QinetiQ announced on 22 October that it will acquire an initial 85% of UK-based training and mission system provider Inzpire in a deal valued at GBP23.5 million (USD30.7 million).
QinetiQ will also acquire the remaining 15% of the company over a two-year period.
The acquisition is expected to complement QinetiQ’s defence operational training capabilities, and will bolster Inzpire’s growth internationally by providing access to QinetiQ’s overseas markets, including those in the Middle East.
Inzpire’s main success is in the airborne training and evaluation market, with its primary customer being the Royal Air Force (RAF). It also provides aviation mission system products including stand-alone tablets up to full mission systems that are integrated into an aircraft’s avionics.
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