Defence

QinetiQ secures $127m US SCO contract

Posted 4 October 2023

QinetiQ Group plc has been awarded a five year $127 million contract in the US from the Office of the Secretary of Defense Strategic Capabilities Office (SCO).

Above: Steve Wadey, Group Chief Executive Officer of QinetiQ.
Courtesy QinetiQ

QinetiQ will provide secure, technologically advanced services and products that will enable SCO to deploy new and enhanced capabilities in support of strategic operations.

This contract builds on our existing work and strong customer relationship with SCO, generating incremental growth on previous work. The contract will support our customers’ mission to identify, analyse, and prototype disruptive applications of new systems and implement emerging technologies to create operational effects that counter strategic adversaries.

Following the $224 million SDA contract award announced on 31st August 2023, this $127 million SCO contract is a further demonstration of Avantus continuing to win significant programmes that underpin our target of greater than 10% annual revenue growth from Avantus.

Steve Wadey, Group Chief Executive Officer of QinetiQ, said: "The award of this new contract is evidence of our US business continuing to deliver against our ambitious growth plan. The capabilities we acquired with Avantus last year are highly relevant to our customers and provide key services in support of their mission to solve some of the most complex national security challenges.”