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QinetiQ shares rise on defence spending hopes, Berenberg raises target price

By Benjamin Chiou

Date: Monday 02 Jun 2025

(Sharecast News) - Shares in security and defence contractor QinetiQ were rising strongly on Monday on the back of news of increases to defence spending by the UK government, which broker Berenberg said underpins the outlook for the business.
In an interview with The Times published this weekend, defence secretary John...

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