17th Jan 2007 12:44
QinetiQ Group plc17 January 2007 Wednesday 17 January 2007 QinetiQ appointed preferred bidder for Government's DTR programme QinetiQ Group plc, a leading international defence and security technologycompany, announces that Metrix, a joint venture between QinetiQ and LandSecurities Trillium, the UK's leading property outsourcing specialist, has beenappointed preferred bidder on Package One and provisional preferred bidder onPackage Two under the Government's Defence Training Rationalisation (DTR)programme. The consortium will now work with the Ministry of Defence over the next 12-18months to finalise the details of the contracts. The DTR comprises two packages. Package One primarily comprises technicaltraining, including aeronautical engineering and communications and informationsystems. 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 theMOD's DTR programme. DTR and the Metrix solution provide the chance to make astep change in training delivery, supported by a bespoke environment fortraining our armed forces for the 21st century. We look forward to workingclosely 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 recordof delivery in their respective fields. It is a 50/50 joint venture betweenQinetiQ and Land Securities Trillium. Other consortium members areAgustaWestland, City and Guilds, Dalkia, EDS, Laing O'Rourke, Nord Anglia, OpenUniversity, Raytheon, Serco and Sodexho. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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