TSX:MDAAerospace & Defense
MDA Space (TSX:MDA) Is Up 12.3% After Strong Q1, Reaffirmed 2026 Guidance And Backlog Growth
MDA Space Ltd. recently reported first-quarter 2026 results showing CAD$464.1 million in revenue, reaffirmed its 2026 guidance, and highlighted a CAD$3.7 billion backlog alongside a new high-volume satellite manufacturing facility and defense-focused space control platform.
The company also secured early contracts and global interest for its upcoming MDA CHORUS Earth observation constellation, underlining a shift toward higher-margin, recurring data and defense services layered on top of its...