Additional Information
Market: LSE
Sector: Aerospace & Defense
EPIC: QQ.
Latest Price: 137.50p  (1.10% Ascending)
52-week High: 142.80p
52-week Low: 96.75p
Market Cap: 908.15M
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QinetiQ is a leading international defence and security technology company with over 8,000 employees in  Europe, Middle East and Australasia and more than 5,500 in North America.

QinetiQ provide research, technical advice, technology solutions and services to customers in core markets of defence and security, and increasingly in the transfer of expertise and capabilities into adjacent markets such as energy and environment. 

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QinetiQ and Sodexo JV Metrix wins £31 mln MoD training contract

17th Aug 2009, 12:30 pm QinetiQ and Sodexo JV Metrix wins £31 mln MoD training contract

QinetiQ Group PLC (LSE: QQ) announced that Metrix, its joint venture with France’s Sodexo, has been awarded a £31 million contract by the UK Ministry of Defence, as part of the Defence Training Review (DTR) Package 1 PFI Project.

The Early Training Transformation (ETT) contract will see Metrix, the preferred bidder for the MoD's DTR Package 1 Project, take the first important steps toward providing key improvements to the UK armed forces' specialist training programmes.

The financial close on the overall DTR programme remains on track for 2010, Qinetiq said.

The DTR Package 1 Project aims to transform the way the MoD delivers specialist engineering, communications and information systems training.  

Metrix is a consortium led by QinetiQ, which leads the training delivery arm and Sodexo, an international facilities management group, chosen by the MoD to provide training design and development services. It will also build and run the MoD's Defence Technical College in St Athan, South Wales.

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