🟢 MDA.TO Jumps 4.4% on Continued Positive Momentum Following Recent Major Acquisition and Contracts

MDA.TO is trading 4.4% up at $56.40, extending recent gains amidst positive sentiment from significant company developments. This follows the company's definitive agreement on June 19, 2026, to acquire Blue Canyon Technologies LLC for US$620 million. Further boosting investor confidence, MDA Space also secured a C$688 million contract with the Canadian Space Agency on June 24, 2026, and was selected for a next-generation satellite program by Mitsubishi Electric on June 25, 2026.