MDA Selected for Design Phase of Canadian Surface Combatant Program
Canada's Combat Ship Team celebrates Canadian industry success
RICHMOND, BC, Feb. 8, 2019 /PRNewswire/ - MDA, a Maxar Technologies company (NYSE: MAXR) (TSX: MAXR), today announced that Canada's Combat Ship Team was selected by Irving Shipbuilding for the design contract for Canada's Surface Combatant (CSC) ships. Irving Shipbuilding is the Canadian Surface Combatant Prime Contractor and will build all 15 ships at Halifax Shipyard. As a core member of the design team, MDA's primary role will be to design the Electronic Warfare suite system for the CSC program.
The CSC is a globally deployable, multi-role warship designed to meet the distinctive mission requirements of the Royal Canadian Navy. MDA is partnered with other industry leaders including BAE Systems, CAE, Lockheed Martin Canada, L3 Technologies, and Ultra Electronics as Canada's Combat Ship Team to provide the Royal Canadian Navy the most advanced and modern warship design. Purposely designed for anti-submarine warfare and capable of performing a variety of missions in any part of the world, the CSC is acoustically quiet, versatile, highly survivable, and reconfigurable for future modernization. The most recent Canadian Defence Policy stated that 15 of these ships will be built in Canada over the next 25 years and will serve the Royal Canadian Navy for decades to come.
"MDA is proud to play such a critical role in supplying systems and subsystems for the Canadian Surface Combatant program," said Mike Greenley, group president of MDA. "Our low-risk, lower life-cycle cost CSC solutions are based on proven technologies and will enable Canadian security and peacekeeping operations around the world by providing advanced intelligence and protection for our brave sailors. These Canadian-built solutions further unlock enormous economic benefits and return on investment to the nation, particularly in Quebec, Ontario, British Columbia and Nova Scotia, as we seek to export these technologies globally in the years ahead secure our position as a global technology leader."
This contract is for the CSC design phase within which MDA is responsible for the Electronic Warfare design. Over the life of the program, MDA expects to perform multiple roles on the Lockheed Martin Canada team for CSC. Work on four pivotal areas of the program would create more than 200 new, high-quality jobs in MDA's Quebec, Ontario, British Columbia, and Nova Scotia facilities. MDA's roles include:
- Lead the Electronic Warfare system integration by procuring best-value subsystems for each functional element and providing an advanced Electronic Warfare solution for installation onto each CSC ship, leveraging MDA's deep Canadian expertise in project management, system engineering, electronics, antennas, signal processing and software.
- Build an advanced radar system critical to the integrated CSC weapons system, which is well positioned to be exported to the global naval market.
- Partner with L3 WESCAM to build a Laser Warning and Countermeasures System that is part of the overall Electronic Warfare system suite and will defend against emerging laser-guided threats that are particularly dangerous for the CSC and its crew in littoral environments.
- Partner with Lockheed Martin Canada to develop an advanced Electronic Warfare jamming subsystem, based on proven components and electronics similar to those used by MDA for both its space and terrestrial communications and radar programs.
About MDA
MDA is an internationally recognized leader in space robotics, space sensors, satellite payloads, antennas and subsystems, surveillance and intelligence systems, defence and maritime systems, and geospatial radar imagery. MDA's extensive space expertise and heritage translates into mission-critical defence and commercial applications that include multi-platform command, control and surveillance systems, aeronautical information systems, land administration systems and terrestrial robotics. MDA is also a leading supplier of actionable mission-critical information and insights derived from multiple data sources. Founded in 1969, MDA is recognized as one of Canada's most successful technology ventures with locations in Richmond, Ottawa, Brampton, Montreal, Halifax and the United Kingdom. MDA has supported the Royal Canadian Navy for over two decades. For more information, visit www.mdacorporation.com.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar Technologies is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. With more than 6,100 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.
Forward-Looking Statements
Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this presentation.
Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this presentation. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's EDGAR profile at www.sec.gov, under the Company's SEDAR profile at www.sedar.com or on the Company's website at www.maxar.com.
The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this presentation as a result of new information or future events, except as may be required under applicable securities legislation.
Contact
Wendy Keyzer | MDA Media Contact | 1-604-231-2743 | [email protected]
Jason Gursky | Maxar Investor Relations | 1-303-684-2207 | [email protected]
SOURCE Maxar Technologies Ltd.
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