MDA signs a $16-million submarine training deal with Royal Canadian Navy

RICHMOND, B.C. – MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) has signed a deal with the Royal Canadian Navy to provide support for its submarine training simulators in Halifax.

The four-year deal, which includes options for an additional two years, is valued at more than $16 million.

The simulators are used to train personnel on operating and maintaining Victoria-class submarines.

The company said it has been providing training and maintenance support for the submarine simulators since 2009.

MDA provides space technology as well as satellite data and surveillance information and systems to commercial and government organizations around the world.