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Announced

Completed

QinetiQ Australia completed the acquisition of Air Affairs Australia for £31m.

Financials

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Transaction Value£31m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

Australia

Acquisition

aviation

Domestic

Friendly

Majority

Private

Defense

Completed

Synopsis

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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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