Preferred bidder for DTR

QinetiQ Group plc 17 January 2007 Wednesday 17 January 2007 QinetiQ appointed preferred bidder for Government's DTR programme QinetiQ Group plc, a leading international defence and security technology company, announces that Metrix, a joint venture between QinetiQ and Land Securities Trillium, the UK's leading property outsourcing specialist, has been appointed preferred bidder on Package One and provisional preferred bidder on Package Two under the Government's Defence Training Rationalisation (DTR) programme. The consortium will now work with the Ministry of Defence over the next 12-18 months to finalise the details of the contracts. The DTR comprises two packages. Package One primarily comprises technical training, including aeronautical engineering and communications and information systems. Package Two incorporates logistics, joint personnel administration, security, languages, intelligence and photography as well as supply training. Commenting on the announcement Graham Love, chief executive of QinetiQ, said: 'We are delighted that Metrix has been appointed as preferred bidder for the MOD's DTR programme. DTR and the Metrix solution provide the chance to make a step change in training delivery, supported by a bespoke environment for training our armed forces for the 21st century. We look forward to working closely with the MOD over the coming months to achieve financial close.' - ends - A teleconference for analysts and investors will be hosted by Doug Webb, QinetiQ's chief financial officer, at 4:00pm on Wednesday 17th January 2007. Please call +44 (0)20 7070 5465 to attend, quoting 'QinetiQ' as the password. For further information please contact: Metrix press office +44 (0)20 7861 3193 Adrian Colman, QinetiQ Investor Relations (d) +44 (0)1252 395366 (m) +44 (0)7740 432699 About Metrix Metrix is a consortium of world-leading organisations, each with a track record of delivery in their respective fields. It is a 50/50 joint venture between QinetiQ and Land Securities Trillium. Other consortium members are AgustaWestland, City and Guilds, Dalkia, EDS, Laing O'Rourke, Nord Anglia, Open University, Raytheon, Serco and Sodexho. This information is provided by RNS The company news service from the London Stock Exchange
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