Article

QinetiQ Group PLC reported strong order momentum with over £3 billion in orders year-to-date and a backlog of approximately £5 billion, ensuring 94% revenue visibility for the fiscal year ending March 31. The company anticipates around 3% organic revenue growth, an 11% margin, and a 15% to 20% increase in earnings per share, while also planning to return £150 million to shareholders through dividends and share buybacks. Recent contracts highlight significant expansions in defense capabilities, including a £205 million Typhoon support contract and funding for advanced weapon systems.