12:01 PM EST - Magellan Aerospace Corporation : announced today the award of a $110-million contract from MacDonald, Dettwiler and Associates Ltd. (MDA) of Richmond, BC for the RADARSAT Constellation Mission (RCM) satellite bus manufacture. The RCM is comprised of three low earth orbit spacecraft, each carrying a C-band Synthetic Aperture Radar payload. Magellan Aerospace Corporation
shares T.MAL are trading up $0.165 at $5.47.