QinetiQ invests £20m to accelerate laser weapon technology
The investment will expand production capabilities for high-energy laser systems to counter drone threats.
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Global defence and security company
qinetiq.comLast updated
In short: QinetiQ reported solid financial results meeting expectations, secured major defense contracts, and invested £20m in laser technology.
The investment will expand production capabilities for high-energy laser systems to counter drone threats.
It collaborates with the UK MoD and allies to strengthen interoperability and effectiveness.
The company will operate containers at Faslane, enabling rapid on-site manufacturing of submarine components.
Revenue grew 1.3% organically, operating profit rose 18%, and free cash flow reached £159m.
RNS Number : 0449O QinetiQ Group plc 27 July 2026 TR-1: Standard form for notification of major holdings1. Issuer DetailsISINGB00B0WMWD03Issuer NameQINETIQ GROUP PLCUK or Non-UK...
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