24th Mar 2016 07:37
LONDON (Alliance News) - Defence services company QinetiQ Group PLC on Thursday affirmed it is on course to meet its expectations for the full year.
The FTSE 250-listed company, which has operations spanning robotics, weapons and procurement advisory services, said its EMEA Services division has traded in line in the fourth quarter to the end of March thus far, with a boost coming from its Australian arm winning a five-year follow-on deal to provide aircraft structural integrity services to the Australian Defence Force's Directorate General Technical Airworthiness.
Trading in QinetiQ's Global Products arm also was trading in line with expectations, with its US arm winning small robot contracts and survivability orders secured both in the US and internationally.
QinetiQ will publish its results for the year to March 31 on May 26.
By Sam Unsted; [email protected]; @SamUAtAlliance
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