QinetiQ Group plc QinetiQ completes strategic investment in Inzpire (8959H)
November 20 2018 - 5:00AM
UK Regulatory
TIDMQQ.
RNS Number : 8959H
QinetiQ Group plc
20 November 2018
News Release
QinetiQ Group plc
QinetiQ completes strategic investment into Inzpire
20 November 2018
QinetiQ Group plc ("QinetiQ") is pleased to announce that it has
completed its strategic investment into Inzpire Group Limited
("Inzpire"). This follows the announcement on 22 October 2018 of an
agreement to acquire 85% of the shares of Inzpire. QinetiQ will
acquire the remaining 15% after two years.
Inzpire is a leading provider of operational training and
mission systems for military customers in the UK and
internationally. The investment enhances QinetiQ's capabilities in
defence operational training, complements our mission systems
expertise with a portfolio of disruptive products and provides
significant international potential.
Notes for Editors:
About QinetiQ:
QinetiQ (QQ.L) is a leading science and engineering company
operating primarily in the defence, security and critical
infrastructure markets. We work in partnership with our customers
to solve real world problems through innovative solutions
delivering operational and competitive advantage. Visit our website
www.QinetiQ.com. Follow us on LinkedIn and Twitter @QinetiQ. Visit
our blog www.QinetiQ-blogs.com.
About Inzpire:
Inzpire is a multi award-winning supplier of advanced defence
training, technical services and cutting-edge mission systems. The
company is a trusted partner of the UK MOD and employ highly
experienced former military personnel who work alongside very
skilled defence engineers and business professionals to deliver
operationally credible solutions to military customers. Follow us
on LinkedIn and Twitter @InzpireLimited and visit us at
https://www.linkedin.com/company/inzpire-ltd/ and
www.inzpire.com.
For further information please contact:
David Bishop, Group Director Investor Relations and Communications: +44 (0) 7920 108675
Ian Brown, Group Head of Investor Relations: +44 (0) 7908
251123
Jon Hay-Campbell, Group Head of Communications: +44 (0) 7500 856953
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END
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