Babcock International Group PLC Type 31 Contract Win (6267T)
November 15 2019 - 9:13AM
UK Regulatory
TIDMBAB
RNS Number : 6267T
Babcock International Group PLC
15 November 2019
15 November 2019
Babcock International Group PLC (Babcock or the Company)
Babcock awarded contract to deliver UK's Type 31 naval frigate
programme
Babcock, the Aerospace and Defence Company, has been awarded a
contract by the UK Ministry of Defence to deliver its newest fleet
of warships. The Type 31 general-purpose frigate programme will
provide the UK with a fleet of five ships, at an average production
cost of GBP250 million per ship.
The formal contract award follows the announcement earlier this
year that Babcock's Team 31 had been selected as Preferred Bidder
following a competitive process. Babcock's Arrowhead 140 is a
capable, adaptable and technology-enabled global frigate with a
proven design and build strategy.
The frigates will be assembled at Babcock's Rosyth facility, and
involve supply chains throughout the UK, in line with the UK's
shipbuilding strategy.
ends
For further information please contact:
Babcock International Group
PLC
Simon McGough Kate Hill
Group Investor Relations Group Director of Communications
Tel: +44 (0)20 3823 5592 Tel: +44 (0)20 7355 5312
FTI Consulting
Andrew Lorenz
Nick Hasell
Alex Le May
Tel: +44 (0)20 3727 1340
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END
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