Deal Snapshot
QinetiQ US Closes Acquisition of Data, Cyber, and Space Services Firm Avantus Federal
Friday 25 November 2022

UK-based defense technology company QinetiQ Group plc's (LSE: QQ.) QinetiQ US subsidiary has completed its acquisition of US-based data, cyber, and space services and solutions firm Avantus Federal from NewSpring Holdings for an enterprise value of USD 590, the company said.

The combination of QinetiQ US and Avantus creates a unique platform to offer comprehensive mission-led innovation for the most sensitive and complex challenges intelligence, defense, homeland, civilian, and other government customers face TODAY.

Date Published: 25/11/2022