QinetiQ Group plc QinetiQ wins GBP127m Typhoon contract through EDP (3814K)
04 January 2021 - 6:00PM
UK Regulatory
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RNS Number : 3814K
QinetiQ Group plc
04 January 2021
News Release
QinetiQ Group Plc
QinetiQ wins GBP127m Typhoon contract through EDP
4 January 2021 - QinetiQ Group plc ("QinetiQ" or "the Group") is
pleased to disclose details of a GBP127m contract from the UK MOD
to provide engineering services for the Typhoon combat aircraft.
This contract has been won through the Engineering Delivery Partner
(EDP) framework and was included in our announcement, on 12
November 2020, that the total orders achieved through EDP since
inception now exceeds GBP500m.
The order is a five year contract providing a range of services
for Typhoon, from planning and acceptance through to regulatory
assurance, trials support and optimisation of in-service
capability. QinetiQ will also provide expertise to the Typhoon
radar development programme and data analytics for operational
missions. This win has been achieved through the EDP framework,
highlighting our added-value and long-standing support to Defence
Equipment and Support (DE&S) on Typhoon, and signals a strong
start to the second half of the financial year for QinetiQ.
EDP is an example of our strategy in action, enabling UK MOD to
deliver their programmes more efficiently and effectively,
realising significant savings, minimising delays and acting as a
catalyst for innovation in engineering services. EDP is the
established default route-to-market for engineering services for
DE&S and provides both capacity and capability across all
service areas, increasing the engagement with SME's within the
defence sector supply chain.
Nic Anderson, QinetiQ Group Managing Director Air & Space,
said: "Through EDP we provide essential engineering expertise to
the UK MOD and are proud to contribute to the UK's critical defence
capabilities through the Typhoon programme. This significant
contract takes total orders through EDP to over GBP500m since
inception two years ago - an excellent example of our strategy in
action, delivering significant savings and innovation for the UK
MOD."
About QinetiQ:
QinetiQ is a leading science and engineering company operating
primarily in the defence, security and critical infrastructure
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 .
Follow us on LinkedIn and Twitter @QinetiQ. Visit our blog
www.QinetiQ-blogs.com .
About EDP:
The EDP programme is the established default route for
contracted engineering services for DE&S and is available for
use by the wider MOD community. EDP is delivered by the Aurora
Engineering Partnership, formed by long-term DE&S suppliers
QinetiQ, Atkins and BMT and supported by a world class provider
network of specialist providers.
For further information please contact:
John Haworth, Group Head of Investor Relations: +44 (0) 7920 545841
Chris Barrie, Citigate Dewe Rogerson (Media
enquiries): +44 (0) 7968 727289
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END
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