MDA Space Announces $620 Million Acquisition of Blue Canyon Technologies from RTX
Canadian space technology provider MDA (NYSE: MDA) has agreed to acquire U.S.-based spacecraft and satellite component manufacturer Blue Canyon Technologies LLC, owned by Raytheon Technologies (RTX), for approximately C$874 million ($620 million). The all-cash deal is expected to expand MDA's capabilities in the space sector.
Tickers: $RTX
Topics: Blue Canyon Technologies MDA Space RTX space technology