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Stock impact report

QinetiQ US Expands to Huntsville, Bringing Mission-Led Innovation to Rocket City [Yahoo! Finance]

QINETIQ GROUP PLC ADR (QNTQY) 
NASDAQ:AMEX Investor Relations: qinetiq.com/investors
Company Research Source: Yahoo! Finance
Huntsville, Alabama , strengthening its commitment to delivering mission-led innovation to key defense and aerospace sectors. This strategic move enhances QinetiQ's ability to support critical programs such as the recently awarded U.S. Army Aerial Target Systems 3 (ATS-3) contract , which supports the U.S. Army's Threat Systems Management Office (TSMO) at Huntsville's Redstone Arsenal . The expansion positions QinetiQ to better serve current and future customers in the region. "Our expansion into Huntsville marks a significant milestone in QinetiQ's growth strategy," said Shawn N. Purvis , President and CEO of QinetiQ US. "For over 30 years, QinetiQ has been a leader in providing realistic threat representation through our advanced target systems and comprehensive support services. By establishing a presence in Rocket City, we're bringing this legacy of service and innovation to support the warfighter with cutting-edge solutions across multi-domain autonomous systems, ISR, mission Show less Read more
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