Brief: MDA Initiates Work On A New Digital Satellite Constellation

MDA Space

17/11/2023 13:57

Nov 17 (Reuters) - MDA Ltd  MDA.TO :
    * MDA INITIATES WORK ON A NEW DIGITAL SATELLITE
CONSTELLATION
    * MDA LTD - SIGNS $180 MILLION AUTHORIZATION TO PROCEED
CONTRACT
AS PRIME CONTRACTOR
    * MDA LTD - ATP CONTRACT WILL BE ADDED TO MDA'S BACKLOG IN
Q4 OF
FISCAL 2023
    * MDA LTD - DEFINITIVE CONTRACT FOR FULL CONSTELLATION IS
EXPECTED
IN 2024, SUBJECT TO CONTRACT FINALIZATION.
    * MDA LTD - RECEIVED AUTHORIZATION TO PROCEED CONTRACT FROM
UNDISCLOSED CUSTOMER TO START WORK ON A NEW NGSO SATELLITE
CONSTELLATION

Source text for Eikon:  ID:nCNWMQHrra 
Further company coverage:  MDA.TO 

 ((Reuters.Briefs@thomsonreuters.com;))