The deal is for a communications payload system for the AMOS-6 satellite to be launched in 2015.
Israel Aerospace Industries, an aerospace and defence contractor, designs, manufactures and operates the AMOS communications satellites series.
Also Monday, MDA announced a multi-million dollar contract with DigitalGlobe, Inc. for a system that will allow two of the U.S. air force's mobile ground systems to receive and process imagery from WorldView-1 and WorldView-2 satellites.
The deal builds on an agreement in October to bring the number of U.S. air force systems with the capability to four.
MDA, best-known as the maker of the robotic arms used on the International Space Station and the now-retired U.S. space shuttles, supplies technology to a variety of businesses that use satellites to collection information from space.