[SatNews] More information regarding a legal matter...

MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX:MDA) and Space Systems/Loral, LLC (“SSL”) announced that following the mediation on December 1, 2014 among MDA and Loral Space and Communications Inc. (“Loral”), MDA/SSL agreed that they will be responsible for US$55 million, and Loral will be responsible for US$45 million of the US$100 million settlement of the ViaSat Communications, Inc. litigation. MDA/SSL has already paid US$23.4 million, including interest, to-date of this settlement.

MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide, whose business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. MDA'a info sight is here.