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Canada's MDA Space is buying a Raytheon satellite unit for $620 million

The all-cash deal gives the Canadian firm a U.S. manufacturing footprint and a path to bid on classified defense contracts

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Canada's MDA Space is buying a Raytheon satellite unit for $620 million

Canada's MDA Space is buying a Raytheon satellite unit for $620 million

Published June 22, 2026 · Category: Markets

Overview

The all-cash deal gives the Canadian firm a U.S. manufacturing footprint and a path to bid on classified defense contracts

Source

Originally published at qz.com.

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