Infotech Enterprises Ltd  said on Tuesday it expects to acquire a European aerospace services company for about $20 million, later this year.

The firm is in talks with 3-4 firms valued between $10-20 million in the aerospace sector, and the acquisitions will bring high-end competencies to the company's global aerospace practice.

Infotech expects its revenues to grow about 26 percent during the fiscal. It gets around 40 percent of its revenue from the aerospace sector, the company said.