A consortium led by Northern Private Capital, a Toronto-based investment firm, completed the acquisition of MacDonald, Dettwiler and Associates, a provider of encompassing ground stations, radar satellite products, robotics, defense, and satellite components, from Maxar Technologies, a provider of earth intelligence and space infrastructure, for $765m. “This transaction — when combined with the recently completed sale of real estate in Palo Alto — reduces Maxar’s overall debt by more than $1bn and significantly reduces Maxar’s leverage ratio. Also, the loss of future cash flow from MDA will be significantly offset by interest savings from the reduction of debt. We expect the net effect of all these factors to only reduce our prior guidance for Adjusted EBITDA and free cash flow generation in the 2022 to 2023 time period by approximately $50m,” Biggs Porter, Maxar CFO.