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QinetiQ Group PLC on Tuesday said it has won a five year, $84 million contract in the US. The Farnborough, Hampshire-based defence technology company said it has won a contract for the testing and production of the next generation advanced bomb suit. It will deliver over 700 NGAB suits to the US army. QinetiQ explained that the new suit will replace the current 20 year old bomb suit and ‘will provide enhanced protection to its users in their daily operations to identify, render safe, and dispose of improvised explosive devices and other explosive threats.’ It added that the new suit will increase soldier survivability and readiness to respond to evolving threats by providing them with 360 degree ballistic protection. ‘This contract win is a great example of our advanced sensor and data processing capability delivering success and growth in our US business (formerly MTEQ), taking products from prototype into full-scale production,’ QinetiQ said. Shares in QinetiQ were down 0.2% to 316.52 pence each in London on Tuesday morning. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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