Tag Archives: QinetiQ

Perspecta, the Chantilly, Virginia-based government technology services contractor, announced in January that it will be acquired by Veritas Capital for $7.1 billion in cash, or $29.35 per share. Veritas Capital, which holds approximately 14.5 percent of Perspecta’s outstanding shares, intends to combine Perspecta with Peraton, another government technology provider and …

U.K.-based defense technology company QinetiQ has signed a special security agreement with the Defense Counterintelligence and Security Agency to combine all of its defense and security operations in the U.S. under a single entity that will operate as QinetiQ Inc. Mary Williams, former president and CEO of sensor provider Manufacturing Techniques, will lead QinetiQ Inc. as president and CEO.

John Gaddi, a more than two-decade finance and accounting professional, has joined Rockville, Md.-based health information technology provider CNSI as senior vice president of finance.

The U.S. Army has chosen four companies to each submit a prototype as part of the light Robotic Combat Vehicle development competition the National Advanced Mobility Consortium manages for the service branch.

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 QinetiQ’s U.S. operations.  “The acquisition of MTEQ is a …

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, QinetiQ said Wednesday.

Mac Curtis, president and chief executive officer of Perspecta, was honored Wednesday, May 8th, during the Boy Scouts of America National Capital Area Council’s Good Scout Technology Award Luncheon at the Tysons Corner Marriott in Tysons, Va. Phil Nolan, general partner of Blue Delta Capital Partners, served as Good Scout …

QinetiQ North America has won a $152M initial contract to manufacture small unmanned ground robots for the U.S. Army’s Common Robotic System – Individual program, Defense News reported Thursday. A statement from Fort Benning in Georgia noted that the contract’s value may increase to $400M through follow-on awards and options. …

QinetiQ North America has received a potential five-year, $90M contract to help the U.S. Army modernize and sustain a family of robotic systems designed to neutralize explosives and support other military missions. The company will provide reset, maintenance and recap services for the Tactical Adaptable Light Ordnance Neutralization robots, the Department of Defense said Monday. Army …

David Adams, a 20-year defense industry veteran and a certified public accountant, has joined Endeavor Robotics as chief financial officer at the Chelmsford, Mass.-based unmanned ground vehicle manufacturer. He will report directly to Endeavor CEO Sean Bielat and oversee the company’s financial activities that cover planning and analysis functions, the company said Wednesday. Adams …