MDA Space wants to grow into what chief executive Mike Greenley floated as a possible $10-billion-a-year company. Getting there, he says, means deliberately growing a handful of Canadian suppliers into billion-dollar companies of their own.
Greenley made the comments in a recent episode of the podcast In the Money with Amber Kanwar, using the $10-billion figure loosely, as an illustration of how big MDA Space could become “over the next several years.”
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That company has been growing faster. Greenley told analysts on MDA Space’s most recent earnings call that 2026 revenue is running near $2.5 billion on a combined basis with two pending acquisitions, and 2027 landing about 50 per cent higher.
He described the ecosystem-building as a shared project. “It’s on us to create four to six $1-billion companies that work for us on different contracts in Canada, to build that strong ecosystem,” he said, describing a plan to hand smaller Canadian firms contracts far larger than they have handled before.
As one example, he described a Canadian supplier that had never landed a contract above $10 million suddenly winning upwards up to $300 million, with MDA staying involved to help the company deliver.