Qinetiq, the UK defence technology group, is in talks to buy a privately held company that provides top-level advice to US intelligence services, in a move that will give it access to the heart of the lucrative US defence market.
The company is expected to confirm early this week that it is buying Dominion Technology Resources (DTRI) for about $100m. DTRI provides a range of consulting services and technology expertise to a number of government intelligence services and other classified customers.
Under the proposal, DTRI’s founders are expected to remain with Qinetiq in an advisory role, enabling the British company to capitalise on their contacts among the US intelligence community. The American market is typically difficult to enter for foreign contractors. ...
