Cobham
has announced the successful purchase of
national security group,
Argotek, for a consideration of $36.25m (£22.8m), $26.25m of which will be payable in cash.
The privately-owned information assurance group will become part of the Cobham Defence Systems Division and will operate under Cobham's existing US Special Security Agreements.
Providing high-end security services, Argotek will merge with Cobham Analytics Solutions’ existing National Security Systems Sector to increase the depth of its technical offering.
According to Cobham, Argotek's expertise in this field will be in demand for upcoming projects such as the Comprehensive National Cyber Initiative, a government programme aimed at strengthening
Engineering industry reacts to Reeves' budget
I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...