Qinetiq wins $92m US army night vision development contract
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).
Read moreQinetiQ forms new Australia unit, names CEO
16th Feb 2023 08:02
(Sharecast News) - Defence technology company QinetiQ said it had formed a new Australia Sector and named Gary Stewart as its chief executive.
Read moreQinetiq on track to meet expectations after 'good' Q3
18th Jan 2023 09:33
(Sharecast News) - Defence technology company Qinetiq said on Wednesday that it was on track to meet expectations after a "good" third quarter.
Read moreQinetiq wins £80m contract with MOD
16th Jan 2023 08:12
(Sharecast News) - Qinetiq said on Monday that it has won an £80m contract with the UK's Ministry of Defence (MOD).
Read moreStrong demand boosts profits at QinetiQ
10th Nov 2022 07:24
(Sharecast News) - Defence technology specialist QinetiQ Group lifted its full-year guidance on Thursday after a spike in first-half revenues and profits.
Read moreQinetiQ maintains full-year guidance despite macro challenges
12th Oct 2022 10:32
(Sharecast News) - QinetiQ Group maintained its full-year guidance in a trading update on Wednesday, having delivered "strong and consistent" operational performance in its second quarter.
Read moreQinetiq buys Australian defence services company Air Affairs
3rd Oct 2022 07:23
(Sharecast News) - QinetiQ said on Monday that it has agreed to buy Australian defence services company Air Affairs for AUD53m (£31m) in cash and to sell its Belgium-based commercial space business, QinetiQ Space, to Redwire Space Europe for €32m (£28m) in cash.
Read moreSector movers: Homebuilders, Aerospace and Defence pace bounce
21st Sep 2022 19:07
(Sharecast News) - Household Goods and Home Construction led a bounce in the UK stock market, even as investors waited on an interest rate decision from the US Federal Reserve after Wednesday's close and another from the Bank of England the next day, together with news of a partial mobilisation of Russia's armed forces.
Read moreInstitutional shareholder sells £90m worth of Qinetiq shares in placing
12th Aug 2022 07:59
(Sharecast News) - An undisclosed institutional shareholder has sold around £90m worth of Qinetiq shares in a placing.
Read moreQinetiq locks in $45.0m contract with Development Command
9th Aug 2022 08:01
(Sharecast News) - Science and engineering company Qinetiq has secured a $45.0m, five-year contract to provide services for the Development Command at its Fort Belvoir prototyping integration facility.
Read moreQinetiq makes 'good start' to year
21st Jul 2022 09:52
(Sharecast News) - Engineering company Qinetiq said on Thursday that it has made "a good start" to the trading year, with a "strong" group operational performance.
Read moreQinetiq FY underlying profits fall despite modest revenue growth
19th May 2022 09:17
(Sharecast News) - Defence firm Qinetiq said on Thursday that full-year underlying operating profits had fallen in the year ended 31 March despite seeing a modest uptick in annual revenues.
Read moreQinetiq lifts guidance on strong order intake
20th Apr 2022 07:58
(Sharecast News) - UK defence engineer Qinetiq lifted annual earnings guidance, as strong order intake boosted revenues.
Read moreSector movers: Inflation worries drag on stocks, Defence issues wanted
11th Apr 2022 16:49
(Sharecast News) - Cyclical issues fared worst at the start of the week amid ongoing heightened concerns around the war in Ukraine and its potential duration.
Read moreTP Group sells Northstar software to QinetiQ
1st Apr 2022 16:10
(Sharecast News) - TP Group announced on Friday that it has agreed to sell its Northstar autonomous navigation software to QinetiQ for cash consideration of £0.6m.
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