TSX:MDAAerospace & Defense
Why MDA Space (TSX:MDA) Is Up 13.1% After Confirmed Canadarm3 Stability Amid NASA Gateway Pause
MDA Space recently presented at the CG Defence Technology Conference in Toronto, while Jefferies and JPMorgan initiated research coverage highlighting its satellite, geointelligence, and in-space robotics businesses, underpinned by an approximately C$4.00 billion backlog and a C$40.00 billion pipeline.
A key takeaway for investors is the confirmation that MDA Space’s multi-year Canadarm3 robotics contract remains intact despite NASA’s Gateway pause, reinforcing visibility on one of its...