QinetiQ Weighs Options for Troubled U.S. Arm as It Raises 2027 Targets
QinetiQ said it is evaluating all possibilities for its underperforming U.S. operations as it upgraded its revenue growth and operating margin outlook for fiscal 2027. The move, paired with a large increase in order intake and a higher profit result, sent the stock sharply higher despite ongoing challenges in the U.S. defence services market.