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MDA boosts second-quarter profit, revenue

The Heron, an Unmanned Aerial Vehicle, leased through Macdonald Dettwiler and Associates Ltd. (MDA), is prepared my maintainers of MDA prior to launch at Kandahar Airfield, Afghanistan, early February 11, 2009.

MCpl Robert Bottrill/CF Combat Camera/MCpl Robert Bottrill/CF Combat Camera

MacDonald, Dettwiler and Associates Ltd. says its second-quarter profit rose to $29.6-million, or 72 cents per share, as revenue increased 21 per cent over the comparable period last year.

Revenue improved to $194.9-million from $160.8-million in the second quarter of 2010.

A year earlier, the space robotics and information company had $25-million or 61 cents per share of profit including discontinued operations.

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Continuing operations generated $14.9-million of net income and discontinued operations contributed $10.1-million in the second quarter of 2010.

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