Farnborough-based QinetiQ, a multi-national defence technology company, is set to acquire EIS Aircraft Operations for £61 million.
The latter has been the exclusive provider of low-speed aerial training services to the German armed forces since 1999, and it trains the US Air Force in Europe. It also modifies aircraft with sensors and digital systems for special missions.
QinetiQ CEO Steve Wadey (
www.QinetiQ.com) said: “This acquisition supports our strategy of international growth by providing access to the European defence market and enhancing our ability to deliver capability integration, threat representation and operational readiness for customers.
"We look forward to welcoming the Aircraft Operations team in Germany to QinetiQ and working with them to continue to grow the business, both within their existing markets and beyond.”