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Business/Financial

QinetiQ Completes Acquisition Of Avantus Federal

By Cal Biesecker

Wednesday, November 23rd, 2022

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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…

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