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March 1st, 2012
MacDonald Dettwiler Q4 Profit Flat

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MacDonald Dettwiler and Associates posted a flat quarterly profit from ongoing operations on Tuesday as revenue dipped, but it boosted its dividend by 30 percent and growth at its satellite imaging unit impressed analysts. The company was hit by a loss of business after the Canadian military, to which it had supplied unmanned drone aircraft, withdrew from combat operations in Afghanistan last year. Read More