Howard L. Lance has been named as the new president and CEO of Richmond`s high-tech firm MacDonald, Dettwiler and Associates Ltd. (MDA). Lance succeeds Daniel Friedmann, who served as CEO since 1995. Friedmann will continue to serve as member of the board of directors. Lance’s appointment is effective on May 16 and according to the firm’s announcement represents a broader strategy to position itself to enable it to bid and execute a much broader range of U.S. government and commercial contracts.
“I am thrilled to be joining MDA at such an important time in the company’s history,” said Lance in a press release. “During the past decade, MDA has transitioned into a leading provider of highly dependable satellite communication and information solutions to commercial and government customers worldwide. With its strong financial position and robust pipeline of opportunities, particularly in the U.S., the company is ideally positioned for further growth. I look forward to working with the company’s management team and employees to build on the success it has achieved.”
