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QinetiQ Buys Meggitt Target Drone Business
December 21, 2016
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...
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