Qinetiq

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Group.png Qinetiq   WebsiteRdf-icon.png
Qinetiq.gif
HeadquartersFarnborough, Hampshire, United Kingdom
Type• commercial
• weapons manufacturer
Staff9,000

Privatisation

QinetiQ was the "controversially" privatised British defence and security technology company[1]. According to The Guardian:

QinetiQ, part of what was the formerly state-owned Defence Evaluation and Research Agency, was floated earlier this year, making tens of millions of pounds for chairman Sir John Chisholm and chief executive Graham Love.

The UK government had already sold 31% of the company to US Carlyle Group for £42m, who later sold on part of their stake for £160m.

Qinetiq runs the British Government's secret military laboratories and was set up by the MOD to work with the Carlyle Group to run DERA, the British Government's "Defence Evaluation and Research Agency".[2]

Principals

Affiliations

Related Articles


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