Company
QinetiQ Group PLC
LON:QQ.
QinetiQ Group PLC is an 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 provides 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.
98 stories
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FTSE 100 sees positive momentum continue to start the week
At the close, the UK's big index finished 0.2% higher at 7,860 points
Qinetiq wins more contracts with defence departments amid war in Ukraine
The FTSE 250-listed company's missile targeting arm delivered a number of notable contract wins and deliveries for customer training exercises in Europe
QinetiQ bags contract with US Army
The science and engineering company signed a five-year contract worth up to US$45mln
QinetiQ grows ‘robust’ order book amid rising geopolitical uncertainty
“Recent world events have reinforced the long-term needs of our customers," said chief executive Steve Wadey
QinetiQ reports 'strong' fourth quarter and expects to beat guidance for the year
“Recent world events have reinforced the long-term needs of our customers,” said chief executive Steve Wadey
QinetiQ on track to meet full-year forecast
The defence group said its order book stands at £900mln, with revenue, operating profit and cash flow all in line with expectations
QinetiQ looks attractive to Citi after contract problems
The high-tech defense group’s share price rose 4.7% on Friday to 256.4p
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QinetiQ warns of supply chain issues with large complex programme
The defence group said it is maintaining short and medium-term guidance
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FTSE 100 finishes near flat on Friday but Wall Street stocks higher after jobs report
Britain's blue chip benchmark closed down nearly two points, or 0.03%, at 7,123
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Qinetiq set to beat forecasts after strong final quarter
“Full-year order intake has been strong and we expect to deliver high teens percentage revenue growth"
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QinetiQ wins £127mln contract from UK Ministry of Defence
This contract has been won through the Engineering Delivery Partner framework announced in November
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Qinetiq gets a 'buy' rating from UBS on international progress
The analysts believe the “relatively shrinking exposure” to lower-margin contracts in the UK and better contract mix should drive margins improvement
QinetiQ says order intake strong despite contract disruption from coronavirus
The defence contractors also announced the acquisition of Manchester-based software and data analytics company Naimuri for £25mln
QinetiQ expects revenue hit from pandemic, continues to work
The firm said its work is “vital to maintaining the capabilities of defence, security and critical national infrastructure, including the emergency services”
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Qinetiq strengthens training capability with £14mln simulation specialist
Qinetiq's own trading has continued on track in the second half of the year
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QinetiQ on the march after strong growth in new orders
"Our focus for the remainder of the year is to win further campaigns globally, successfully deliver key programmes, and complete the acquisition of MTEQ."
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United Utilities and Intertek Group to be in focus on a busy Thursday
United Utilities, Intertek, Mitchells & Butlers, TalkTalk Group, and Tate & Lyle are all in the schedule for Thursday.
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QinetiQ to get £1.3bn revenue boost from amended long term partnership agreement with UK MoD
Under the amended agreement, the group will modernise 16 critical defence facilities in the UK, with the ministry to invest £190mln in modernising the infrastructure, equipment, and working practices across all the sites
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QinetiQ's North America unit wins US$164mln contract to provide small ground robots for the US Army
The CRS(I) robot is designed to be back-packable and is equipped with advanced sensors and mission modules for dismounted forces to enhance mission capabilities
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QinetiQ maintains expectations in trading update
The FTSE 250 defence technology company said its EMEA Service division had increased both its revenue and orders compared to the same period last year
FTSE 100 closes down as market awaits Trump/Juncker meeting
The UK blue-chip index closed around 50 points lower at 7,658, while FTSE 250 was also down - over 99 points at 20,753
Investments and investor services
ITV, GlaxoSmithKline and Indivior to be among the highlights for Wednesday
Among Wednesday's names are ITV, GlaxoSmithKline, Indivior, and Tullow Oil
Investments and investor services
FTSE 100 joins global equities to head lower as geopolitical worries weigh
News that the President will now not be meeting North Korea leader Kim Jong-un next month as planned is weighing on global stocks
Investments and investor services
Kingfisher and Tate & Lyle key names in diary as spotlight falls on UK consumer
Kingfisher, Tate & Lyle, Talk Talk Telecoms and United Utilities are among the stand-out names in Thursday's schedule.
Tern shares spike up as holding company extends security capability for Microsoft’s internet of things platform
A look at some of the biggest risers and fallers in London on Tuesday
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QinetiQ acquires Germany-based airborne training provider
The science and engineering company said the acquisition would accelerate its international growth strategy and establish a test and evaluation and engineering services capability in Germany
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QinetiQ to stop making pension top-up contributions
The pension pot is actually in surplus, so the defence contractor will stop making annual top-up payments of £10.5mln
FTSE 100 closes higher as pound firms; Shire top riser
The latest ONS data showed that retail sales grew 0.3% in October - ahead of the 0.1% economists had expected - which has boosted the blue chip retailers
Investments and investor services
Royal Mail Group continues to contend with tough compeition
Royal Mail reports on Thursday and investors will be waiting to see how the mail group is coping with the competition.
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UBS upbeat on European defence sector on US valuation gap; upgrades rating for QinetiQ
The UBS analysts said: “We expect defence budget growth of low- to mid-single digit in France, Germany and the other European nations, and mid- to high single digit in the US. The country where we see limited defence upside, if not cuts, is
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QinetiQ marches higher as Barclays upgrades to ‘overweight’
Analyst Richard Paige reckons recent share price weakness means that that the balance between risk and reward is now “favourably skewed”
Well-received earnings gives Plus500 a boost
A look at some of the biggest risers and fallers in London today
FTSE 100 closes at 7,531 as new highs come in to view
The FTSE 100 index closed up 20.23 at 7,531, below the session peak of 7,533.74 and well above the day’s low of 7,511.71
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QinetiQ share price slump brings stock into Goldman's price range
At last night's close, it was still a (marginal) sell for Goldman's, but the stock has wilted again today
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QinetiQ shares tank as new contracts slow in the first quarter
QinetiQ has left its full year forecasts unchanged, supported by revenue growth in its businesses
Independent Oil & Gas flows higher as North Sea projects reach milestone
A look at some of the risers and fallers in London this afternoon
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BHP Billiton, Drax and TalkTalk to be among Wednesday’s highlights
Interim results are due from UK power firm Drax and a trading statement from TalkTalk will likely also garner investor attentions.
Prudential shares in demand; Metal Tiger and Falcon Oil & Gas strong gainers
Some of London's largest risers and fallers around 2.30pm included insurer Prudential, and small caps Metal Tiger and Falcon Oil & Gas ...
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All steady at defence contactor QinetiQ, with third-quarter trading "as expected"
Overall QinetiQ said it had “made encouraging progress in the implementation of its strategy to drive future growth” in the third-quarter.
FTSE 100 closes higher with banks betting on March US rate hike
FTSE 100 shares closed higher on Wednesday, led by banking shares which teamed up with their Wall Street brethren to cheer on what may be a US rate hike as soon as March
Precious metal miners find support as the price of gold rises again
Randgold Resources and Fresnillo both added 1% as the price of gold rose 0.3% to US$1,135 an ounce as the US dollar - in which it is priced - slipped back slightly.
Meggitt sells its defence division to QinetiQ Group for £57.5mln in cash
Meggitt said the disposal was in line “strategy to focus on businesses of scale in attractive markets where our leading positions offer greater potential for growth and operational efficiencies.”
FTSE 100 shares drift south from 2-month highs on debt fears
FTSE 100 shares drifted lower on Wednesday, retreating from the previous session’s two-month highs after official UK public borrowing figures came in worse than expected
Will Royal Mail deliver?
In July, the group said it was monitoring the Brexit situation as movements in gross domestic product were drivers for volumes of letter and business parcels
FTSE 100 Index rises as oil prices hit US$50 a barrel
The Footsie advanced 12.23 points to 6275 in early London trading
PREVIEW: Qinetiq Group margins in focus on Thursday
Qinetiq Group, Tate & Lyle and Legal & General are set to be among the announcements on Thursday.
Investments and investor services
Brokers: ‘Hold’ is the height of positivity for City analysts
IAG, Dunelm, QinetiQ, ARM Holdings, Smith & Nephew, Victrex and Oxford Instruments are all in Thursday’s broker spotlight.
Investments and investor services
Royal Bank of Scotland finally a ‘buy’, says UBS
RBS, Lloyds, Wood Group, Amec, Weir, Vodafone and QinetiQ are in Tuesday’s broker spotlight.
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Unilever surfing a volatile world - Deutsche
Deutsche has picked today to remind investors how good consumer giant Unilever is.
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QinetiQ's US arm awarded US$16mln contract
FTSE 250 security and technology firm QinetiQ (LON:QQ.) said its North American unit had entered into a US$16mln contract linked to the US Navy.
Defence shares rise on government's forces plan
Strategic Defence and Security Review is set to include extra £12bn of spending
Risers & Fallers: Atlas Dev, Beximco, China Nonferrous, New World Oil, Tethys, Walker Crips
Few saw this coming: a profit warning from a house builder.
Thursday's agenda - Mothercare among those reporting
A plethora of interims awaits investors tomorrow, including from South Africa based investment bank Investec and baby retail specialist Mothercare (LON:MTC).
Wednesday's agenda: Sainsbury marches up the aisle
Supermarkets defied the trend on a glum Tuesday but whether the repeat the trick on Wednesday could depend on Sainsbury's trading statement.
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Week Ahead: Sainsbury's to update on the trolley wars
Sainsbury is likely to report continued hard times for the grocers.
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Broker Spotlight – QinetiQ, BT, Telit , Stanley Gibbons ...
The recent rally in Qinetiq shares has gone too far