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Share Price: 423.80

Bid: 423.40

Ask: 424.20

Change: 49.60 (13.25%)

Spread: 0.80 (0.189%)

Open: 404.00

High: 428.40

Low: 401.40

Prev. Close: 374.20

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Qinetiq wins $92m US army night vision development contract

Thu, 30th Mar 2023 07:35

(Sharecast News) - QinetiQ Group on Thursday said it had won a $92.6m contract from the US army to develop digital night vision technology (DNVT).

With QinetiQ support, the army will continue to evolve capabilities via DNVT through development, integration, experimentation, and laboratory and platform test and evaluation including, using digital imaging, display, processing, and network architecture technologies to support military operations, the company said

"Digital Night Vision Technology will better enable soldiers to view and understand information in tactical environments allowing them to react and respond to real-time data," said Shawn Purvis, president and chief executive of QinetiQ US.

Reporting by Frank Prenesti for Sharecast.com

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