MTAS: UK's Meggitt sells defence unit to QinetiQ for $71 mln
LONDON, Dec 21 (Reuters) - British car and aeroplane parts maker Meggitt said it had sold its defence unit to UK firm QinetiQ for 57.5 million pounds ($71 million) in cash, as part of a plan to focus on sectors where it has a leading position.
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Meggitt Target Systems is a provider of unmanned aerial, naval and land-based target systems and associated turnkey services.
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