RICHMOND, BC, Jan. 14, 2013 /CNW/ – MacDonald, Dettwiler and Associates
Ltd. (“MDA” or the “Company”) (TSX: MDA), a provider of essential information solutions, announced that it has
filed its Business Acquisition Report (“BAR”) with respect to the
acquisition of Space Systems/Loral (“SSL”). The transaction closed on
November 2, 2012.

The BAR includes unaudited pro forma consolidated statements of earnings
for the year ended December 31, 2011 and nine month period ended
September 30, 2012 and an unaudited pro forma consolidated balance
sheet as at September 30, 2012. The BAR also includes the unaudited
consolidated financial statements of SSL as at September 30, 2012 and
for the nine month periods ended September 30, 2012 and 2011, the
audited consolidated financial statements of SSL as at and for the year
ended December 31, 2011, and the unaudited consolidated financial
statements of SSL as at December 31, 2010 and for the year ended
December 31, 2010, prepared in accordance with U.S. GAAP.

The complete report has been filed under MDA’s SEDAR profile at www.sedar.com

About MDA

MDA is a global communications and information company providing
operational solutions to commercial and government organizations
worldwide.

MDA’s business is focused on markets and customers with strong repeat
business potential. In addition, the Company conducts a significant
amount of advanced technology development.

MDA’s well-established global customer base is served by more than 5,000
employees operating from 18 offices located in the United States,
Canada, and internationally.

The Company’s common shares trade under the symbol TSX:MDA.

Related Websites:
www.mdacorporation.com

Forward-Looking Statements

Readers of this news release are advised that the above referenced
business acquisition report contains “forward-looking statements”,
within the definition contained in the applicable Canadian securities
legislation, concerning the business, operations and financial
performance and condition of MacDonald, Dettwiler and Associates Ltd.
and its subsidiaries (collectively “MDA” or the “Company”). Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as “plans”, “expects” or “does not
expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or state that
certain actions, events or results “may”, “could”, “would”, “might” or
“will be taken”, “occur” or “be achieved”. Forward-looking statements
are subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements, including but
not limited to: risks related to the integration of acquisitions; risks
related to international operations; changes in government priorities,
funding levels, contracts and regulations; changes in economic and
political conditions; risks associated with operating satellites and
providing satellite services, including satellite construction or
launch delays, launch failures, in-orbit failures or impaired satellite
performance; risks associated with satellite manufacturing, including
competition, cyclicality of MDA’s end-user markets, contractual risks,
creditworthiness of customers, performance of suppliers and management
of MDA’s factory and personnel; risk associated with financial factors
such as volatility in exchange rates, increases in interest rates,
restrictions on access to capital, and swings in global financial
markets; risks associated with domestic and foreign government
regulation, including export controls and economic sanctions;
litigation, as well as those factors discussed in the section entitled
“Risk Factors” in the Company’s most recent Annual Information Form and the section
entitled “Forward-Looking Statements” in the Company’s most recent Management’s Discussion and Analysis,
both as available online under the Company’s profile at www.sedar.com or on the Company’s website at www.mdacorporation.com. Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be
no assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements. The Company does not
undertake to update any forward-looking statements that are
incorporated by reference herein, except in accordance with applicable
securities laws.

The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.

SOURCE MacDonald, Dettwiler and Associates Ltd.