Europe’s boosting defense spending. One company just lost all of its stock-market gains this year. - MarketWatch
1. QinetiQ's stock dropped 21% due to a profit warning. 2. The company faces contract delays impacting U.K. and U.S. divisions. 3. Analysts expected higher sales growth this year compared to current projections. 4. UK plans to increase defense spending to 2.5% of GDP by 2027. 5. QinetiQ maintains long-term growth optimism despite immediate challenges.