Dominion Lending Centres Clearlease Reports MDA (TSX:MDA) signs $35.9M RADARSAT contract extension with Canadian Space Agency
VANCOUVER, BC (May 20, 2011) Clearlease Reports MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) announced Thursday May 19, 2011, that it has signed a $35.9-million contract extension with the Canadian Space Agency for further design work on the agency’s RADARSAT Constellation Mission.
British Columbia-based MDA has been working on the contract under an authorization to proceed since March 2010 and said the latest addition brings the overall value of the design phase to $123 million.
The work involves developing the detailed design of the RCM and all of its subsystems and is the precursor to the build phase.
First announced in 2008, the RCM was described as an evolution of the RADARSAT program to ensure the continued use by government scientific and commercial clients of data produced by Canada’s advanced C-band radar satellites.
As part of the mission, the three-satellite configuration will provide complete daily coverage of Canada’s land and oceans as well as significant coverage of international areas for Canadian and international users.
Like RADARSAT-1 and RADARSAT-2, the Constellation is being designed to function day and night in all weather conditions.
MDA is a high technology company involved in many space-based innovations, including the Canadarm used on the space shuttle and the International Space Station.
Its stock was down 35 cent at $56.45 Thursday on the Toronto Stock Exchange.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC (May 20, 2011) Clearlease Reports MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) announced Thursday May 19, 2011, that it has signed a $35.9-million contract extension with the Canadian Space Agency for further design work on the agency’s RADARSAT Constellation Mission.
British Columbia-based MDA has been working on the contract under an authorization to proceed since March 2010 and said the latest addition brings the overall value of the design phase to $123 million.
The work involves developing the detailed design of the RCM and all of its subsystems and is the precursor to the build phase.
First announced in 2008, the RCM was described as an evolution of the RADARSAT program to ensure the continued use by government scientific and commercial clients of data produced by Canada’s advanced C-band radar satellites.
As part of the mission, the three-satellite configuration will provide complete daily coverage of Canada’s land and oceans as well as significant coverage of international areas for Canadian and international users.
Like RADARSAT-1 and RADARSAT-2, the Constellation is being designed to function day and night in all weather conditions.
MDA is a high technology company involved in many space-based innovations, including the Canadarm used on the space shuttle and the International Space Station.
Its stock was down 35 cent at $56.45 Thursday on the Toronto Stock Exchange.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports MDA (TSX:MDA) signs $35.9M RADARSAT contract extension with Canadian Space Agency
VANCOUVER, BC (May 20, 2011) Clearlease Reports MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) announced Thursday May 19, 2011, that it has signed a $35.9-million contract extension with the Canadian Space Agency for further design work on the agency’s RADARSAT Constellation Mission.
British Columbia-based MDA has been working on the contract under an authorization to proceed since March 2010 and said the latest addition brings the overall value of the design phase to $123 million.
The work involves developing the detailed design of the RCM and all of its subsystems and is the precursor to the build phase.
First announced in 2008, the RCM was described as an evolution of the RADARSAT program to ensure the continued use by government scientific and commercial clients of data produced by Canada’s advanced C-band radar satellites.
As part of the mission, the three-satellite configuration will provide complete daily coverage of Canada’s land and oceans as well as significant coverage of international areas for Canadian and international users.
Like RADARSAT-1 and RADARSAT-2, the Constellation is being designed to function day and night in all weather conditions.
MDA is a high technology company involved in many space-based innovations, including the Canadarm used on the space shuttle and the International Space Station.
Its stock was down 35 cent at $56.45 Thursday on the Toronto Stock Exchange.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk