Wednesday, December 21, 2016

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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