Industrials
Babcock says Brexit and Covid beset Royal Navy contract as profits plunge
Underlying operating profits down 19% with 2019 frigate-building programme making loss, firm reports. One of the UK's biggest defence contractors has blamed Br…
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Babcock
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Latest on Babcock
Newest firstGeopolitics
Babcock, Frankenburg plan launcher for 'smallest' anti-drone missile
Tallinn, Estonia-based Frankenburg says it aims to develop missile systems that are ten times cheaper and a hundred times faster to produce.
Transport
Babcock Rail makes £5m loss after rail framework slowdown
Contractor Babcock Rail has slipped to a pre-tax loss after work dried up on a number of frameworks and some client budgets decreased. Babcock Rail reported a…
Industrials
Babcock, Fincantieri, Saab seek Poland ties as 'Orca' sub award nears
The European players inked cooperation agreements with PGZ on the first day of this year's MSPO defense industry show in Kielce, Poland.
