QinetiQ Group plc
17 January 2007
Wednesday 17 January 2007
QinetiQ appointed preferred bidder for Government's DTR programme
QinetiQ Group plc, a leading international defence and security technology
company, announces that Metrix, a joint venture between QinetiQ and Land
Securities Trillium, the UK's leading property outsourcing specialist, has been
appointed preferred bidder on Package One and provisional preferred bidder on
Package Two under the Government's Defence Training Rationalisation (DTR)
programme.
The consortium will now work with the Ministry of Defence over the next 12-18
months to finalise the details of the contracts.
The DTR comprises two packages. Package One primarily comprises technical
training, including aeronautical engineering and communications and information
systems. Package Two incorporates logistics, joint personnel administration,
security, languages, intelligence and photography as well as supply training.
Commenting on the announcement Graham Love, chief executive of QinetiQ, said:
'We are delighted that Metrix has been appointed as preferred bidder for the
MOD's DTR programme. DTR and the Metrix solution provide the chance to make a
step change in training delivery, supported by a bespoke environment for
training our armed forces for the 21st century. We look forward to working
closely with the MOD over the coming months to achieve financial close.'
- ends -
A teleconference for analysts and investors will be hosted by Doug Webb,
QinetiQ's chief financial officer, at 4:00pm on Wednesday 17th January 2007.
Please call +44 (0)20 7070 5465 to attend, quoting 'QinetiQ' as the password.
For further information please contact:
Metrix press office +44 (0)20 7861 3193
Adrian Colman, QinetiQ Investor Relations (d) +44 (0)1252 395366
(m) +44 (0)7740 432699
About Metrix
Metrix is a consortium of world-leading organisations, each with a track record
of delivery in their respective fields. It is a 50/50 joint venture between
QinetiQ and Land Securities Trillium. Other consortium members are
AgustaWestland, City and Guilds, Dalkia, EDS, Laing O'Rourke, Nord Anglia, Open
University, Raytheon, Serco and Sodexho.
This information is provided by RNS
The company news service from the London Stock Exchange
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