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Stock impact report

QinetiQ US Awarded Contract to Support Delivery of EMALS and AAG on the U.S. Navy's Next-Generation Aircraft Carrier [Yahoo! Finance]

QINETIQ GROUP PLC ADR (QNTQY) 
NASDAQ:AMEX Investor Relations: qinetiq.com/investors
Company Research Source: Yahoo! Finance
San Diego, California to deliver control hardware and software for the Electromagnetic Aircraft Launch System (EMALS) and the Advanced Arresting Gear (AAG) to be installed on the U.S. Navy's next Ford-class aircraft carrier, the future Doris Miller (CVN 81). This contract reflects a multi-year production task to update, procure, assemble, and test launch control and arresting control hardware. For more than a decade, QinetiQ has supported GA-EMS and the U.S. Navy by providing the hardware and software for the EMALS Launch Control Subsystem, as well as control hardware and software for the AAG system. These systems were developed for and installed on the USS Gerald R. Ford (CVN 78) and future Ford-class carriers John F. Kennedy (CVN 79) and Enterprise (CVN 80). "QinetiQ US is honored to continue our partnership with General Atomics Electromagnetic Systems, delivering critical technology for the fourth ship in the Ford-class , CVN 81. Our ongoing commitment to excellence ensures tha Show less Read more
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