MDA Space agrees to buy Blue Canyon Technologies for US$620 million cash
ريثيون
MDA Space Ltd
RAYTHEON TECHNOLOGIES CORPORATION RTX | 0.00 | |
MDA Space Ltd MDA | 0.00 |
- MDA Space agreed to buy Blue Canyon Technologies from RTX’s Raytheon in an all-cash deal valued at USD 620 million.
- Closing is expected by end-2026, subject to customary conditions.
- Blue Canyon is a spacecraft and satellite component maker with more than 85 spacecraft launched, 3,500+ products on orbit.
- Deal adds a US manufacturing footprint in Denver, Colorado, targeting expanding US defense space demand.
- MDA Space expects accretion to adjusted EBITDA and adjusted EPS in 2027; Blue Canyon adds a USD 3.5 billion pipeline.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MDA Space Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606190630PR_NEWS_USPR_____TO87876) on June 19, 2026, and is solely responsible for the information contained therein.
