Q: Hi All, what would your analysis suggest as to the drop in MDA today, (at time of question, down 12%)? Space X news? Other? Any tempering to your outlook?
Thanks,
Don
Thanks,
Don
5i Research Answer:
Just out now: MDA said its Canadaarm 3 program is a contract with the Canada Space Agency and not with the US government of NASA. NASA said earlier today that some programs were being paused. The update will help stem the decline which was quite sharp on new news from the company prior to just now.