MoD under fire for Qinetiq incentives Telegraph.co.uk - Charges of being too lax and allowing managers of Qinetiq to benefit from "excessive" rewards when the business was privatised are being vigorously rejected ...
QinetiQ wins radiation effects contract from United Kingdom militaryMilitary & Aerospace Electronics - Nashua,NH,USAQinetiQ in Farnborough, England, won a five-year $3.7 million contract from the United Kingdom Ministry of Defence (MOD) Research Acquisition Organization ...
QinetiQ was involved in the Metric Consortium, to locate an armed forces Defence Training Academy at St Athan to bring together training courses for the Army, Royal Navy and the Royal Air Force in one of the biggest privatisation projects ever. 5,500jobs
Rhrodri Morgan claimed it would create 5,500 jobs, he boasted about this just the other night in a TV debate. However, it is thought the base will create 1,500 jobs in the wider economy, as well as 1,500 construction jobs generated from building it. Rival bids from RAF Cosford and Blandford in Dorset failed to win the contract.
Showing posts with label quinetiq. Show all posts
Showing posts with label quinetiq. Show all posts
Tuesday, May 1, 2007
Wednesday, December 13, 2006
Biggest ever PFI Military Academy Wales
Watchdog sniffs around Qinetiq's bid for billion-pound defence deal 11/12/2006
http://www.publicprivatefinance.com/Document.aspx?ID=709565
The National Audit Office (NAO) could expand its investigation into the privatisation of defence contractor Qinetiq in order to examine whether the company's bid for a £10 billion defence private finance initiative contract created a conflict of interest.
The Ministry of Defence should choose a firm this month to lead its 30-year defence training programme, the UK's largest ever PFI scheme.
And a consortium led by Qinetiq, 19% owned by the ministry, is the hot favourite for the contract.But critics argue that this creates a clear conflict of interest because the government would benefit if Qinetiq wins.And Conservative MP for The Wrekin in Shropshire, Mark Pritchard, has written to the NAO, already looking into Qinetiq's privatisation, to scrutinise its bid."Most independent commentators have at least raised an eyebrow," he said. "But many are saying that there is a clear conflict of interest."And I would not be surprised if there was a legal challenge on these grounds if Qinetiq wins."
Under Qinetiq's plan, training for the armed forces would be transferred from sites in the West Midlands to a new academy in south Wales.But with elections in Wales due next year, critics also argue that Labour will give Qinetiq the contract to protect its constituencies in the region."There also is some concern that politics will play a role here," said Pritchard. "The Welsh elections and the personal political ambitions of Peter Hain [the secretary of state for Wales and potential deputy prime ministerial candidate] may not be an insignificant factor in the overall decision."Pritchard also asked the NAO to clarify whether the massive £10 billion contract will be recorded on the government's balance sheet.Less than half the total number of initiative deals are included in the Treasury's accounts.
http://www.publicprivatefinance.com/Document.aspx?ID=709565
The National Audit Office (NAO) could expand its investigation into the privatisation of defence contractor Qinetiq in order to examine whether the company's bid for a £10 billion defence private finance initiative contract created a conflict of interest.
The Ministry of Defence should choose a firm this month to lead its 30-year defence training programme, the UK's largest ever PFI scheme.
And a consortium led by Qinetiq, 19% owned by the ministry, is the hot favourite for the contract.But critics argue that this creates a clear conflict of interest because the government would benefit if Qinetiq wins.And Conservative MP for The Wrekin in Shropshire, Mark Pritchard, has written to the NAO, already looking into Qinetiq's privatisation, to scrutinise its bid."Most independent commentators have at least raised an eyebrow," he said. "But many are saying that there is a clear conflict of interest."And I would not be surprised if there was a legal challenge on these grounds if Qinetiq wins."
Under Qinetiq's plan, training for the armed forces would be transferred from sites in the West Midlands to a new academy in south Wales.But with elections in Wales due next year, critics also argue that Labour will give Qinetiq the contract to protect its constituencies in the region."There also is some concern that politics will play a role here," said Pritchard. "The Welsh elections and the personal political ambitions of Peter Hain [the secretary of state for Wales and potential deputy prime ministerial candidate] may not be an insignificant factor in the overall decision."Pritchard also asked the NAO to clarify whether the massive £10 billion contract will be recorded on the government's balance sheet.Less than half the total number of initiative deals are included in the Treasury's accounts.
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