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Business/Financial

QinetiQ Enters Test And Evaluation Partnership With U.K. MoD

DDN

Friday, March 7th, 2008

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QinetiQ March 3 announced it signed with the U.K. MoD a five-year, approximately $1.8 billion firm price agreement confirming price, volume and availability for the Long Term Partnering Agreement (LTPA) for Test and Evaluation (T&E) and Training Support services for the next five years through to March 2013. "We needed to maintain sovereign capabilities but also reduce overall costs and this ongoing partnering arrangement with QinetiQ allows us to achieve this," MoD Weapons Commercial Director Rob Bellis said. "Over the…

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