It does if the target is in the current system.Does checking the contacts list work better? You can drill down and get a state display there.
Luckily, it's not too hard to find a planet which has multiple abandoned settlements and also with a recovering surface port in which to take missions from.
That's the criteria I've started looking for when doing these missions. Then, I can just use the nav panel to check status, and I only have to orbital cruise for a few seconds back and forth to/from the target.