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Babcock International Group PLC

Regulatory Filings Nov 15, 2019

4702_rns_2019-11-15_99db5b0c-bfa0-42b6-aa3b-33e94d2930c2.html

Regulatory Filings

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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 £250 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.

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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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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