MDA Space Ltd. is trading 4.8% up at $42.77 in pre-market after announcing a significant new defense contract.
- The company announced on June 12, 2026, that it has been selected by BAE Systems to design and build antennas and control electronics for the U.S. Space Systems Command's MEO EPOCH 2 Resilient Missile Warning & Tracking satellites.
- This contract win adds to the company's backlog and embeds MDA Space deeper into a major U.S. defense program, signaling strong future revenue potential.
- The positive momentum also follows the expiration of an insider lock-up period on June 10, 2026, which has likely eased recent selling pressure on the stock.