QinetiQ wins £127m Typhoon contract through EDP

RNS Number : 3814K

QinetiQ Group plc

04 January 2021

 

News Release

 

QinetiQ Group Plc

QinetiQ wins £127m Typhoon contract through EDP

4 January 2021 - QinetiQ Group plc ("QinetiQ" or "the Group") is pleased to disclose details of a £127m 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 £500m.

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 £500m 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:	[phone]
Chris Barrie, Citigate Dewe Rogerson (Media enquiries):	[phone]

 

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