News release
QinetiQ Group Plc
£80m contract win with UK MOD
16 January 2023 - QinetiQ Group plc ("QinetiQ" or the "Company") is pleased to announce that it has won an £80m contract with the UK's Ministry of Defence (MOD). The contract will provide expertise, training and support to accelerate and transform mission data production; this will enable military platforms and personnel, from the UK and its allies, to be better protected in a rapidly changing threat landscape and enhance the performance of our advanced military systems.
We will work in partnership with the MOD for a 10-year period on the transformation project, providing a specialist mission data and electronic warfare skills solution alongside training and IT support. This win is a great example of our cyber and information advantage distinctive offering and the strength of our partnering across industry, bringing together extensive experience of electronic warfare, mission data analysis, communication and information services and data-led transformation to achieve operational advantage over our adversaries.
James Willis, Chief Executive of UK Intelligence at QinetiQ said:
"We are delighted to be selected as the MoD's Industry Partner for mission data. The contract demonstrates how the MoD works closely with industry to build the skills of the future and introduce innovative approaches to enhance mission capability. Our team is harnessing the value delivered by small and medium sized companies and our academic partners. We look forward to working together in partnership with the MoD delivering the next generation of mission data."
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:
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John Haworth, Group Head of Investor Relations: |
+44 (0) 7920 545841 |
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Lorna Cobbett, Citigate Dewe Rogerson (Media enquiries): |
+44 (0) 7771 344781 |
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