REG - QinetiQ Group plc - QinetiQ Awarded $92.6M Contract

QinetiqAnnouncement

30/03/2023 07:00

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RNS Number : 6812U  QinetiQ Group plc  30 March 2023

News release

QinetiQ Group plc

QinetiQ Awarded $92.6M Digital Night Vision Technology IDIQ Contract

30 March 2023 - QinetiQ Group plc ("QinetiQ" or the "Company") has won a
single award Indefinite Delivery Indefinite Quantity (IDIQ) by the U.S. Army
for a Digital Night Vision Technology (DNVT) contract worth up to $92.6M over
four years.

The DNVT effort utilises and continues more than two decades of Department of
Defense science and technology research, development and investment into
digital visible, low-light level and infrared cameras, image processing and
display component technologies, and integrated systems.

With QinetiQ support, the U.S. Army will continue to evolve capabilities via
DNVT through development, integration, experimentation, and laboratory and
platform test and evaluation including, but not limited to using digital
imaging, display, processing, and network architecture technologies to support
military operations.

DNVT will substantially enhance soldiers' situational awareness and
decision-making abilities by developing digital night vision capabilities
coupled with component technology enhancements including fused imagers,
display enhancements, and image processing hardware and algorithms.

Shawn Purvis, President and Chief Executive Officer of QinetiQ US, said:

 

"Digital Night Vision Technology will better enable soldiers to view and
understand information in tactical environments allowing them to react and
respond to real-time data. We are proud to support the critical needs of our
U.S. Army customers."

 

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
 Lindsay Walls, Group Director Communications (Media enquiries):  +44 (0) 7793 427582

 

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