Business
QinetiQ completes acquisition of MTEQ
QinetiQ completes acquisition of MTEQ.
About this update from Qinetiq Group Plc
[{"type":"text","content":"\n \nRNS Number : 7005X QinetiQ Group plc 20 December 2019 \n\nNews Release\n \nQinetiQ Group plc\nQinetiQ completes acquisition of MTEQ \n20 December 2019\nQinetiQ Group plc (\"QinetiQ\") is pleased to announce completion of the acquisition of Manufacturing Techniques Inc. (MTEQ) following receipt of required regulatory approvals. This follows the announcement on 2 October 2019 of an agreement to acquire MTEQ. \n \nMTEQ is a leading US provider of advanced sensing solutions with a strong reputation for mission-led innovation, rapidly developing and fielding operationally relevant solutions to deliver information advantage to the warfighter. \n \nThe acquisition of MTEQ delivers a number of strategic benefits to QinetiQ including strengthening our international growth and innovation strategy whilst accelerating our growth in the US, the world's largest defence market. \n \nMore details on our acquisition of MTEQ can be found here.\n \nNotes for Editors:\n \nAbout QinetiQ:\n \nQinetiQ (QQ.L) is a leading science and engineering company operating primarily in the defence, security and critical infrastructure markets. We work in partnership with our customers to solve real world problems through innovative solutions delivering operational and competitive advantage. Visit our website www.QinetiQ.com. Follow us on LinkedIn and Twitter @QinetiQ. Visit our blog www.QinetiQ-blogs.com.\n \nFor further information please contact: \n \n\n\n\nDavid Bishop, Group Director Investor Relations and Communications:\n\n\n+44 (0) 7920 108675\n\n\n\n\nIan Brown, Group Head of Investor Relations:\n\n\n+44 (0) 7908 251123\n\n\n\n\nJon Hay-Campbell, Group Head of Communications:\n\n\n+44 (0) 7500 856953\n\n\n\n \n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END ACQLLFLVFALIFIA\n ","length":4489,"tagName":"div"}]