Communications Daily is a service of Warren Communications News.

Maxar Selling Canadian Space, Defense Business

Maxar Technologies is selling its Canadian space and defense unit, MDA, to a consortium of investors led by Northern Private Capital (NPC), for $765 million, it said Monday. It said MDA will operate as a stand-alone NPC company, keeping its…

Sign up for a free preview to unlock the rest of this article

Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!

name. It said the deal requires regulatory OKs by DOJ, the FTC and the Canadian government. Maxar shares closed up 15.4 percent Monday at $16.49.