Who we are
We are a leading science and engineering company operating primarily in the defence and security markets. We are an information, knowledge and technology based company with the breadth and depth of more than 6,500 highly dedicated employees.
What we do
We apply our unique technical expertise across the product life-cycle, helping our customers to create, test and use defence and security capabilities. Not only do we develop cutting-edge technology and turn it into a capability, we also tell customers if that capability will work when it is critically needed and ensure they are trained and operationally ready to use it when it matters.
Anticipating the current, emerging and future threat environment and proactively understanding our customers’ needs to provide mission-led innovation is critical to our success.
QinetiQ is dedicated to protecting lives, defending sovereign capability and securing the vital interests of our customers.
Where we operate
We are a global company delivering mission-led innovation around the world. Our home countries, where we have more than 500 people in-country are the UK, US and Australia. We also have a significant in-country presence in Canada, Germany and Belgium.
Many of our facilities around the world are unique assets that are critical to maintaining national defence capabilities, and are often the only place where certain trials can take place.
A core pillar of our strategy is to grow our international revenue to over 50% of Group. Since we launched our strategy in 2016 we have grown our international revenue from 21% to 33% of Group revenue, supported by both organic and inorganic growth.
How we are structured
We report through two divisions; EMEA Services and Global Products. Within these two divisions our business units are aligned to customer domains or geographies.
Revenue: £939.9m (FY20 £797.4m) / Underlying operating profit: £118.6m (FY20 £100.6m)
Combines world-leading expertise with unique facilities to generate and assure capability. It does this through capability integration, threat representation and operational readiness, underpinned by long-term contracts that provide good revenue visibility and cash generation. EMEA Services constitutes four business units:
Revenue: £338.3m (FY20 £275.5m) / Underlying operating profit: £33.2m (FY20 £32.6m)
Delivers innovative solutions and products to meet customer requirements. It undertakes contract-funded research and development, developing intellectual property in partnership with key customers and through internal funding with potential for new revenue streams. Global Products constitutes three business units:
Read more in our Annual Report and Accounts 2021.