UK Defence review gives Qinetic turbulence

UK DEFENCE technology company QinetiQ reported short-term uncertainty because of findings from UK Ministry of Defence transformation and review programmes, announced in 2010. QinetiQ bosses said performance expectations in the current financial year “are unchanged despite ongoing challenging markets”. The FTSE 250-listed firm gave its interim statement on the same day it helped launch ESA IXV, an experimental space vehicle to test reusable launchers.