MDA Space Secures Contract with BAE Systems for Defense Satellites
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2026
0mins
Source: PRnewswire
MDA Space Ltd's stock fell 6.31% as it crossed below the 20-day SMA amid a broader market decline, with the Nasdaq-100 down 0.15% and the S&P 500 down 0.63%.
The company has secured a contract with BAE Systems to design and build antennas and control electronics for medium Earth orbit national security satellites, with completion expected in 2027. This project is crucial for the U.S. missile defense architecture, focusing on advanced ballistic and hypersonic weapons tracking, which enhances MDA Space's competitive edge in the high-tech defense sector.
This contract not only solidifies MDA Space's position in the defense industry but also aligns with the increasing global demand for national security solutions, potentially boosting the company's revenue and market share in the future.
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About MDA
MDA Space Ltd. is a space mission partner that operates in the global space industry. The Company’s expertise spans communications satellites, earth and space observation, and space exploration and infrastructure. It has three business areas: Satellite Systems, Robotics & Space Operations, and Geointelligence. In Satellite Systems, it partners on space communication missions across low earth orbit (LEO), medium earth orbit (MEO), and geosynchronous equatorial orbit (GEO), in addition to providing communication systems for human-rated spacecraft. In its Robotics & Space Operations business, it partners with customers in critical space infrastructure missions. As a Geointelligence mission partner, the Company is an owner, operator, and prime contractor for both earth orbit (EO) and space observation missions, in addition to providing key technologies and products. Its EO business includes the collection, processing and dissemination of earth imagery data from space.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Service Scope: This contract encompasses operations support, help desk services, and software sustainment, aimed at enhancing the U.S. Air Force's operational capabilities and efficiency in global military operations.
- Technical Advantages: The GPD platform, developed over more than two decades, is utilized by various defense organizations and major air navigation service providers globally, automating complex calculations and continuously validating procedures to reduce development timelines and enhance design consistency, thereby ensuring aviation safety.
- Strategic Implications: This renewal extends a partnership with the U.S. Department of War that spans over 25 years, providing a long-term framework to maintain and enhance GPD, ensuring compliance with evolving international regulations and foundational data requirements, further solidifying 49North's market position in the defense sector.
See More
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- Scope of Services: The agreement covers operations support, help desk services, and software sustainment for the Global Procedure Designer platform, indicating 49North's expertise in technical support and customer service.
- Long-term Partnership: This contract renewal extends a relationship with the U.S. Air Force that spans over 25 years, reflecting the company's deep roots and ongoing strategic value in the defense industry.
See More
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- Industry Standards Support: GPD supports industry standards such as ICAO PANS-OPS, FAA TERPS, and NATO MIPS, enabling efficient procedure design across all phases of flight, thereby enhancing aviation safety levels.
- Automation and Efficiency: The new version automates complex calculations and continuously validates procedures, significantly reducing development timelines, enhancing design consistency, and minimizing the potential for human error, thus improving overall workflow efficiency.
- Global Application: GPD has been widely used by various defense organizations and major air navigation service providers globally, having designed tens of thousands of conventional and RNAV procedures, demonstrating its critical importance and reliability in mission-critical operations.
See More
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- Contract Renewal: The U.S. Air Force has renewed its contract with 49North for the Global Procedure Designer (GPD) through a new Indefinite Delivery/Indefinite Quantity (IDIQ) agreement, with a ceiling value of up to $43 million and an initial funding obligation of approximately $4.7 million, ensuring long-term reliance on the platform.
- Scope of Services: This contract includes operations support, help desk services, and software sustainment for GPD, aimed at supporting the ongoing deployment and sustainment of military operations globally, enhancing aviation safety standards for the U.S. and its allies.
- Technical Advantages: GPD has been utilized for over two decades to design tens of thousands of conventional and RNAV procedures, significantly reducing development timelines and enhancing design consistency while minimizing the risk of human error through automated complex calculations and continuous validation.
- Strategic Importance: This renewal extends a partnership with the U.S. Department of War that spans over 25 years, ensuring ongoing compliance and performance of GPD while supporting evolving international regulations and foundational data requirements, thereby strengthening 49North's market position in the defense sector.
See More
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- Industry Standards Support: GPD adheres to industry standards such as ICAO PANS-OPS and FAA TERPS, having designed tens of thousands of conventional and RNAV procedures globally, ensuring reliability and accuracy for defense and aviation clients in mission-critical operations.
- Automation and Consistency: The new system automates complex calculations and continuously validates procedures, reducing development timelines and enhancing design consistency, which minimizes the potential for human error and optimizes workflow.
- Ongoing Compliance: This update ensures GPD remains compliant with evolving international regulations while maintaining the performance and reliability established through years of operational use, thereby strengthening customer trust and reliance on the tool.
See More
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- Technological Innovation: This project is a key component of the U.S. multi-orbit missile defense architecture, focusing on the warning and tracking of advanced ballistic and hypersonic weapons, showcasing MDA Space's competitiveness in high-tech fields.
- Market Demand: As governments worldwide increase national security spending, MDA Space's robust product portfolio and high-volume production infrastructure enable it to meet the growing market demand, enhancing the company's revenue potential in the future.
- Historical Continuity: This contract continues MDA Space's work on the low Earth orbit Proliferated Warfighter Space Architecture project, indicating its reliability and expertise in defense satellite solutions.
See More
