MDA posts revenue of $121.09m in the second quarter of 2022
The 22% increase was attributed to higher revenues in the Robotics and Space Operations and Satellite Systems divisions.

The 22% increase was attributed to higher revenues in the Robotics and Space Operations and Satellite Systems divisions.
The collaboration will deliver IAI-ELTA’s Compact Multi Mission Radar (C-MMR) system.
The performance was attributed to organic growth and acquisitions completed during the year.
The acquisition is expected to double the size of QinetiQ’s US business and increase its revenue by 25%.
Consolidated operating result saw an 8% rise due to sales growth in Weapon and Ammunition division.
The projects, taken up in partnership with industry and academia, will focus on 5G-to-NextG wireless technologies.
DRS GES and SES GS will jointly develop advanced satellite network solutions for the US Government.
The sale, worth $300m, is expected to support the UK in its mission to strengthen its homeland defence capabilities.
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