QinetiQ has had a large presence in Australia since 2008 when we acquired three private companies specialising in aircraft structural integrity and defence advisory. The acquisitions enhanced our portfolio of defence and aerospace expertise and created synergies with the capabilities of QinetiQ in the UK. The Australian business has grown over the past decade by supporting defence customers on a number of long-term contracts.
QinetiQ was originally formed in July 2001, when the UK Ministry of Defence split its Defence Evaluation and Research Agency (DERA) in two. The smaller portion of DERA was rebranded Dstl (Defence Science & Technology Laboratory) and the larger part, including most of the non-nuclear testing and evaluation establishments, was renamed QinetiQ and became a public private partnership in 2002.The company was successfully floated on the London Stock Exchange in 2006.