
Britain’s QinetiQ Group plc on Monday said it has agreed to acquire Air Affairs Australia Pty Ltd., an Australian based defense services company, and also has reached a deal to sell its Belgium-based commercial space business to Redwire Corp. [RDW], building its presence in Europe. Both deals are expected to close within the next six weeks. The pending acquisition of Air Affairs for about $35 million aligns with the company’s strategy of deploying capital in its three home countries: the…