British engineering firm QinetiQ has reached an agreement to buy Australian special mission training business Air Affairs.
The newly-acquired company currently owns and operates a fleet of special mission 30 & 60 series Learjet and Kingairs, providing support services to Defence.
The aircraft also fulfil other special mission roles including bushfire reconnaissance services, while AAA manufactures and provides operational services for the Phoenix Unmanned Aerial Target Drone.
The business’ CEO, Chris Sievers, said: “QinetiQ Australia is a natural fit for the Air Affairs team.
“From our investment in early careers and sovereign industrial capability, to delivering critical training opportunities that enhance Australian defence operational readiness, both companies are aligned in culture and strategy.
“We see this as an exciting opportunity to unlock greater value for our Defence and industry customers.”
Steve Wadey, the group CEO of QinetiQ, said: “Air Affairs is a trusted partner to Australia’s Defence Organisation, delivering essential threat representation and mission rehearsal capabilities to the Australian war-fighter.
“Combined with QinetiQ’s global threat representation, test and evaluation expertise, the acquisition of Air Affairs will deliver even greater value to our Australian Defence customer.”