QinetiQ signs £1bn deal with Ministry of Defence to train troops



QinetiQ has signed a £1billion deal with the Ministry of Defence to offer training to troops for the next five years.



The military technology firm has a 25-year deal with the MoD running to 2028. But the contract has to be reviewed and renewed every five years.



Preparation: The military technology firm will offer training to troops

Yesterday the group agreed terms of the next half-decade stint for a price of £998milion. It will manage and maintain 17 MoD sites across the country, including running the testing and training facilities on each one.

It will also be responsible for making sure the training simulations are up to date and relevant to the challenges facing Britain’s armed forces.



Since the quarter-century agreement started in 2003, the group said it had made savings of £700million through efficiencies.



‘We are committed to continuing to invest in these capabilities over the next five-year period to provide this vital service to the MoD in support of the front line,’ said chief executive Leo Quinn.

