Sign In
Search
Business/Financial

V2X To Acquire QinetiQ’s Federal IT Services Business

Cal Biesecker By
SHARE:
V2X To Acquire QinetiQ’s Federal IT Services Business
iStock Cyber Lock

V2X on Monday said has agreed to acquire the U.S. federal information technology services business of Britain’s QinetiQ Group plc in a deal that expands its work with the intelligence community. V2X said the deal is valued at $24 million excluding tax benefits. QinetiQ on Tuesday said the transaction has an enterprise value of $31 million. The deal is expected to be complete by the end of September, QinetiQ said. The IT business is not core to the company’s operations.…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

U.K. Defense Firm OpenWorks Expands Into U.S. Market

Business/Financial

DoD Makes $450 Million Equity Investment In Domestic Tungsten Supplier The Elmet Group

Business/Financial

EnduroSat and CACI to Build Vantor’s Pulse Smallsat Fleet

Advanced / Transformational Technology

Edge Cybersecurity Firm TigerByte Cyber Exits Stealth With $10 Million

Trending

Northrop Expands B-21 Production Capacity With New Utah Facility
Space Force Looking to Future for RPO-Docking to Counter Space Threats
True Anomaly and Northrop Grumman Aiming to Build GHOST-R Prototypes to Reduce RG-XX Costs
L3Harris Chose To Not Be An SBI Prime, Instead Focusing As Propulsion Supplier
Contract Awards

Congress Updates

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume