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 A 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

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Simplify's Take

What believers are saying

  • FY2026 order intake hit £3.6 billion, and backlog reached £4.8 billion.
  • QinetiQ raised FY2026 operating profit 18% to £218 million and free cash flow 41%.
  • June 2026 Soteria licensing validates Q-TRED as monetizable battery-safety technology.

What critics are saying

  • QinetiQ cut about 1,000 roles in FY2026, signaling demand weakness and margin pressure.
  • The $31 million Federal IT Services sale shrinks QinetiQ's U.S. footprint after 2025.
  • If U.S. reset and UK program cadence slip, QinetiQ loses growth and scale.

What makes QinetiQ unique

  • QinetiQ turns UK MOD test ranges into high-switching-cost defense integration platforms.
  • Its DragonFire and MEWSIC roles embed QinetiQ inside complex, multi-year Royal Navy programs.
  • Q-TRED licensing extends QinetiQ beyond services into defensible battery-safety intellectual property.

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Funding

Total Funding

$4.3M

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

-1%

1 year growth

-1%

2 year growth

0%
PR Newswire
Jun 5th, 2026
Soteria licenses QinetiQ's thermal event detection tech for battery safety platform

Soteria Battery Innovation Group has licensed QinetiQ's Q-TRED thermal event detection technology for its Battery Safety IP Exchange platform. The technology uses coatings that emit detectable volatile compounds when battery cells reach elevated temperatures, enabling early warning of potential thermal runaway events before fires occur. Unlike traditional temperature monitoring at limited points, Q-TRED supports distributed sensing with volatile sensor molecules on every cell. Commercially available gas sensors can detect these compounds to alert systems of abnormal thermal conditions. The technology will be integrated into Soteria's IPX, a licensing platform bringing together battery safety innovations across cell materials, detection, mitigation and design. Soteria will partner with supply chain companies to develop Q-TRED for electric vehicles, energy storage systems, aerospace applications and other battery-powered devices.

Yahoo Finance
May 21st, 2026
QinetiQ Group posts record $4.8B order intake, raises dividend 24% despite US market pressures

QinetiQ Group reported revenue of just over £1.9 billion for full year 2026, with operating profit of £218 million and an operating margin exceeding 11%. Free cash flow surged over 40% to £159 million, whilst earnings per share increased 21% to 31.5p. The defence technology company achieved record order intake of £3.6 billion and an order backlog of £4.8 billion, up more than 40%. The company announced enhanced shareholder returns, increasing its dividend 24% to 11p and extending its share buyback programme by £200 million through 2029. However, QinetiQ faced challenges in the US defence services market due to budgetary pressures and undertook restructuring that included cutting approximately 1,000 roles. The company expects revenue growth of 3% to 5% for the coming year, with margins between 11% and 11.5%.

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).

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