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Stocks in play: MDA Space Ltd.

Baystreet.ca - Baystreet - Wed Jun 24, 8:53AM CDT

Has been awarded a contract by the Canadian Space Agency (CSA) to supply an advanced, synthetic aperture radar (SAR) satellite that will operate with the RADARSAT Constellation Mission (RCM) satellites. In addition to the space segment, the contract provides for launch and the enhancement of the satellite ground control, security and data management systems. This follows an initial $44.7M contract to procure and deliver long lead parts awarded in December of last year. MDA Space Ltd. shares T.MDA are trading up $0.39 at $55.44.

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