RICHMOND, BC, July 14, 2014 /CNW/ – MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA), a global communications and information company, today announced that
MDA Information Systems LLC has signed a definitive agreement to
acquire a business that includes radar and other information sensors
used for national security purposes. This business will significantly
strengthen MDA’s ability to pursue future surveillance and intelligence
programs in the U.S.

“One of our long-term strategic objectives is to expand our presence in
the U.S. surveillance market, and in particular, to increase our radar
information and systems related business, said Daniel Friedmann, MDA’s
CEO. “We believe that the unique radar information processing
capability we are adding through this acquisition, together with SSL’s
large space program capability, provide us with a strong platform to
pursue this objective.”

The acquired business has approximately 170 employees and generates
annual revenues of approximately US$40 million. This business will
become part of MDA Information Systems LLC, located in Gaithersburg, MD.

The terms and value of the agreement have not been disclosed. The
transaction is subject to certain closing conditions customary for this
type of transaction, as well as approval by the Committee on Foreign
Investment in the United States (CFIUS). MDA expects the transaction to
be completed in 2014.

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, primarily in the Communications sector and the
Surveillance and Intelligence sector. In addition, the Company conducts
a significant amount of advanced technology development.

MDA’s established global customer base is served by more than 4,800
employees operating from 11 locations in the United States, Canada, and
internationally.

The Company’s common shares trade on the Toronto Stock Exchange under
the symbol “MDA.”

Related Websites

www.mdacorporation.com

Caution Regarding Forward Looking Information and Other Matters

This press release contains certain forward-looking statements and
information which reflect the current view of MacDonald, Dettwiler and
Associates Ltd. (the “Company” or “MDA”) with respect to future events
and financial performance. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as “may”,
“will”, “would”, “could”, “should”, “expect”, “intend”, “estimate”,
“anticipate”, “plan”, “foresee”, “believe” or “continue”, or the
negatives of such terms or variations of them or similar terminology.
The forward-looking statements in this press release are based on MDA’s
current expectations, estimates, projections and assumptions made in
light of its experience and perception of historical trends.
Forward-looking statements are subject to risks and uncertainties, many
of which are beyond MDA’s control and the effects of which can be
difficult to predict. MDA’s actual results of operations could differ
materially from historical results or current expectations.

With regard to MDA’s proposed acquisition, there can be no assurance
that MDA will realize the anticipated benefits or results due to a
variety of factors, including: inability to complete the acquisition in
the timeframe anticipated or at all; inability to obtain governmental
approvals of the transaction or satisfy other conditions to the
transaction on the proposed terms and timeframe; the terms of the
proposed transaction may need to be modified to obtain governmental
approvals of the transaction or satisfy other conditions to the
transaction; the ability to promptly and effectively integrate the
businesses of MDA and that of the acquired business; higher than
anticipated integration costs; diversion of management time on
acquisition-related issues; and failure to obtain the novation of
certain government contracts.

You are referred to the risk factors described in MDA’s most recent
annual Management’s Discussion and Analysis, Annual Information Form
and other documents on file with the Canadian securities regulatory
authorities, available on SEDAR, www.sedar.com or www.mdacorporation.com. All such factors should be considered carefully, as well as other
uncertainties and potential events, and the inherent uncertainty of
forward-looking statements, when making decisions with respect to MDA.
The forward-looking statements and information contained in this press
release represent MDA’s views only as of today’s date. All such
statements are made pursuant to the “safe harbour” provisions of
applicable securities laws. MDA disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise, other than as required
by law, rule or regulation. You should not place undue reliance on
forward-looking statements. The Toronto Stock Exchange has neither
approved nor disapproved the form or content of this release.

SOURCE MacDonald, Dettwiler and Associates Ltd.