Qinetiq Takes Majority Stake In UK Training Firm

LONDON—Britain’s Qinetiq is buying a majority 85% share of defense training and systems company Inzpire. In the £23.5 million deal, announced Oct. 22, Qinetiq has the option of purchasing the remaining 15% of Inzpire within two years. Inzpire, founded in 2005, has managed to quickly secure a number...

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