V2X Acquires QinetiQ's US Intelligence Business for $24 Million

V2X, Inc. has completed its acquisition of QinetiQ's U.S. Intelligence business for approximately $24 million. The deal adds new capabilities and expands V2X's access to critical national security programs. About 70 professionals with expertise in intelligence and cyber operations will join V2X. The acquisition enhances V2X's position in the Intelligence Community and strengthens its ability to deliver data-enabled mission solutions across all domains.

V2X, Inc. (NYSE:VVX) has completed the acquisition of QinetiQ's U.S. Intelligence business for approximately $24 million, net of estimated tax benefits. The strategic move brings approximately 70 intelligence and cyber operations professionals to V2X's team V2X Completes Acquisition of QinetiQ U.S. Intelligence Business, Expanding National Security Capabilities^[1].

The acquired business specializes in data engineering, intelligence mission support, and cyber solutions for the Intelligence Community. V2X has begun the integration process, which aims to strengthen its capabilities in delivering data-enabled mission solutions across all domains and expand its access to critical national security programs V2X Completes Acquisition of QinetiQ U.S. Intelligence Business, Expanding National Security Capabilities^[1].

The acquisition enhances V2X's position within the Intelligence Community, bolstering its expertise in intelligence and cyber operations. The addition of these professionals will enable V2X to offer more comprehensive and advanced services to its clients.