Serco to Buy QinetiQ’s US Business for $292 Million
British outsourcing group Serco said it would buy the US business of defence technology company QinetiQ, expanding its presence in the US defence market.
British outsourcing group Serco LSE:SRP said on Thursday it would buy the US business of defence technology company QinetiQ LSE:QQ. for $292 million, expanding its presence in the world's biggest defence market.($1 = 0.7543 pounds)