QinetiQ Group plc $127m contract win in the US (formerly Avantus) (5923O)
04 Outubro 2023 - 3:00AM
UK Regulatory
TIDMQQ.
RNS Number : 5923O
QinetiQ Group plc
04 October 2023
News release
QinetiQ Group plc
$127m contract win in the US (formerly Avantus)
4 October 2023 - QinetiQ Group plc (QinetiQ) is pleased to
announce it has been awarded a five year $127m contract in the US
from the Office of the Secretary of Defense Strategic Capabilities
Office (SCO). QinetiQ will provide secure, technologically advanced
services and products that will enable SCO to deploy new and
enhanced capabilities in support of strategic operations.
This contract builds on our existing work and strong customer
relationship with SCO, generating incremental growth on previous
work. The contract will support our customers' mission to identify,
analyse, and prototype disruptive applications of new systems, and
implement emerging technologies to create operational effects that
counter strategic adversaries. Following the $224m SDA contract
award announced on 31 August 2023, this $127m SCO contract is a
further demonstration of Avantus continuing to win significant
programmes that underpin our target of greater than 10% annual
revenue growth from Avantus.
Steve Wadey, Group Chief Executive Officer of QinetiQ, said:
"The award of this new contract is evidence of our US business
continuing to deliver against our ambitious growth plan. The
capabilities we acquired with Avantus last year are highly relevant
to our customers and provide key services in support of their
mission to solve some of the most complex national security
challenges."
Investor Seminar: Key drivers of our global growth
QinetiQ will host an Investor Seminar on 25th October 2023 in
New York, covering three of the key growth drivers for the company:
our UK Intelligence business, Avantus and our wider US business,
and our global threat representation capabilities. You are warmly
invited to join in person or via live webcast.
To register to attend:
https://www.qinetiq.com/en/investors/investor-seminars/key-drivers-of-our-global-growth
About QinetiQ
QinetiQ is an integrated global defence and security company
focused on mission-led innovation. QinetiQ employs more than 8,000
highly-skilled people, committed to creating new ways of protecting
what matters most; testing technologies, systems, and processes to
make sure they meet operational needs; and enabling customers to
deploy new and enhanced capabilities with the assurance they will
deliver the performance required.
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 Investor Relations: +44 (0) 7920 545841
Lindsay Walls, Group Director Communications
(Media enquiries): +44 (0) 7793 427582
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
CNTFFFSIIFLVIIV
(END) Dow Jones Newswires
October 04, 2023 02:00 ET (06:00 GMT)
Qinetiq (LSE:QQ.)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Qinetiq (LSE:QQ.)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024