Self-help and Q-Net popularity lift QinetiQ

Privatised defence firm QinetiQ posted a rise in underlying pre-tax profit, despite a decline in revenues which reflected the uncertain trading environment and contract delays in the US and UK defence markets.

Privatised defence firm QinetiQ posted a rise in underlying pre-tax profit, despite a decline in revenues which reflected the uncertain trading environment and contract delays in the US and UK defence markets.

The exceptionally strong demand for its Q-Net vehicle survivability product last year was also reported to be a factor in the improved performance.

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