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MDA appoints Michael Rack President, MDA Commercial to Lead Space Systems Product Growth in the New Space Economy
Tuesday, August 7, 2018Company Profile | Careers | Follow Company
Maxar Technologies' MDA appoints Michael Rack President, MDA Commercial to Lead Space Systems Product Growth in the New Space Economy
Finalizes MDA's Leadership Organization with Experienced Team to Drive Growth
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Richmond, BC, August 7, 2018--(T-Net)--MDA, a Maxar Technologies company (formerly MacDonald, Dettwiler and Associates Ltd.), (NYSE: MAXR; TSX: MAXR), today announced the appointment of Michael Rack to serve as President of the newly-created MDA Commercial division beginning September 24, 2018.
The addition of Rack, along with the recently announced appointment of Chris Pogue as President of MDA Government, rounds out the MDA senior leadership organization announced in June 2018.
Rack will lead MDA Commercial and have responsibility for global growth and operations of all the commercial product lines including space robotics, space sensors (the recently acquired Neptec), antennas and electronics, payloads, and non-space products. Rack will report to Mike Greenley, the Group President of MDA.
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Forward-Looking Statements
This release contains forward-looking statements and information, which reflect the current view of Maxar Technologies Ltd. (the "Company") with respect to future events and financial performance. The forward-looking statements in this regard include statements regarding the award of a contract with a government agency. Any such forward-looking statements are based on the Company's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends.
The factors and assumptions underlying the forward-looking statements in this release include contracts with any government agency not being terminated. Any such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from current expectations. The Company cautions readers that should certain risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected.
The risks that could cause actual results to differ from current expectations include, but are not necessarily limited to: changes in government or intergovernmental priorities, mandates, funding levels, contracts and regulations; system failure; failure of third parties and subcontractors; and failure to anticipate changes in technology, technical standards and offerings or compliance with the requisite standards, or failure to maintain technological advances and offer new products to retain customers and market position.
For additional information with respect to certain of these risks or factors, plus additional risks or factors, reference should be made to the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, under the Company's EDGAR profile at www.sec.gov, or on the Company's website at www.maxar.com.
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