QinetiQ Buys Meggitt Target Drone Business

LONDON—British defense firm QinetiQ has purchased the target drone manufacturing business of Meggitt for £57.5 million ($71.04 million). QinetiQ is hoping that the purchase of Meggitt Target Systems—best known for the manufacture of the Banshee aerial target—will allow QinetiQ to further grow its...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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