QinetiQ Group plc (QQ.L) announced a 127 million pounds contract from the UK MOD to provide engineering services for the Typhoon combat aircraft. The order is a five year contract providing a range of services for Typhoon. QinetiQ will also provide expertise to the Typhoon radar development programme and data analytics for operational missions. The contract was achieved through the EDP framework.
QinetiQ is a science and engineering company operating primarily in the defence, security and critical infrastructure markets.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.