Qinetiq has now released its final results for the year ended 2016. Revenues declined when compared to last year as a £1.8M increase in US Government revenue and a £1.3M growth in property rental income was more than offset by … Continue reading
QinetiQ has now released its interim results for the year ending 2016. Revenues increased when compared to the first half of last year with a £4.3M increase in EMEA Services revenue, a £1M growth in global products revenue and a … Continue reading
QinetiQ provides testing facilities for high-tech defence applications, among other things. Revenue is recognised once the group has obtained the right to consideration in exchange for its performance. When the outcome of a contract can be estimated, revenue and costs … Continue reading