QinetiQ Group PLC (QQ.) · 2026-11-12
Strategic review completed and US sale agreed
QinetiQ Group has agreed to sell its US business to Serco for US$292 million in cash, subject to completion adjustments and approvals. The deal is paired with an approximately £175 million non-cash impairment charge, while QinetiQ expects to add £200 million to FY28-FY29 buybacks after completion.