Qinetiq acquires Rubikon Group
Qinetiq Australia has acquired Australia-based integrated logistics support provider RubiKon Group, the company announced on 27 February.
The acquisition will see the company become a wholly-owned subsidiary within Qinetiq Australia.
RubiKon provides tailored solutions to complex logistics, supply chain management and procurement projects services to customers in the defence, aerospace, mining and government sectors. The company has worked with Qinetiq Australia for the last three years.
Steve Wadey, CEO of Qinetiq, said: 'Over the last year we have set out our strategy for growth underpinned by investment including bolt-on acquisitions where there is a strong strategic fit. This acquisition supports the delivery of our strategic priority to drive growth of our core capabilities in international markets.
'RubiKon's integrated logistics support services are complementary to the technical engineering advice and services provided by Qinetiq, and will enable us to offer independent whole programme solutions to customers in the growing Australian and Asia Pacific markets.'
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