MDA Space acquires US-based spacecraft component supplier to expand defence market reach

Summary

MDA Space Ltd. has announced a definitive agreement to acquire a US-based spacecraft and satellite component supplier. The acquisition expands MDA Space's total addressable market, positions the company to pursue substantial US defence market opportunities, and adds a profitable, cash-generating business with an 18-year history. The transaction adds approximately US$3.5B (C$4.9B) to the company's pipeline, includes complementary technology and customer sets, and brings key talent and manufacturing facilities in Denver, Colorado's space and aerospace hub. The deal is expected to be accretive to Adjusted EBITDA and Adjusted EPS in 2027.

Source

Twitter / XMDA Space acquires US-based spacecraft component supplier to expand defence market reachbrnw.ch