US market remains challenging for Qinetiq
Qinetiq’s US divisions are suffering from a reduced US defence budget, and the impact of sequestration remains uncertain, the company has stated.
As a result, Qinetiq is currently undergoing a strategic review of its US services division to determine how to optimise its value in the current conditions. The company’s management is further controlling its costs tightly so the division can maintain its competitiveness, according to a statement released on 27 September.
In addition, the global products division in the US continues to beimpacted by the US budget cuts and sequestration uncertainty in addition to the withdrawal of overseas US military
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
UK releases security strategy and plans for future defence spending boost
The UK’s National Security Strategy brings together the recently released Strategic Defence Review (SDR), Strategic Security Review, AUKUS Review and Industrial and Trade Strategies. At the same time, the UK made a commitment to reach defence spending of 5% of GDP by 2035 and Germany committed to 3.5% by 2029.
-
Pentagon’s FY26 defence budget proposal is $130 billion more than US Congress plans to provide
The House Committee on Appropriations approved a FY2026 bill reducing investments in main defence programmes.
-
What role could holographic and 3D capabilities play in the warfare of tomorrow
Holographic and 3D technologies have been lauded by some for their ability to provide technical and operational advantages for military training and planning. But is the hype truly justified?
-
Unfolding the Golden Dome for America: Seven things you should know about the programme
Shephard talked to multiple experts about the most pressing concerns and considerations regarding the air defence system advocated by President Trump.
-
Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans
While industry reception to the SDR has been positive, questions still remain from analyst and trade associations about what this could mean for future investment and the future UK Defence Industrial Strategy.