division and information products division. The company introduced a new product for financial services named ARTAdvisor as part of MDA lending solutions. The company is headquartered at British Columbia, Canada.
In June 2009, the company signed a contract with The Boeing Company to improve the existing communications system component which can be used on the International Space Station (ISS) as a spare.The company reported revenues of (Canadian Dollars) CAD 1,168.49 million during the fiscal year ended December 2008, a decrease of 2.97% from 2007. The operating profit of the company was CAD 63.66 million during the fiscal year 2008, a decrease of 50.87% from 2007. The net profit of the company was CAD 48.49 million during the fiscal year 2008, a decrease of 48.94% from 2007.