REG - QinetiQ Group plc - Delivering growth in the US with $45m contract win

QinetiqAnnouncement

09/08/2022 07:00

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RNS Number : 3235V  QinetiQ Group plc  09 August 2022

News release

QinetiQ Group plc

Delivering organic growth in the US with $45m contract win

09 August 2022 - QinetiQ Group plc ("QinetiQ" or the "Company") has won a
contract to provide technical services to the US Army. The five year contract,
worth up to $45m, will provide services for the Development Command (DEVCOM)
Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance
and Reconnaissance (C4ISR) at the Fort Belvoir Prototyping Integration
Facility (PIF).

The contract, a 1-year base period followed by four 1-year option periods,
will provide technical services for system development, fabrication, sensor
and system integration, prototyping of multi-function sensor suites, and
technology assessment efforts aimed at supporting current and future DEVCOM
C5ISR PIF Belvoir customers.

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. 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.

About QinetiQ

QinetiQ (QQ.L) is a leading science and engineering company operating
primarily in the defence and security markets. We work in partnership with our
customers to solve real world problems through innovative solutions delivering
operational and competitive advantage. Visit our website www.QinetiQ.com
(http://www.QinetiQ.com) . Follow us on LinkedIn and Twitter @QinetiQ.  Visit
our blog www.QinetiQ-blogs.com (http://www.QinetiQ-blogs.com) .

For further information please contact:

 John Haworth, Group Director of Investor Relations:       +44 (0) 7920 545841
 Lorna Cobbett, Citigate Dewe Rogerson (Media enquiries):  +44 (0) 7771 344781

 

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