QinetiQ Group PLC (LSE:QQ.) has won a contract of up to five years with the US Army's technology development arm.
The science and engineering company signed a five-year contract, worth up to US$45mln, to provide services to Development Command (DEVCOM).
Part of the contract means QinetiQ Group will provide its services to Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C4ISR) at the Fort Belvoir Prototyping Integration Facility.
DEVCOM is the US Army’s technology developer, while C4ISR will evaluate and test technical applications, according to the US Army’s website.
The contract will start with a one-year base period, followed by four one-year option periods, with the London-listed company providing system development, sensor integration and technology assessment among other things.
According to a statement, “this contract is an important competitive win for the business and reinforces our continued value to our customers.”
“It is the largest significant win for our strengthened US leadership team, focused on driving short-term operational performance and organic growth,” the statement added.
“This success demonstrates our strategy is working and provides further confidence as we prepare for the integration of our recently announced acquisition of Avantus Federal LLC.”