QinetiQ Group Plc (QQ/) is planning joint ventures for the first time to develop simulation and training projects and a fiber-optic cable product called OptaSense, the Sunday Telegraph reported, without saying where it got the information.
QinetiQ’s Chief Executive Officer Leo Quinn is seeking to split the company’s business into three units, according to the newspaper. The core division will focus on defense and aerospace technologies, such as remote bomb-disposal devices, while the other two will carry out more experimental research, the Telegraph said.
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