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      "text": "It appears that Maxar has not been transparent about the size of its contract losses until recently. We remind investors that Maxar uses the “percentage of completion” method of revenue recognition.",
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      "text": "In 2016, adjusted EBITDA included a contract loss provision of US$7.5 million resulting from a change in the estimate of development and engineering costs to complete a firm fixed price program — Maxar",
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      "text": "1) Per Maxar’s disclosure of its revenue recognition policy\n2) The following year in 2017 Maxar elaborated...",
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