What Happened
Deal Expands Defense Capabilities and Adds 800 Workers
Serco has announced a $292 million agreement to acquire QinetiQ’s US business, expanding its capabilities in defense engineering, intelligence, surveillance, and space systems. The acquisition will bring approximately 800 employees into Serco’s workforce. Additionally, MANTECH has secured a $307 million contract with the Department of Homeland Security to expand intelligence and data analytics capabilities. This news was first reported by ClearanceJobs.