/C O R R E C T I O N -- MDA Space/
MDA Space signed a definitive agreement to acquire Blue Canyon Technologies LLC, a US-based spacecraft and satellite component manufacturer, for US$620 million in an all-cash transaction. The deal is fully financed through senior secured debt and is expected to be accretive to Adjusted EBITDA and Adjusted EPS in 2027, with pro forma leverage remaining within the company's target range of 1.5x to 2.5x.
Key figures
- Deal Value Usd
- 620000000
- Target employees
- 400
- Pipeline addition cad
- 4900000000
- Pipeline addition usd
- 3500000000
- Target launch heritage
- 85 spacecraft launched
- Target revenue history
- 18-year history
- Pro forma leverage range
- 1.5x to 2.5x net debt to LTM adjusted EBITDA
- Target products on orbit
- 3500
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