LSE:QQ 17 May 2026

QinetiQ (LON:QQ) shares surge after BlackRock stake move draws attention

QinetiQ (LON:QQ) shares surge after BlackRock stake move draws attention

QinetiQ Group plc shares moved higher Thursday, part of a wider rise in UK defence names. The key detail for investors showed up in the shareholder filings: BlackRock Inc. increased its stake right after QinetiQ completed buybacks at prices below where the stock trades now. QinetiQ outperformed the FTSE 250 by 6.8 percentage points. AJ Bell said about 4.65 million shares traded. The shares hit 485.60p at the session peak, but stayed under the 52-week high of 551.50p.
July 2, 2026
UK Typhoons to Take On Iranian Drones With Lower-Cost Weapons

UK Typhoons to Take On Iranian Drones With Lower-Cost Weapons

UK moves new anti-drone weapon to RAF Typhoons in Middle East Britain said Sunday it has put a low-cost anti-drone weapon onto Royal Air Force Typhoon fighter jets in the Middle East, shifting the kit from trials to actual missions in under two months. The Advanced Precision Kill Weapon System, or APKWS, gives pilots a cheaper option for shooting down drones compared to the bigger missiles now used for some intercepts. Small attack drones have made air defence as much a cost issue as a tactical one. Iran has hit Israel and Gulf states where U.S. forces are based after U.S. and Israeli attacks on Iran in late February. This month, Washington approved sales of APKWS to Qatar, Israel and
May 17, 2026