QinetiQ enhances position in global test and evaluation through acquisition of Meggitt Target Systems

QinetiQ announces this morning that it has acquired Meggitt Defence Systems Limited and Meggitt Holdings Canada Inc. (together "Meggitt Target Systems") from Meggitt for 57.5 million on a cash-free, debt-free basis. Meggitt Target Systems is a leading international provider of unmanned aerial, naval and land-based target systems and services for test and evaluation ("T&E") and ["]