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ManTech To Buy QNA’s Intelligence Solutions Business For $60 Million

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By Calvin Biesecker ManTech International [MANT] yesterday said it has agreed to acquire the Security and Intelligence Solutions (S&IS) business of QinetiQ North America (QNA) for $60 million in cash, giving it access to new customers and adding a key new contract. The S&IS business has similar core competencies to ManTech's Mission, Cyber and Technology Solutions group, including cyber security, cyber engineering and security solutions and intelligence analysis, William Varner, head of the ManTech group, told Defense Daily. But the…

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