Tag: Blue Canyon
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MDA Space Prices $600-Million Note Offering to Fund Blue Canyon Acquisition
The debt offering is the second half of a plan built to pay for two distinct deals announced in mid-June and early July. In June, MDA agreed to buy Colorado-based Blue Canyon for US$620 million to expand its manufacturing footprint and secure deeper access to the U.S. defence and government market. On July 8, MDA…
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MDA Space Buys Blue Canyon Technologies for $620 Million in U.S. Defense Push
MDA Space announced the acquisition June 19. The deal is expected to close by the end of the year, pending regulatory approvals that include a review by the Committee on Foreign Investment in the United States, or CFIUS. Blue Canyon Technologies, founded in 2008, builds smallsats and smallsat components. Raytheon acquired it in 2020. The…