CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks. Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
Open platformOpen platform

QinetiQ agrees to sell US business to Serco for $292 million

By Public Technologies
  • QinetiQ agreed to sell its US business, QinetiQ Inc., to Serco for $292 million in cash.
  • Serco will acquire the entire issued share capital on a cash-free, debt-free basis, subject to customary completion adjustments.
  • The sale concludes a strategic review launched in May 2026, refocusing resources on UK, European NATO and key allied defence markets.
  • Following completion, £200 million of proceeds will fund additional share buybacks, adding £100 million annually in FY28 and FY29.
  • The remaining proceeds will strengthen the balance sheet to support increased investment in organic growth.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QinetiQ Group plc published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.