Babcock to acquire remaining 50% of NSM joint venture
LONDON, UK: Babcock International Group has entered into a Sales and Purchase Agreement to acquire the remaining 50% interest in its Australian Naval Ship Management...
Babcock sells UK Power business for £50mn
LONDON, UK: Babcock International Group announced the completion of the sale of its Power business to M Group Services for a gross cash consideration of...
Babcock completes £293 million sale of Frazer-Nash
LONDON, UK: Babcock International Group announced the completion of the sale of Frazer-Nash and provides a short trading update for the half year ending 30...
Equitix buys Babcock’s stake in AirTanker for £126 million
LONDON, UK: Babcock International has entered into a definitive agreement with Equitix Investment Management Limited for the sale of its 15.4% shareholding in AirTanker Holdings...
Babcock selected as preferred bidder for UK naval frigate programme
LONDON: Babcock Team 31, led by Babcock Aerospace and Defence Company, has been selected by the UK Ministry of Defence as preferred bidder to deliver...