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Qinetiq Group PLC (QQ.L)

QQ.L on London Stock Exchange

278.60GBp
21 Aug 2019
Change (% chg)

2.60 (+0.94%)
Prev Close
276.00
Open
274.40
Day's High
279.60
Day's Low
273.13
Volume
454,799
Avg. Vol
836,615
52-wk High
324.40
52-wk Low
265.00

Latest Key Developments (Source: Significant Developments)

Qinetiq Group Says Co Maintains FY Expectations
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Qinetiq Group PLC ::FIRST QUARTER TRADING UPDATE.MAINTAINING FULL YEAR EXPECTATIONS.REITERATING EXPECTATIONS FOR GROUP PERFORMANCE IN FY20 AS SET OUT IN OUR FY19 RESULTS STATEMENT.ON TRACK TO DELIVER MID-SINGLE DIGIT REVENUE GROWTH THIS YEAR.REVENUE UNDER CONTRACT IS NOW 85%, UP FROM 74% IN APRIL 2019.IN EMEA SERVICES, CONTINUED TO DELIVER ON OUR GROWTH STRATEGY WITH ORDERS AND REVENUE IN QUARTER AHEAD OF PRIOR YEAR AT EXPECTED MARGINS.GLOBAL PRODUCTS DIVISION ALSO PERFORMED WELL IN Q1 WITH ORDERS, REVENUE AND OPERATING PROFIT ALL AHEAD OF PRIOR YEAR.  Full Article

QinetiQ Secures 1.3 Bln Stg LTPA Amendment
Friday, 5 Apr 2019 

April 5 (Reuters) - Qinetiq Group PLC ::QINETIQ SECURES £1.3BN LTPA AMENDMENT.AMENDMENT TO LTPA SECURES £1.3BN OF REVENUE UNTIL 31 MARCH 2028.  Full Article

Qinetiq North America Wins U.S. Army CRS Contract Worth Up To $164 Mln
Friday, 15 Mar 2019 

March 15 (Reuters) - Qinetiq Group PLC ::QINETIQ NORTH AMERICA WINS U.S. ARMY CRS CONTRACT.SEVEN-YEAR INDEFINITE DELIVERY INDEFINITE QUANTITY CONTRACT, VALUED UP TO $164M.QNA HAS BEEN AWARDED A $4M INITIAL ORDER AS PART OF LRIP PHASE.  Full Article

Qinetiq Group Confirms Contract Win For Common Robotic System-Individual (Crs-I) Program For U.S. Army
Thursday, 14 Mar 2019 

March 14 (Reuters) - Qinetiq Group PLC ::US ROBOTICS CONTRACT UPDATE.CONFIRMS CONTRACT WIN FOR COMMON ROBOTIC SYSTEM-INDIVIDUAL (CRS-I) PROGRAM FOR UNITED STATES ARMY.  Full Article

Qinetiq North America Awarded $90 Million Contract
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Qinetiq Group PLC ::QINETIQ NORTH AMERICA AWARDED $90 MILLION INDEFINITE DELIVERY, INDEFINITE QUANTITY (IDIQ) CONTRACT TO SUPPORT SUSTAINMENT OF TALON® FAMILY OF ROBOTIC SYSTEMS..CONTRACT HAS AN EXPIRATION DATE OF DEC 16, 2023.CONTRACT AWARDED BY U.S. ARMY CONTRACTING COMMAND WARREN ON BEHALF OF PM FORCE PROJECTION'S ROBOTIC LOGISTICS SUPPORT CENTER.  Full Article

Qinetiq maintains expectations for FY 2019 performance
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Qinetiq Group PLC ::H1 UNDERLYING OPERATING PROFIT 51.1 MILLION STG VERSUS 57.5 MILLION STG YEAR AGO.H1 REVENUE ROSE 8 PERCENT TO 420.3 MILLION STG.H1 OPERATING PROFIT £47.3M.H1 PROFIT AFTER TAX £50.1M VERSUS 64.1 MILLION STG IN YEAR EARLIER PERIOD.DELIVERED ORGANIC GROWTH IN ORDERS AND REVENUE, OPERATING PROFIT IN LINE WITH EXPECTATIONS.9% ORGANIC INCREASE IN ORDERS.90% OF FY19 REVENUE UNDER CONTRACT, MAINTAINING EXPECTATIONS FOR GROUP PERFORMANCE.  Full Article

Qinetiq Group Wins Contract To Develop Software Defined Multifunction Lidar
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Qinetiq Group PLC ::QINETIQ TEAM WINS CONTRACT TO DEVELOP SOFTWARE DEFINED MULTIFUNCTION LIDAR AFTER SUCCESS IN UK DSC INNOVATION COMPETITION.WON CONTRACT TO DEVELOP ITS SOFTWARE DEFINED MULTIFUNCTION LIDAR TECHNOLOGY FROM A BENCH-TOP DEMONSTRATOR THROUGH TO A FLIGHT READY PAYLOAD.MULTI-MILLION POUND CONTRACT WHICH WILL BE MATCH-FUNDED BY QINETIQ LED TEAM HAS BEEN AWARDED BY UK DEFENCE SOLUTIONS CENTRE.  Full Article

Qinetiq Says Co Agreed To Acquire 85 Pct Of Shares Of Inzpire
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Qinetiq Group PLC ::STRATEGIC INVESTMENT IN INZPIRE.HAS AGREED TO ACQUIRE 85 PCT OF SHARES OF INZPIRE GROUP LIMITED.TOTAL DEAL CONSIDERATION OF £23.5 MILLION.AGREEMENT TO ACQUIRE REMAINING 15 PCT AFTER TWO YEARS.  Full Article

Qinetiq Says Co Wins Two Contracts By U.S. Office Of Naval Research
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Qinetiq Group PLC ::AWARDED TWO CONTRACTS BY US OFFICE OF NAVAL RESEARCH.  Full Article

Qinetiq To Acquire E.I.S. Aircraft Operations
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Qinetiq Group PLC ::QINETIQ - ENTERED INTO AN AGREEMENT TO ACQUIRE E.I.S. AIRCRAFT OPERATIONS CURRENTLY PART OF E.I.S. AIRCRAFT GROUP.QINETIQ GROUP PLC - DEAL FOR EUR 70 MILLION ON A CASH-FREE, DEBT-FREE BASIS.  Full Article