Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksQinetiq Share News (QQ.)

Share Price Information for Qinetiq (QQ.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 443.20
Bid: 440.60
Ask: 442.60
Change: -7.40 (-1.64%)
Spread: 2.00 (0.454%)
Open: 441.20
High: 450.40
Low: 440.80
Prev. Close: 450.60
QQ. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE: QinetiQ US Robotics Contract Worth Up To USD164 Million

Fri, 15th Mar 2019 08:00

LONDON (Alliance News) - QinetiQ Group PLC on Friday revealed that its new robotics contract with the US Army is worth up to USD164 million over its seven-year life.

The contract is for the US Army's Common Robotic System-Individual contract, with defence contractor QinetiQ delivering small ground robots.

The robots, which are used to carry items, will be "back-packable" and will have advances sensors as well as being capable of detecting and countering hazards.

The indefinite delivery indefinite quantity contract includes a low rate initial production phase worth around USD20 million over a period of one to two years. QinetiQ's has already been awarded an initial USD4 million order as part of the initial production phase.

This phase will then be proceeded by a "series of annual production releases".

Jeff Yorsz, president of QinetiQ's North America unit, said: "Providing robust, reliable, and exceptionally capable ground robots to support our armed services has been a driving passion at QinetiQ North America for decades now.

"Our Common Robotic System-Individual robot combines performance, intuitive control, and easy transport with a very competitive price point. This will redefine the market for next-generation back-packable robots."

More News
18 Mar 2022 09:37

LONDON BROKER RATINGS: HSBC takes positive stance on blue-chip miners

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
28 Feb 2022 12:18

LONDON MARKET MIDDAY: Stocks slide as Russia and Ukraine set for talks

(Alliance News) - Stock prices in London were lower at midday on Monday as investors fret about the implications of strict sanctions on Russia after its invasion of Ukraine, even as the two sides started negotiations.

Read more
28 Feb 2022 10:28

JPMorgan upgrades Qinetiq as it looks at European defence sector

(Sharecast News) - JPMorgan Cazenove upgraded Qinetiq on Monday as it said Russia's invasion of Ukraine has "fundamentally changed" the landscape for the European defence sector.

Read more
28 Feb 2022 10:16

European defence stocks surge as Germany boosts military spending

LONDON, Feb 28 (Reuters) - European defence stocks surged in a falling market on Monday after news that Germany will increase its military spending in response to Russia's invasion of Ukraine.

Read more
28 Feb 2022 09:51

LONDON BROKER RATINGS: Stifel prefers AstraZeneca over GlaxoSmithKline

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
28 Feb 2022 09:02

LONDON MARKET OPEN: Defence names up as Germany to strengthen military

(Alliance News) - Stock prices in London opened sharply lower on Monday as world powers imposed the harshest sanctions ever on Russia for its invasion of Ukraine, while President Vladimir Putin put nuclear forces on a higher alert.

Read more
28 Feb 2022 08:18

LONDON BRIEFING: BP keeps guidance intake despite Rosneft exit hit

(Alliance News) - Oil major BP said its decision to exit its stake in Russia's Rosneft will not harm its ability to increase payouts.

Read more
28 Jan 2022 16:13

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
19 Jan 2022 09:46

LONDON BROKER RATINGS: BofA cuts Safestore, Capco and Hammerson

LONDON BROKER RATINGS: BofA cuts Safestore, Capco and Hammerson

Read more
18 Jan 2022 12:14

LONDON MARKET MIDDAY: Markets red as inflation worries return to fore

LONDON MARKET MIDDAY: Markets red as inflation worries return to fore

Read more
18 Jan 2022 09:32

TOP NEWS: QinetiQ in "strong" third quarter; sees large pact clarity

TOP NEWS: QinetiQ in "strong" third quarter; sees large pact clarity

Read more
18 Jan 2022 07:33

Qinetiq to meet FY expectations after 'strong' progress in Q3

(Sharecast News) - Qinetiq said on Tuesday that it was on course to deliver on its full-year expectations after "strong" progress in the third quarter.

Read more
17 Jan 2022 10:05

Qinetiq names Shawn Purvis as new CEO for US business

Qinetiq names Shawn Purvis as new CEO for US business

Read more
17 Jan 2022 07:48

Qinetiq names Shawn Purvis as president and CEO of US operations

(Sharecast News) - Defence technology company Qinetiq named Shawn Purvis as president and chief executive of Qinetiq US on Monday, effective 16 February.

Read more
12 Jan 2022 15:01

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.