MDA Space Secures $60 Million for River-Class Destroyer Advancement

On June 24, 2025, MDA Space Ltd., a prominent player in the global space industry, proudly announced a substantial financing package of $60 million. This investment will help fund the next phase of the River-Class Destroyer program, which is essential to modernizing and enhancing the Royal Canadian Navy's maritime capabilities.

The allocated funds are earmarked for the delivery and integration of two crucial sensor systems intended for the first three ships in the River-Class fleet. These advanced systems are designed to significantly enhance situational awareness and provide crucial protection against laser and optically guided threats. Given the current landscape of naval combat, bolstering these capabilities is more important than ever.

MDA Space’s CEO, Mike Greenley, expressed pride in the company's role as a trusted mission partner for Canada’s Department of National Defence. He emphasized the company's commitment to collaborating with Canada’s defense industrial base to deliver next-generation naval sensors that ensure the safety and effectiveness of the Royal Canadian Navy. The sensors developed as part of this contract will be produced in multiple locations across Canada, including Richmond, British Columbia; Halifax, Nova Scotia; and Brampton, Ontario.

The River-Class Destroyers are being built at Halifax Shipyard through a strategic initiative known as the National Shipbuilding Strategy. This five-year plan is not just about advancing military capabilities; it also plays a crucial role in revitalizing the Canadian shipbuilding sector, which is essential for maintaining national sovereignty.

As part of the broader initiative, Lockheed Martin Canada takes the lead on integrating the combat management system. This collaboration includes various industry partners, such as CAE, L3 Harris, Ultra, and BAE, each contributing their expertise to ensure that the new River-Class Destroyers are among the most advanced in the world.

In the wake of these developments, the Royal Canadian Navy stands on the cusp of a major upgrade. The upgraded fleet will not only enhance maritime security but also bolster Canada’s positioning on the global stage in terms of naval defense capabilities. With MDA Space’s commitment to innovation and excellence, the integration of sophisticated technologies will ensure that the Royal Canadian Navy is well-equipped to tackle a spectrum of critical missions.

In reflecting on the importance of this project, Greenley stated, "We look forward to the day when these ships are operationalized and deployed in the line of duty. Every step we take now is not only about the present but also about shaping the future for Canada’s naval forces."

As this contract paves the way for the next generation of naval technology, MDA Space’s achievements exemplify its commitment to driving forward-thinking solutions in defense and space. This landmark contract solidifies MDA's position as a leading innovator in the fabrication of advanced sensor systems and marks a new chapter for the Royal Canadian Navy.

For those interested in following MDA Space and its future endeavors, the company remains active on various social media platforms. To explore their innovative work further, visit their official website at www.mda.space.

In conclusion, MDA Space’s latest contract, worth $60 million, underscores not just a significant financial decision but a pivotal moment in enhancing the operational readiness of Canada's naval forces. The integration of advanced naval sensors represents a stride toward ensuring that the Royal Canadian Navy can effectively address current and future challenges in maritime security.