LONDON, UK: Babcock International, the global aerospace and security company, has completed the sale of its Oil and Gas aviation business to CHC Group LLC for a cash consideration of £10 million. The Oil and Gas aviation business, which is part of the Group’s Aviation sector, provides offshore oil and gas crew transportation services in…
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Babcock International sells Frazer-Nash Consultancy for £293mn
LONDON, UK: Babcock International Group has entered into a definitive agreement with KBR for the sale of its wholly owned subsidiary Frazer-Nash Consultancy Limited for a cash consideration of £293 million, a news release said. Headquartered in the UK, Frazer-Nash Consultancy delivers innovative engineering and technology solutions across a broad range of critical national infrastructure,…
Babcock appoints Will Erith as new Marine CEO
LONDON: Babcock International Group, the aerospace and defence company, announced that Will Erith has been appointed as CEO of its Marine sector, effective immediately. Will was previously Managing Director of the Surface Ships Business Unit within the Sector, and before this held a range of leadership roles at Rolls Royce including international appointments based in…
Babcock International
Babcock International is a multinational corporation headquartered in the United Kingdom. It specialises in managing complex assets and infrastructure. Although the company has civil contracts, its main business is with public bodies, particularly the United Kingdom’s Ministry of Defence and Network Rail. The company has four operating sectors, with overseas operations based in Africa, North…