Babcock profit soars amid surge in global defence spending July 26, 2024 Babcock International has reported a jump in annual profit as the British defence giant once again benefits from a "sustained uplift" in global defence spending.
Qinetiq: ‘Good’ start to year helps defence firm to play catch-up on rivals July 18, 2024 A landmark deal with NATO and the ongoing success of long-term agreements in the UK and Australia have helped defence firm Qinetiq to welcome a "good" start to the year.
Babcock: Geopolitical tensions boost FTSE 250 firm’s revenue July 17, 2024 The FTSE 250 defence firm, which in March won a bumper £560m contract to refit one of the Royal Navy's Trident nuclear submarines, saw its underlying profit jump 34 per cent in the year ended March 31.
Babcock and Airbus chiefs call on UK to boost defence spending March 24, 2024 Two of the UK's biggest defence firms have called on the government to spend more on its armed forces amid the "changing face" of warfare.
Babcock: British defence giant signs nuclear submarine deal worth half-a-billion pounds March 1, 2024 In an update to markets this morning, the FTSE 250-listed company announced it had penned a contract worth £560m with UK's Submarine Delivery Agency (SDA).