OverviewSuggest Edit

QinetiQ is a science and engineering company that operates primarily in the defense, security, and aerospace markets. It provides de-risk complex aerospace programs, independent research, evaluation, and training services, as well as secure communication networks and devices, intelligence gathering, surveillance sensors, and cybersecurity solutions. The company develops and manufactures defense products specializing in unmanned systems, survivability and maritime systems, and products in related commercial markets. QinetiQ also offers fiber sensing solutions, small satellites, payload instruments, sub-systems, and ground station services.

TypePublic
Founded2001
HQFarnborough, GB
Websiteqinetiq.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Mar 2021)6,890(+15%)
Job Openings2
Revenue (FY, 2020)£1.1 B(+18%)
Share Price (Jul 2021)£3.3(-1%)
Cybersecurity ratingBMore

Key People/Management at QinetiQ

Steve Wadey

Steve Wadey

Chief Executive Officer
Vicky Weise

Vicky Weise

Group Function Director Business Transformation & Services
David Smith

David Smith

Chief Financial Officer & Director
Andy Thorp

Andy Thorp

Group Managing Director International
James Willis

James Willis

Group Managing Director Cyber & Information
Neville Salkeld

Neville Salkeld

Group Function Director Strategy & Planning
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QinetiQ Office Locations

QinetiQ has offices in Farnborough, Alverstoke, Amesbury, Ashford and in 41 other locations
Farnborough, GB (HQ)
Cody Technology Park Ively Road
Amesbury, GB
Boscombe Down
Ashford, GB
The Boulevard & Orbital Park Roundabout
Bristol, GB
Building 240, The Close, Bristol Business Park, Coldharbour Lane
Dorset, GB
Coastguard Cottages Grove Rd
Dunfermline, GB
Selkirk Rd, Dunfermline KY11
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QinetiQ Financials and Metrics

QinetiQ Revenue

QinetiQ's revenue was reported to be £1.07 b in FY, 2020 which is a 17.8% increase from the previous period.
GBP

Revenue (FY, 2020)

1.1b

Revenue growth (FY, 2019 - FY, 2020), %

17.8%

Net income (FY, 2020)

113.7m

EBITDA (FY, 2020)

184.5m

EBIT (FY, 2020)

117.6m

Market capitalization (22-Jul-2021)

1.9b

Closing stock price (22-Jul-2021)

3.3

Cash (31-Mar-2020)

105.8m
QinetiQ's current market capitalization is £1.9 b.
Annual
GBPFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

783.1m833.0m911.1m1.1b

Revenue growth, %

4%6%9%18%

Operating expense total

650.4m690.9m765.2m911.6m

Depreciation and amortization

29.0m29.3m42.9m41.0m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Revenue

392.5m420.3m486.5m

Operating expense total

325.8m359.5m410.4m

Depreciation and amortization

14.9m18.5m24.9m

EBITDA

82.4m47.3m93.4m
Annual
GBPFY, 2017FY, 2018FY, 2019FY, 2020

Cash

211.8m254.1m190.8m105.8m

Accounts Receivable

75.6m66.7m86.7m105.0m

Prepaid Expenses

13.4m13.4m19.2m29.9m

Inventories

28.9m38.1m40.1m52.3m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Cash

181.1m251.0m201.2m

Inventories

34.6m40.0m49.2m

Current Assets

402.9m434.6m432.3m

PP&E

245.9m278.9m333.4m
Annual
GBPFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

111.9m126.5m125.6m106.5m

Depreciation and Amortization

30.0m31.9m36.5m41.4m

Inventories

(10.8m)(500.0k)(11.3m)

Accounts Payable

(32.2m)(22.4m)21.7m35.5m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Net Income

64.1m50.1m62.2m

Depreciation and Amortization

14.9m15.9m24.9m

Inventories

(6.4m)(300.0k)(7.6m)

Accounts Payable

(27.6m)(23.6m)(30.0m)
GBPFY, 2017

Revenue/Employee

127.3k

Financial Leverage

1.8 x
Show all financial metrics

QinetiQ Operating Metrics

QinetiQ's Backlog was reported to be £3.1b in FY, 2020.
Show all operating metrics

QinetiQ Acquisitions / Subsidiaries

Company NameDateDeal Size
NSCFebruary 04, 2020
Manufacturing Techniques Inc.October 02, 2019$105 m
Inzpire Group LimitedOctober 22, 2018£23.5 m
E.I.S. Aircraft OperationsApril 24, 2018€70 m
RubiKon Group Pty LimitedFebruary 28, 2017
Meggitt Target SystemsDecember 21, 2016
QinetiQ Target Systems LimitedDecember 21, 2016£57.5 m
CyveillanceMay 06, 2009
Commerce Decisions LimitedOctober 13, 2008£9.9 m
QinetiQ Aerostructures Pty LtdFebruary 15, 2008
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QinetiQ Revenue Breakdown

Embed Graph

QinetiQ revenue breakdown by business segment: 88.1% from Services, 10.9% from Sales of Goods and 1.0% from Other

QinetiQ revenue breakdown by geographic segment: 31.0% from Other and 69.0% from United Kingdom

QinetiQ Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

QinetiQ Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

QinetiQ Online and Social Media Presence

Embed Graph

QinetiQ News and Updates

Defence firm Qinetiq lifts guidance as order book grows

Defence and security firm Qinetiq has raised its guidance for the full year after it reported a strong increase in The post Defence firm Qinetiq lifts guidance as order book grows appeared first on CityAM.

QinetiQ to build ozone-monitoring satellite for European Space Agency

British aerospace company QinetiQ received a 75 million euro ($82.6 million) contract from the European Space Agency to build a small satellite for ozone measurements.  SpaceNews.com

Focus on Runway Debris Monitoring System (RDMS) Market Changing the Way of Business in Upcoming Year with Profiling Key Xsight, QinetiQ, Stratech Systems, Trex Enterprises

The Runway Debris Monitoring System (RDMS) market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2020 to 2026 as the forecast period to estimate the marke…

QinetiQ lands ESA contract with new Belgian plant, aims to grow space business

British aerospace company QinetiQ will use a newly expanded factory to build heat transfer experiment infrastructure for the European Space Agency under a 9 million euro ($10 million) contract, the company announced Nov. 21.  SpaceNews.com

Qinetiq maintains full year outlook as it increases US presence

Defence and security company Qinetiq maintained its guidance for the full financial year this morning, as it announced that its [...] The post Qinetiq maintains full year outlook as it increases US presence appeared first on CityAM.

QinetiQ wins US Army’s small ground robot competition

The Army chose QinetiQ to produce its Common Robotic System—Individual ground robot following a competition between two platforms.
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QinetiQ Frequently Asked Questions

  • When was QinetiQ founded?

    QinetiQ was founded in 2001.

  • Who are QinetiQ key executives?

    QinetiQ's key executives are Steve Wadey, Vicky Weise and David Smith.

  • How many employees does QinetiQ have?

    QinetiQ has 6,890 employees.

  • What is QinetiQ revenue?

    Latest QinetiQ annual revenue is £1.1 b.

  • What is QinetiQ revenue per employee?

    Latest QinetiQ revenue per employee is £155.7 k.

  • Who are QinetiQ competitors?

    Competitors of QinetiQ include Ultra Electronics, TT Electronics and BAE Systems Australia.

  • Where is QinetiQ headquarters?

    QinetiQ headquarters is located at Cody Technology Park Ively Road, Farnborough.

  • Where are QinetiQ offices?

    QinetiQ has offices in Farnborough, Alverstoke, Amesbury, Ashford and in 41 other locations.

  • How many offices does QinetiQ have?

    QinetiQ has 45 offices.