Qinetiq Group’s (OTCPK:QNTQF) (OTCPK:QNTQY) stock fell as much as 22% on Monday after the British defense and security firm cautioned investors about setbacks in the approval of short-term ...
Qinetiq is grappling with ongoing contract delays, which have impacted both its US arm and its UK intelligence business. Defence stocks are some of the hottest in Europe right now as government ...
Defence firm Qinetiq has come under pressure from contract delays despite global conflicts and uncertainty driving activity in the sector. It told shareholders on Monday morning that its UK ...
QinetiQ is also restructuring its U.S. business, expecting a charge of about 140 million pounds ($181.3 million) at year-end. The rest of its business under EMEA services and UK defence ...
The chaos unleashed by Donald Trump’s reluctance to back America’s allies has triggered a squeeze on defence spending, military contractor Qinetiq has warned. On Monday, the UK company cut its revenue ...
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