/C O R R E C T I O N -- MDA Space/
MDA acquires Blue Canyon, a satellite maker with U.S. security clearance; Blue Canyon's $3.5B opportunity pipeline is 75% defense-dependent. In classified U.S. defense contracts, security clearance is the scarce asset—classic consolidation play on government space budget growth.
MDA Space Ltd. says it's acquiring Colorado-based Blue Canyon Technologies Inc. for $874 million to secure more American contracts. Read now
MDA acquires Blue Canyon for $874M, securing U.S. security clearance and manufacturing footprint to access classified defense contracts. Deal expands portfolio with satellite capabilities and shifts firm to prime contractor status for U.S. government work versus subcontractor.
MDA Space Ltd. (MDA), a Canadian space technology company that builds satellite systems, robotics, and space infrastructure, rose over 6% in Tor...