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UK signs $2 billion contract extension with defence firm QinetiQ

Published by Global Banking & Finance Review

Posted on May 22, 2025

1 min read

· Last updated: January 23, 2026

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LONDON (Reuters) -Britain said on Thursday it signed a 1.5 billion pound ($2.01 billion) five-year contract extension with defence company QinetiQ for it to provide testing and evaluation of military

UK signs $2 billion contract extension with defence firm QinetiQ

LONDON (Reuters) -Britain said on Thursday it signed a 1.5 billion pound ($2.01 billion) five-year contract extension with defence company QinetiQ for it to provide testing and evaluation of military equipment, including missile firings and test pilot training.

($1 = 0.7457 pounds)

(Reporting by Muvija M, writing by Sam Tabahriti)

Key Takeaways

  • UK signs a $2 billion contract extension with QinetiQ.
  • The contract covers military equipment testing and evaluation.
  • Includes missile firings and test pilot training.
  • The contract is valued at 1.5 billion pounds.
  • The extension lasts for five years.

Frequently Asked Questions

What is the value of the contract signed with QinetiQ?
The contract signed with QinetiQ is valued at 1.5 billion pounds, which is approximately $2.01 billion.
What is the duration of the contract extension?
The contract extension with QinetiQ is for a duration of five years.
What services will QinetiQ provide under this contract?
QinetiQ will provide testing and evaluation services for military purposes as part of the contract.

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