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Qinetiq (QQ.) is a large multinational defence technology company headquartered in Farnborough, England. It operates as a science and engineering business in the defense, security, and aerospace markets worldwide. The company supplies a large variety of technology-based services and products to government and commercial clients. Its segments include EMEA Services and Global Products. Today, Qinetiq has several ongoing partnering agreements with the UK Ministry of Defence. The business has made multiple acquisitions, primarily of US-based companies. The Qinetiq share price is listed on the London Stock Exchange and included in the FTSE 250 Index. In 2018, the company’s annual revenue was £833 million. The business operates in the US, Canada, Australia, Belgium, Sweden, and the United Arab Emirates.
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The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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