:

Business/Financial

QinetiQ Completes Acquisition Of Avantus Federal

By Cal Biesecker

Wednesday, November 23rd, 2022

SHARE:

QinetiQ Completes Acquisition Of Avantus Federal

Shawn Purvis, president and CEO of QinetiQ US. Photo: QinetiQ

Britain’s QinetiQ Group plc on Wednesday said its U.S. subsidiary has completed a $590 million acquisition of Avantus Federal in a deal that that more than doubles the size of the U.S. business and expands its presence in the federal market. Avantus, which is based in Northern Virginia, provides cyber, data analytics and software development solutions to the Departments of Defense and Homeland Security, the intelligence community and other federal agencies. The deal was first announced on Aug. 5 and…

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]

Congress

House Appropriators Concerned With ‘Risky’ Reconciliation Approach To Fund Munitions, F-35 Plans

The House Appropriations Committee has raised concern with the Trump administration’s “risky” approach to seeking significant fiscal year 2027 funding for key priorities such as critical munitions and F-35 procurement […]

Budget

Lawmakers Push Shipbuilding Accountability And Submarine Reports In House Appropriations Bill

The House Appropriations Committee’s mark of the FY ‘27 defense spending bill includes shipbuilding accountability provisions given increasing cost-to-complete requests and perennially delayed shipbuilding programs. The bill report said that […]

Congress

Six F-35Bs Delivered Without Radars Thus Far, Program Director Says

The U.S. Marine Corps thus far has received six F-35B fighters without radars, as the service waits on Northrop Grumman‘s [NOC] delivery of the AN/APG-85 radar, which is to replace […]