Edition:
United Kingdom

Babcock International Group PLC (BAB.L)

BAB.L on London Stock Exchange

784.00GBp
23 May 2018
Change (% chg)

19.60 (+2.56%)
Prev Close
764.40
Open
801.00
Day's High
810.00
Day's Low
771.20
Volume
4,968,161
Avg. Vol
1,939,669
52-wk High
1,030.00
52-wk Low
604.00

Latest Key Developments (Source: Significant Developments)

Babcock Wins Italian Firefighting Contract
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Babcock International Group Plc ::BABCOCK AWARDED ITALIAN FIREFIGHTING CONTRACT.‍BABCOCK AWARDED ITALIAN FIREFIGHTING CONTRACT​.‍DUE TO START IN FEB, REBID WORTH TOTAL OF AROUND £160 MILLION FOR FIRST 4 YEARS; OPTION FOR 4-YEAR EXTENSION THAT COULD RAISE VALUE TO £320 MILLION​.  Full Article

Babcock To Bid For UK Ministry Of Defence's 1.25 Bln Stg Contract With Team Of Partners
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Babcock International Group Plc ::BABCOCK INTERNATIONAL - TO LEAD A TEAM OF INDUSTRY PARTNERS IN A BID FOR UK MINISTRY OF DEFENCE'S (MOD) NEW £1.25 BILLION TYPE 31E GENERAL PURPOSE LIGHT FRIGATE PROGRAMME​.  Full Article

UK's Babcock H1 revenue up 6 pct, sees more progress beyond this year
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Babcock International Group Plc six months ended 30 September 2017:‍profit before tax 181.9 million pounds​.‍we expect a slight improvement in overall group margin during second half​.‍revenue 2,316.7 million pounds​.‍Babcock remains confident that full year results will be in line with our expectations​.‍we will make further good progress beyond this year​.‍£146 million increase in underlying revenue; up 6%​.‍£11 million increase in underlying profit before tax; up 5%​.‍order book and bid pipeline increased to c£31 billion (fy17: c£30 billion)​.‍92% of revenue in place for this financial year; 59% of revenue in place for 2018/19​.‍despite volatile background, we continue to see opportunities across all our markets​.‍board continues to expect full year results to be in line with expectations​.‍we remain confident of making good progress this year and beyond.​.  Full Article

Babcock International Group awarded new regional contracts by UK Ministry of Defense
Friday, 17 Nov 2017 

Nov 17 (Reuters) - BABCOCK INTERNATIONAL GROUP PLC :CONTRACT AWARD.‍AWARDED THREE NEW REGIONAL CONTRACTS BY UK MINISTRY OF DEFENCE UNDER TECHNICAL SUPPORT SERVICES PROVISION FOR 17 SITES ACROSS WHOLE OF UK​.‍WORTH TOTAL AROUND £160 MILLION FOR FIRST FIVE YEARS FOR ALL THREE REGIONS, WITH OPTIONS FOR FURTHER TWO ONE-YEAR EXTENSIONS WHICH COULD INCREASE VALUE TO AROUND £220 MILLION​.  Full Article

Babcock says awarded defense contract from General Dynamics Electric Boat
Thursday, 13 Oct 2016 

Babcock International Group Plc : Contract award . As been awarded a competitive contract from General Dynamics Electric Boat . Says contract for this batch of CMC components is expected to be worth around 80 mln stg .Towards end of 2016 and expected to complete in early 2020s, with further opportunities expected from future batches.  Full Article

LMT says Sikorsky and Babcock sign 10-yr agreement for support for Babcock's S-92 helicopter fleet
Monday, 11 Jul 2016 

Lockheed Martin Corp :Sikorsky and Babcock Mission Critical Services Ltd today signed a 10-year agreement providing babcock's S-92 helicopter fleet with extended support for its aftermarket material needs.  Full Article

Babcock's confidence boosted by contract wins

LONDON Babcock said a number of major contract wins in Britain and abroad had increased its confidence that the British engineer would deliver steady organic revenue growth in the year ahead, helping to lift its shares on Wednesday.