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Energy

QinetiQ wins £80mln contract from Ministry of Defence

QinetiQ Group PLC (LSE:QQ.) has won a 10-year contract with the Ministry of Defence worth £80mln.

In a statement the science and engineering company said the contract will provide expertise, training and support to accelerate and transform mission data production.

“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,” the group said.

QinetiQ added that the contract 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 its advanced military systems.

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.”

“We look forward to working together in partnership with the MoD delivering the next generation of mission data."

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