
QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQs U.S. operations. The acquisition of MTEQ is a significant step towards...
QinetiQ has agreed to buy Lorton, Va.-based sensor provider Manufacturing Techniques for approximately $105M in a push to establish a global defense and security company. The deal, which is subject to legal and regulatory approvals, involves an additional $20M in cash and stock payments contingent on financial performance over a three-year period, Q...
The General Services Administration has posted on FedBizOpps a single solicitation notice for a Multiple Award Schedule that consolidates 24 MAS contracts covering a wide variety of commercial products and services. “This is an important first step toward our goal of simplifying the experience for customers, suppliers and GSA’s acquisition wor...