10 August 2022 - acquisition
The defence and technology group has announced that it has agreed to acquire the US group Avantus Federal LLC for some £483m. Avantus provides cyber, data analytics and software development solutions to the US Department of Defense and other agencies in the US. Avantus has a market leading position and its acquisition will increase the group's exposure to the US, doubling the size of its operations there, whilst also strengthening the group's activities in the areas of cyber technology and information solutions. Group revenues are likely to rise by 25% as a result of . . .
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