QinetiQ signs special security agreement with US DCSA

QinetiQ has signed a new special security agreement (SSA) with the US Defense Counterintelligence & Security Agency (DCSA).

Under the agreement, QinetiQ’s US defence and security operations will be brought together under a single entity.

It marks a major milestone in QinetiQ’s growth strategy.

The SSA replaces the prior proxy agreement for the QinetiQ’s North America.

Further, it will also include all operations carried out via manufacturing techniques (MTEQ). In December last year, QinetiQ completed the acquisition of MTEQ, a US provider of advanced sensing solutions.

The company’s unified US business employs 700 people across US sites in Virginia, Massachusetts and Pennsylvania.

QinetiQ Group Plc CEO Steve Wadey said: “Building on the acquisition of MTEQ, this new special security agreement enables us to fundamentally reset the way we go to market as an integrated global defence and security company.

“The way we have come together as a new team, and worked with the DCSA, to achieve the signing of this vital change at pace is notable.

“The SSA will enable much greater levels of collaboration, making it easier to build integrated business capture teams and to leverage investment across the Group.

“It will have a profound and positive impact on the way we work, building bigger propositions that add value to the US warfighter.”

Recently, QinetiQ North America won the US Army’s Robotic Combat Vehicle Light (RCV-L) programme.

In a separate development, QinetiQ announced the acquisition of software development and data analytics company Naimuri.

The cash-free, debt-free deal is valued at £25m. According to QinetiQ, it will report Naimuri in EMEA Services and manage within its Cyber & Information business.