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QQ. Qinetiq Group Plc

335.00
-0.80 (-0.24%)
Last Updated: 14:19:18
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Qinetiq Group Plc LSE:QQ. London Ordinary Share GB00B0WMWD03 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -0.24% 335.00 334.60 335.20 335.60 330.80 333.60 203,997 14:19:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 1.58B 154.4M 0.2681 12.46 1.92B

QinetiQ Awarded Five-Year U.S. Army Contract Valued at Up to $45 Million

09/08/2022 8:22am

Dow Jones News


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By Anthony O. Goriainoff

 

QinetiQ Group PLC said Tuesday that it has been awarded a five-year contract with the U.S. Army valued at up to $45 million.

The London-listed defense and security engineering company said the contract--which is for one year followed by four one-year options--is the largest significant win for its U.S. leadership team and an important competitive win for the business.

The company said it will provide technical services including computing, communications, cyber, intelligence, surveillance and reconnaissance at the Fort Belvoir Prototyping Integration Facility.

"This success demonstrates our strategy is working and provides further confidence," the company said.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

August 09, 2022 03:07 ET (07:07 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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