QinetiQ’s shares experienced its worst-ever one-day percentage fall after the U.K. defense company cut its revenue outlook for fiscal 2025, citing geopolitical uncertainty in the U.S. and ...
Qinetiq is grappling with ongoing contract delays, which have impacted both its US arm and its UK intelligence business. Defence stocks are some of the hottest in Europe right now as government ...
Qinetiq has warned its underlying profit guidance for this year will take a hit (Jonathan Brady/PA) Defence firm Qinetiq has come under pressure from contract delays despite global conflicts and ...
QinetiQ is also restructuring its U.S. business, expecting a charge of about 140 million pounds ($181.3 million) at year-end. The rest of its business under EMEA services and UK defence ...
(Alliance News) - QinetiQ Group PLC on Monday warned persistent tough near-term trading conditions and delays to a number of contract awards will mean sales will fall short of expectations.
(Reuters) -British defence and security company QinetiQ warned on Monday of delays in short-term contracts being awarded in the U.S. and UK, where new policies are being implemented after changes ...
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