:

Business/Financial

MDA Space Raises 2024 Guidance After Strong First Half

By Rachel Jewett

Friday, August 9th, 2024

SHARE:

MDA Space Raises 2024 Guidance After Strong First Half

MDA Space CEO Mike Greenley. Photo: MDA Space

MDA Space saw a double-digit revenue increase in the second quarter of 2024 with growth in the company’s robotics and satellite businesses. The company reported its financials on Thursday, raising revenue guidance for the year. MDA Space on Thursday reported revenue of $176 million in the second quarter, up 23% year-over-year. The company reported higher work volume across all three business areas, with strong contributions from the Robotics & Space Operations and Satellite Systems businesses. Robotics & Space Operations led growth…

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]