MDA Space to acquire Blue Canyon Technologies from RTX for $620M to expand U.S. space-defense manufacturing
MDA Space has agreed to buy Blue Canyon Technologies from RTX’s Raytheon business in an all-cash $620 million deal. MDA says the acquisition is meant to deepen its U.S. defense footprint, expand its satellite-guidance component supply, and grow its space-defense manufacturing pipeline by $3.5 billion.