Last checked at 9 Aug 2022 07:00
News release
QinetiQ Group plc
Delivering organic growth in the US with $45m contract win
09 August 2022 - QinetiQ Group plc ("QinetiQ" or the "Company") has won a contract to provide technical services to the US Army. The five year contract, worth up to $45m, will provide services for the Development Command (DEVCOM) Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C4ISR) at the Fort Belvoir Prototyping Integration Facility (PIF).
The contract, a 1-year base period followed by four 1-year option periods, will provide technical services for system development, fabrication, sensor and system integration, prototyping of multi-function sensor suites, and technology assessment efforts aimed at supporting current and future DEVCOM C5ISR PIF Belvoir customers.
This contract is an important competitive win for the business and reinforces our continued value to our customers. It is the largest significant win for our strengthened US leadership team, focused on driving short-term operational performance and organic growth. This success demonstrates our strategy is working and provides further confidence as we prepare for the integration of our recently announced acquisition of Avantus Federal LLC.
About QinetiQ
QinetiQ (QQ.L) is a leading science and engineering company operating primarily in the defence and security markets. We work in partnership with our customers to solve real world problems through innovative solutions delivering operational and competitive advantage. Visit our website www.QinetiQ.com. Follow us on LinkedIn and Twitter @QinetiQ. Visit our blog www.QinetiQ-blogs.com.
For further information please contact:
John Haworth, Group Director of Investor Relations: | +44 (0) 7920 545841 |
Lorna Cobbett, Citigate Dewe Rogerson (Media enquiries): | +44 (0) 7771 344781 |