MDA Space Reports Third Quarter 2026 Financial Results

MDA Space reported third-quarter 2026 revenue of $498.1 million, up 21.5% year over year, and adjusted EBITDA of $96.0 million, an increase of 15.9%. Its backlog stood at $3.949 billion, providing revenue visibility for 2027 and beyond. The company raised its 2026 revenue guidance to $1.90 billion–$1.95 billion, citing higher work volumes in its Satellite Systems and Geointelligence segments.