QinetiQ Investor Overview

Annual Report FY25

Read more in our Annual Report and Accounts 2025.

Our purpose

QinetiQ is dedicated to protecting lives and securing the vital interests of our customers.

Who we are

We are a leading science and engineering company operating in the defence and security markets. We are an information, knowledge and technology-based company with the breadth and depth of over 8,000 highly dedicated employees.

What we do

We apply our unique technical expertise across the product lifecycle, helping our customers to create, test and use defence and security capabilities.

Where we operate

Revenue by customer location: UK 68%, Australia 8%, US 18%, Rest of the world 6%.

Revenue by division: EMEA Services 77%, Global Solutions 23%

Rest of the world (204 employees, 4 sites)

Segmental reporting

Reporting via EMEA Services and Global Solutions segments

We manage the business through four operating sectors, each with their own Chief Executive and Leadership Team. This outlines how the sectors correlate with our external reporting framework and the financial results for each segment.

EMEA Services (Click to view full res version)

Global Solutions (Click for full res version)

Operational highlights

Laser weapon for the Royal Navy in 2027

Following the UK Government’s decision to accelerate the deployment of this technology onto Royal Navy warships in 2027, together with our partners we have rapidly mobilised the next programme of work, securing £58m of orders in the year.

Delivering new communications solution for the front line

In the UK we are providing Defence Digital with engineering and programme expertise to work in partnership to deliver the next generation of tactical military communications that enables the British Army to make better and faster decision making when operating on the front line.

Expanding support for US customers

In the US we achieved more than 10% on-contract growth, across our major 5-year programmes that provide engineering services and mission support for the Space Development Agency, Strategic Capabilities Office and the Tethered Aerostat Radar System programme for Homeland Security.

Next Generation German Aerial Target Services

We play a vital role supporting the operational readiness of the German Armed Forces and secured a 10-year €284m contract to deliver aerial training services including close air support, maritime air operations, and ground control intercept and ground based air defence training.

Leading the Weapons Sector Research Framework

Our enterprise approach on weapons research in the UK will continue for a further two years and is worth up to £160m. It will increase the pace at which next generation weapons are being delivered to the front line via a network of established prime contractors, disruptive entrants and SMEs to advance state-of-the-art technologies.

Driving efficiency gains and operational benefits for UK Armed Forces

Under the Engineering Delivery Partner programme we continue to deliver advanced engineering services that are critical to national programmes and operational capability for the frontline including for E-7 Wedgetail, Challenger 3 and Dreadnought. We lead a thriving ecosystem of suppliers including more than 250 SMEs to ensure we harness the very best solutions.