TSX:MDAAerospace & Defense
MDA Space (TSX:MDA) Is Down 18.8% After Securing US$688 Million RADARSAT Replenishment Contract – Has The Bull Case Changed?
In early July 2026, the Government of Canada awarded MDA Space a US$688 million contract to build, test, and launch a RADARSAT Constellation Mission replenishment satellite, drawing on the company’s CHORUS synthetic aperture radar platform and Canadian industrial supply chain.
This long-term Earth observation project reinforces MDA Space’s role in providing sovereign satellite data for Arctic monitoring, security, and environmental services across multiple federal departments and...