Aerospace and defense conglomerate
Appears in 2 stories
Seller
MDA Space, a Canadian space-systems company, agreed on June 19, 2026 to buy Blue Canyon Technologies for US$620 million in cash. Blue Canyon builds small satellites and spacecraft parts at two plants near Denver, and it currently belongs to RTX's Raytheon business.
Updated Jun 19
Singled out by Trump as "least responsive," stock up 4.8% anyway
Trump wants to spend $1.5 trillion on defense in 2027—a jaw-dropping 66% jump from this year's $901 billion. This would be the largest single-year defense increase since the Korean War.
Updated May 19
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