Sign In
Search
Business/Financial

MDA Space Raises 2024 Guidance After Strong First Half

Rachel Jewett By
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…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Amazon Pushes Further into Space With New AWS Business Segment

Business/Financial

Boeing to Move Headquarters From Chicago to Northern Virginia

Business/Financial

Norway’s Kongsberg to Acquire Smallsat Manufacturer NanoAvionics

Business/Financial

SES Explains the Strategy Behind its Long-Anticipated Acquisition of Intelsat

Trending

Missing Radiation Source Found in New Jersey; State, Federal Agencies Say They Did Not Use Drones To Look For It
18 Rocket Lab Satellites for SDA to Carry Standard Tactical SATCOM Radios, As Agency Awaits Funding for Advanced Tactical Data Links
U.S. Space Force Launches Seventh X-37B Mission
10,000 “Operationally Relevant” Commercial EO Images Provided to NGA Per Week
USAF Looking for “Revolutionary” Concepts for Next Generation Refueler-Airlift Teaming

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume