BUSINESS
03/31/2014 06:20 EDT | Updated 05/31/2014 05:59 EDT

Canadian Navy, MacDonald, Dettwiler and Associates Ltd. Sign $16-Million Deal

ASSOCIATED PRESS
Canadian submarine HMCS Chicoutimi is photogrpahed on the surface off the northwest coast of Ireland, Wednesday Oct. 6, 2004, by a British Royal Air Force Nimrod providing emergency cover following an onboard fire on Tuesday. A British frigate pulled alongside the stricken Canadian submarine off Ireland early Wednesday and dropped medical staff to help treat crewmen injured in a fire that Canadian navy officials said was more severe than originally thought. (AP Photo/MOD)
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.

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