MDA Space Ltd. (TSX:MDA) has secured two major contracts from the Royal Canadian Navy (RCN) to deliver up to six advanced Uncrewed Aircraft Systems (UAS) for Halifax-class frigates. The agreements support the Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) UAS initiative, designed to expand the Navy's maritime threat detection and situational awareness capabilities in Canadian and international waters.

The first contract, worth roughly $39 million, covers the procurement of two cutting-edge UAS units, with options for four more. The second, an in-service support agreement valued at approximately $27 million over five years, includes potential extensions that could sustain the systems for up to two decades.

These new systems will increase the RCN's operational re

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