Full Year 2019 Qinetiq Group PLC Earnings Call Transcript
Okay. Good morning, everybody, and welcome to our full year results. I'd also like to thank our board members that have joined us here this morning. Welcome, Mark and James.
I want to start by mentioning this picture. This is our state-of-the-art control room and our test range in Scotland, delivered through the Long Term Partnering Agreements with the U.K. MOD known as the LTPA. Last week, this control room was in action for NATO's live fire exercise known as Formidable Shield 19, involving 13 nations to test and train their operational readiness against the world's most demanding sea skimming and ballistic missile threats.
This picture is symbolic of the signature of the GBP 1.3 billion contract amendment to the LTPA, the most significant milestone in QinetiQ's history since privatization, enabling us to modernize our core capabilities and secure a record order book of more than GBP 3 billion. The LTPA now positions us as a world leader in the generation and assurance of defense and security capability at a national level
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