The Brampton, Ont., company’s contract for a new robotic arm for use in space is with the Canadian Space Agency, so it’s not directly affected by a Trump administration budget proposal for NASA that would kill the Lunar Gateway space station, CEO Mike Greenley said on an earnings call. The Canadarm3 contract has other uses, he said, and the U.S.’s turn toward commercial space efforts are good for MDA’s business supplying robotics. MDA’s share price took a hit last week after the NASA budget news. (The Logic)

Talking point: The Canadarm3 accounts for “under $900 million” of MDA’s $4.8 billion in orders, MDA CFO Guillaume Lavoie said. Those orders also include billions of dollars’ worth of satellites for Canada’s Telesat. The White House budget proposal is just that, Greenley said, and the final decision is up to Congress. “There’s a lot of water to flow under the bridge here,” he said. MDA reported comprehensive income of $30.1 million in its latest quarter, a 28.1 per cent increase from the same period the previous year.