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QinetiQ secures A$23 million contract to supply TALON military robots to Australian Defence Force

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FTSE 250 constituent QinetiQ (LSE: QQ) has inked a deal with the Australian Defence Force to supply its ‘Talon’ military robot in a deal worth A$23 million.  


The Talon Robot has a number of tasks that it can be used to complete, including reconnaissance, hazardous material identification, police or Special Forces assistance and bomb disposal.


“The TALON robot is an excellent example of the world-leading technology that QinetiQ is able to deliver to our clients within Australia and the region,” said Mike Kalms, CEO of QinetiQ Australia. “We continue to work closely with our UK and US colleagues to ensure QinetiQ is able to offer an increasing portfolio of leading technology and service solutions to our Australian defence customers.”


QinetiQ Australia was formed in February 2008 with over 300 dedicated employees and a current annual turnover of approximately AS$50m. 

Quick facts: QinetiQ

Price: 338.8 GBX

LSE:QQ.
Market: LSE
Market Cap: £1.92 billion
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