QinetiQ completes acquisition of MTEQ
QinetiQ Group plc has completed the acquisition of Manufacturing Techniques Inc. (MTEQ) following receipt of required regulatory approvals.
Courtesy QinetiQ
This follows the announcement on 2nd October 2019 of an agreement to acquire MTEQ.
MTEQ is a 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.
The 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.