V2X has completed the acquisition of QinetiQ’s United States Intelligence Business.
The $24 million transaction, net of estimated tax benefits, enhances V2X’s capabilities and broadens its reach into key national security programs. As part of the acquisition, roughly 70 intelligence and cyber operations experts will join the company.
V2X, Inc. delivers infrastructure asset management, logistics, and supply chain management services. It also offers information technology and network communication solutions.
QinetiQ's U.S. Intelligence business delivers data engineering, intelligence mission support, and cyber solutions for the Intelligence Community.
Sources: PRNEwswire, Bloomberg
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