QinetiQ

QinetiQ

Global defense, security, and aerospace engineering

Overview

QinetiQ is a global science and engineering company serving defense, security, and aerospace markets. It delivers advanced technologies, testing, evaluation, and integrated engineering services for government and commercial customers, including R&D, systems design, testing facilities, and program support to design, verify, and deploy defense and security solutions. The company originated from the UK's Defence Evaluation and Research Agency (DERA) and was privatized to become a private company, later expanding via Carlyle Group’s investment and a London IPO to grow, especially in the U.S. defense market. This mix of government-originated expertise and private-sector growth helps it offer broad, end-to-end capabilities across international projects. Its goal is to provide trusted science and engineering capabilities that help protect nations and people by delivering reliable defense, security, and aerospace solutions.

About QinetiQ

Simplify's Rating
Why QinetiQ is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Government & Public Sector

Aerospace

Defense

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Mary Tavy, United Kingdom

Founded

1956

Simplify Jobs

Simplify's Take

What believers are saying

  • FY2026 order intake reached £3.6 billion, with backlog at £4.8 billion.
  • Air Affairs Australia expands aviation sustainment and testing capabilities in a growing market.
  • Partnerships with Babcock, Texelis, and Velodyne deepen platform integration and autonomous systems reach.

What critics are saying

  • US defence services budget pressure already forced about 1,000 job cuts.
  • Government procurement delays will slow backlog conversion and compress the 11%-11.5% margin target.
  • Integration failures at Air Affairs Australia will dilute returns and distract management.

What makes QinetiQ unique

  • Born from DERA in July 2001, QinetiQ inherits deep government testing expertise.
  • QinetiQ combines defence engineering, technical testing, and research across air, land, sea.
  • Its global integrated defence and security platform spans the UK, Australia, and the US.

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Funding

Total Funding

$59.7M

Above

Industry Average

Funded Over

9 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
DeFLI
Oct 25th, 2024
DeFli Announce Series A Funding | DeFli Network

An insight in to our Series A round

The Defense Post
Dec 7th, 2022
QinetiQ Acquires New South Wales Firm Air Affairs Australia

UK-based engineering firm QinetiQ has acquired defense aviation service provider Air Affairs Australia.

QinetiQ
May 27th, 2022
Our History

QinetiQ was formed in July 2001, when the Ministry of Defence (MOD) split its Defence Evaluation and Research Agency (DERA) in two. The smaller portion of DERA, was rebranded Dstl (Defence Science & Technology Laboratory).

Naval Technology
Feb 21st, 2022
QinetiQ Group plc partners with Babcock Education

As part of the BEQ consortium, QinetiQ will work together with prime contractor Babcock International and Elbit Systems UK to deliver the capability for the UK Royal Navy surface platforms.

Army Recognition
Feb 17th, 2022
Texelis SAS partnered with QinetiQ Group plc on Jan 1st 21'.

At the Singapore Airshow this week, French manufacturer Texelis announces that together with its partner, QinetiQ, they have delivered the first in-wheel Electric Hub Drive and suspension prototype system for installation on an 8x8 armored vehicle.

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