QinetiQ launches Project Safari as QinetiQ stock trades at EUR 5.62

Published on 10/15/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Project Safari opens UK test facilities to small firms on October 10, 2026. QinetiQ stock costs EUR 5.62 on October 15, 2026.

Revenue and defense testing

Project Safari supports an extra GBP 2.5 billion in annual SME defense spending by October 10, 2026.
QinetiQ reported GBP 1,922.6 million in fiscal year 2026 revenue against GBP 1,931.6 million a year earlier.
QinetiQ stock trades at EUR 5.62 at 1:08 p.m. CEST at Lang & Schwarz on October 15, 2026.
QinetiQ is scheduled to report interim results on November 12, 2026.

Schwarzweiß-Reportagefoto von Ingenieuren mit robotischem Bodenfahrzeug in Hangar — QinetiQ Group plc (ISIN GB00B0WMWD03) entwickelt robotische Bodenfahrzeuge und Testinfrastruktur für Verteidigungs- und Sicherheitstechnik, Illustration mit AI erstellt.

QinetiQ (ISIN GB00B0WMWD03) was trading at EUR 5.62 at Lang & Schwarz on October 15, 2026 at 1:08 p.m. CEST. The company had launched Project Safari with the UK Ministry of Defence on October 10, 2026, according to GOV.UK.

Testing access expands

Project Safari is designed to give small and medium-sized companies a single route into the UK's sovereign test and evaluation facilities. The agreement also covers the first design stage of a multimillion-pound investment at MOD Hebrides for hypersonic missile and advanced technology testing, GOV.UK reported on October 10, 2026.

The initiative is linked to a UK defense plan that commits an additional GBP 2.5 billion each year for small and medium-sized enterprises by 2028. For QinetiQ, the commercial significance is indirect: the program can widen access to the facilities and expertise that support future defense technology programs.

What does the backlog mean?

QinetiQ's fiscal year 2026 revenue was GBP 1,922.6 million, compared with GBP 1,931.6 million in fiscal year 2025, while the company reported record order intake and a GBP 4.8 billion backlog in its investor update dated May 21, 2026, according to QinetiQ. The comparison points to stable annual sales alongside a larger forward order base, making execution and conversion into revenue central for the next reporting period.

Three dated milestones

On November 13, 2025, QinetiQ reported first-half revenue of GBP 900.4 million, according to Simply Wall St. On May 21, 2026, it reported fiscal year 2026 revenue of GBP 1,922.6 million and a GBP 4.8 billion backlog. On October 10, 2026, Project Safari added a new route for SMEs into UK defense testing facilities.

Next reporting date

QinetiQ's next scheduled event is its fiscal year 2027 interim results on November 12, 2026, according to the company's investor calendar.

Price and trading perspective

On the London Stock Exchange, QinetiQ was last at GBp 472.20 on October 15, 2026 at 12:16 p.m. BST while the market was open. The share's 52-week range was GBp 398.45 to GBp 576.50, and its market capitalization was GBP 2.4 billion on the same date.

The further course of trading is shown by the continuously updated real-time quote of QinetiQ stock.