Capital/Financing Update • Feb 17, 2016
Capital/Financing Update
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National Storage Mechanism | Additional information
RNS Number : 3273P
Babcock International Group PLC
17 February 2016
17 February 2016
Babcock International Group PLC (Babcock or the Group)
Babcock selected as contractor for Phoenix II
The UK government's Ministry of Defence (MOD) has today confirmed its decision to award Babcock a six-year contract for the provision and management of its white fleet of vehicles.
The Phoenix II contract, which is subject to an obligatory standstill period of no less than 10 calendar days, replaces Babcock's existing Phoenix I contract which was awarded in 2011. The new contract is expected to come into effect on 29 February 2016.
Ends
Enquiries
| Babcock International Group PLC | 020 7355 5300 |
| Franco Martinelli Kate Hill |
|
| FTI Consulting | 020 3727 1340 |
| Andrew Lorenz | |
| Nick Hasell |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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