The strategic investment is CSG’s first foray into space technology and makes it MDA’s single biggest shareholder. The announcement said CSG is interested in joint manufacturing ventures in Europe and in introducing the Brampton, Ont., maker of satellites, space robotics and related components to customers of CSG’s many other companies. MDA’s share price ticked up on the news but quickly fell back to about where it had been. At the current price, a 9.5 per cent stake in MDA is worth about $616 million. (The Logic)

Talking point: CSG owns companies that make heavy Tatra trucks, artillery, radar and small-arms ammunition, among other things. Its holdings include the storied Remington brand in the United States. CSG, which went public in early 2026, is newly interested in Canada; in August, it bought an unspecified stake in Calgary’s North Vector Dynamics, a startup working on hypersonic interceptor missiles. Former CAE and L3Harris Wescam vice-president Cameron McKenzie will be responsible for its Canadian efforts, CSG said.

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