Announced
Completed
Financials
Tags
Single Bidder
Australia
Acquisition
aviation
Domestic
Friendly
Majority
Private
Defense
Completed
Synopsis
QinetiQ Australia, a defence technology company, completed the acquisition of Air Affairs Australia, a provider of threat representation and mission rehearsal products and services to Australian Defence and commercial customers, for £31m. “Air Affairs is a trusted partner to Australia’s Defence Organisation, delivering essential threat representation and mission rehearsal capabilities to the Australian war-fighter. Combined with QinetiQ’s global threat representation, test and evaluation expertise, the acquisition of Air Affairs will deliver even greater value to our Australian Defence customer,” Steve Wadey, QinetiQ CEO.
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