Business
QinetiQ Awarded $92.6M Contract
QinetiQ Awarded $92.6M Contract.
About this update from Qinetiq Group Plc
[{"type":"text","content":"\n \n \n \n \n \n News release\n \n \n \n \n \n \n \n \n QinetiQ Group plc\n \n \n \n \n QinetiQ Awarded $92.6M Digital Night Vision Technology IDIQ Contract\n \n \n \n \n 30 March 2023\n \n - QinetiQ Group plc (\"QinetiQ\" or the \"Company\") has won a single award Indefinite Delivery Indefinite Quantity (IDIQ) by the U.S. Army for a Digital Night Vision Technology (DNVT) contract worth up to $92.6M over four years.\n \n \n The DNVT effort utilises and continues more than two decades of Department of Defense science and technology research, development and investment into digital visible, low-light level and infrared cameras, image processing and display component technologies, and integrated systems. \n \n \n With QinetiQ support, the U.S. Army will continue to evolve capabilities via DNVT through development, integration, experimentation, and laboratory and platform test and evaluation including, but not limited to using digital imaging, display, processing, and network architecture technologies to support military operations.\n \n \n DNVT will substantially enhance soldiers' situational awareness and decision-making abilities by developing digital night vision capabilities coupled with component technology enhancements including fused imagers, display enhancements, and image processing hardware and algorithms.\n \n \n Shawn Purvis, President and Chief Executive Officer of QinetiQ US, said:\n \n \n \n \n \n \n \"Digital Night Vision Technology will better enable soldiers to view and understand information in tactical environments allowing them to react and respond to real-time data. We are proud to support the critical needs of our U.S. Army customers.\"\n \n \n \n \n \n \n \n About QinetiQ\n \n \n \n QinetiQ (QQ.L) is a leading science and engineering company operating primarily in the defence and security markets. We work in partnership with our customers to solve real world problems through innovative solutions delivering operational and competitive advantage. Visit our website\n \n \n www.QinetiQ.com\n \n \n . Follow us on LinkedIn and Twitter @QinetiQ. Visit our blog\n \n \n www.QinetiQ-blogs.com\n \n \n .\n \n \n \n For further information please contact\n \n :\n \n \n \n \n \n \n John Haworth, Group Director of Investor Relations:\n \n \n \n \n +44 (0) 7920 545841\n \n \n \n \n \n \n Lindsay Wall...