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MacDonald Dettwiler Post Higher Earnings, Revenues
Canadian space company MacDonald Dettwiler and Associates Ltd. earned Cdn. $68.1 million ($59.8 million) in 2005 on revenues of Cdn. $832.9 million ($730.8 million), the company announced Feb. 28. In 2004, MacDonald Dettwiler posted a profit of Cdn. $52.5 million ($46.1 million) on revenues of Cdn. $751.4 million ($659.3 million).
Revenues for Information Systems, which includes the company’s space operations, improved from Cdn. $316 million ($277.1 million) in 2004 to Cdn. $350 million ($307.1 million) in 2005
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