NASA has awarded Lockheed Martin (NYSE: LMT), QinetiQ‘s space business and Space Flight Laboratory positions on the agency’s $6 billion procurement vehicle for spacecraft systems and related services through an on-ramp contracting procedure. The three awardees can vie for firm-fixed-price delivery orders from NASA centers and other feder...
Shawn Purvis, a more than 25-year defense and intelligence industry veteran and a 2021 Wash100 Award winner, will assume the dual role of president and CEO at QinetiQ Group’s U.S. arm on Feb. 16. She will oversee the operations of QinetiQ US and help the company pursue growth as a provider of defense and security...
Larry Prior, an operating executive for The Carlyle Group (Nasdaq: CG) and a five-time Wash100 Award recipient, will formally join the board of QinetiQ Group on Aug. 2 as an independent non-executive director. Neil Johnson, chairman of Qinetiq, said in statement Tuesday that Prior will bring to the company’s board his professional experience i...
Alfred Grein, acting director of the U.S. Army Combat Capabilities Development Command’s Ground Vehicle Systems Center, said the branch received four prototypes of its Robotic Combat Vehicle-Light platform from a QinetiQ North America–Pratt Miller partnership, Defense News reported Wednesday. He told attendees at an Association of the U....
U.K.-based defense technology company QinetiQ has signed a special security agreement with the Defense Counterintelligence and Security Agency to combine all of its defense and security operations in the U.S. under a single entity that will operate as QinetiQ Inc. Mary Williams, former president and CEO of sensor provider Manufacturing Techniques,...
The U.S. Army has informed the National Advanced Mobility Consortium that it will award other transaction agreements to QinetiQ North America and Textron (NYSE: TXT) to build two variants of a robotic combat vehicle. The military service said Thursday it expects to finalize the OTAs in mid-February to procure four light RCV units from QinetiQ NA a...
QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQ™s U.S. operations. œThe acquisition of MTEQ is a significant step towards...
QinetiQ has agreed to buy Lorton, Va.-based sensor provider Manufacturing Techniques for approximately $105M in a push to establish a global defense and security company. The deal, which is subject to legal and regulatory approvals, involves an additional $20M in cash and stock payments contingent on financial performance over a three-year period, Q...
QinetiQ North America has won a $152M initial contract to manufacture small unmanned ground robots for the U.S. Army’s Common Robotic System – Individual program, Defense News reported Thursday. A statement from Fort Benning in Georgia noted that the contract™s value may increase to $400M through follow-on awards and options. The Ar...
QinetiQ North America has received a potential five-year, $90M contract to help the U.S. Army modernize and sustain a family of robotic systems designed to neutralize explosives and support other military missions. The company will provide reset, maintenance and recap services for the Tactical Adaptable Light Ordnance Neutralizat...
