MDA Space Ltd

MDA

Market cap $5.47B

MDA Space Ltd. (MDA:CA) M&A Call Transcript

MDA Space (TSX:MDA) announced that it has agreed to acquire US-based Blue Canyon Technologies in an all-cash transaction valued at US$620 million, or about C$874 million. Blue Canyon Technologies, currently part of RTX's Raytheon business, manufactures spacecraft and satellite components and provides mission services.

Canadian space technology firm MDA Space said on Friday it would buy U.S.-based ​Blue Canyon Technologies from RTX's Raytheon ‌business for $620 million in cash, expanding its footprint in the U.S. defense space market.

In the news release, MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC, issued 19-Jun-2026 by MDA Space over PR Newswire, we are advised by the company that a change has been made. The complete, corrected release follows: MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC Expands Total Addressable Market for MDA Space Positions company to further pursue substantial US defence market opportunities Adds a profitable, cash-generating business with 18-year history Transaction expected to be accretive to Adjusted EBITDA 1  and Adjusted EPS 1 in 2027 Adds high-quality spacecraft and satellite component supplier business and US$3.5B (approx.

Expands Total Addressable Market for MDA Space Positions company to further pursue substantial US defence market opportunities Adds a profitable, cash-generating business with 18-year history Transaction expected to be accretive to Adjusted EBITDA 1  and Adjusted EPS 1 in 2027 Adds high-quality spacecraft and satellite component supplier business and US$3.5B (approx. C$4.9B) to pipeline Complementary technology and customer set Adds key talent & manufacturing facilities in Denver, Colorado space & aerospace hub TORONTO, June 19, 2026 /PRNewswire/ - MDA Space Ltd.

NATO-standard solution will enable real-time intelligence sharing with allied nations OTTAWA, ON, June 15, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today announced it has been awarded a $3.7 million CAD contract by General Atomics Aeronautical Systems, Inc. (GA-ASI) to design, build, integrate, and test a Coalition Shared Database (CSD) for Canada's Remotely Piloted Aircraft System (RPAS) program.

U.S. Department of War renews long-term commitment to Global Procedure Designer to support global military operations OTTAWA, ON, June 12, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today confirmed that the United States Air Force (USAF) has renewed its long-term contract for Global Procedure Designer (GPD) through a new Indefinite Delivery/Indefinite Quantity (IDIQ) agreement, reinforcing continued reliance on the platform to support global military operations.

Full suite of functionality delivers advanced instrument flight procedure design capabilities OTTAWA, ON, June 12, 2026 /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today announced a significant refresh of its Global Procedure Designer (GPD), an established and operationally proven expert software tool for the design and sustainment of instrument flight procedures (IFP), updated to align with the latest regulatory criteria and data standards.

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As a proud industry partner, MDA Space is leveraging its commercial innovation to deliver critical payload technologies that will enhance the resilience and capabilities of the U.S. Space Force's missile warning and tracking national security mission. The contract will see MDA Space design and build antennas and control electronics for medium Earth orbit (MEO) national security satellites.