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March 3, 2008

UK MoD Extends QinetiQ LTPA

The UK Ministry of Defence (MoD) has extended a long-term partnering agreement (LTPA) with QinetiQ for training and support services. The £951m contract is an extension of a contract originally signed in 2003, which is to be resigned every five years. The total value of the 28

By cms admin

The UK Ministry of Defence (MoD) has extended a long-term partnering agreement (LTPA) with QinetiQ for training and support services.

The £951m contract is an extension of a contract originally signed in 2003, which is to be resigned every five years.

The total value of the 28-year contract is £5.6bn.

QinetiQ will begin to manage 18 core MoD sites and administer non-tasking services, training support capability, maintain associated equipment, land and buildings.

The MoD hopes to save £700m over the course of the contract – in the first five years it has saved £22m.

By staff writer

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