Who is babcock

Chairman Ruth Cairnie said Mr Bethel had been "instrumental in growing Babcock from a small cap to a leading defence business". The contractor has won a deal to supply the Australian Ministry of Defence with new weapons handling systems for its submarines. The FTSE company said work to design and build the systems will start straight away. The preliminary design stage will take place in Bristol, before being handed over to Babcock's Australian business.

Archie Bethel, the firm's chief executive, said: "The ability to transfer our unique Babcock intellectual property, know-how and expertise internationally across the group allows us to play an increasing role in ensuring the defence of countries around the world. It's shares have recovered slightly from earlier falls and are now down 2. The new generation of Royal Navy frigates is to be designed and built by engineering firm Babcock.

Today Programme. BBC Radio 4. Defence Secretary Ben Wallace also spoke to Today about the new contract to build frigates , which he said would bring "2, British jobs for British workers". We need to help support our yards, give them help where it's needed for productivity but also make sure thatt our orders where we can are placed in the UK to reinvigorate that sector," he said.

It has been confirmed that Babcock has won the contract to build new frigates for the Royal Navy. In a statement to the stock market, Babcock said work on the fleet of five ships will begin immediately following formal contract award later this financial year, with detailed design work to start now and manufacture commencing in and concluding in Archie Bethel, chief executive of Babcock, said the ships will be assembled at Babcock's Rosyth facility, and involve supply chains throughout the UK, in line with the UK's shipbuilding strategy.

There's a BBC story here. Manufacturer Airbus tells customers to restrict the speed of the H helicopter fleet after a crack is found. She will take over in July when he steps down at the annual general meeting after 11 years in the role. She has a year international career spanning senior functional and line roles at Royal Dutch Shell and is currently the senior independent director of Associated British Foods and a non-executive at Rolls Royce Holdings plc and ContourGlobal.

Restructuring of the group's aerial emergency services businesses will create the additional cost, it said. Shares in the company dropped as much as 7.

Babcock says the roles are no longer needed at its Rosyth dock, where two aircraft carriers have been assembled. About 6, jobs, more than half of them in the United Kingdom, were subsequently cut at Babcock International's operations, reducing the workforce to less than 30, Its head office in London and more than two-dozen plants were closed. Some of these operations were shifted to other FKI Babcock sites.

It was a diversified group, though, with interests ranging from the Fisher-Karpark parking meter business, to tea plantations, to lighting controls.

FKI specialized in acquiring loss-making companies and turning them around. Systems engineer Stone International was acquired earlier in Oliver Whitehead then became Babcock's chief executive. The company's plant at Renfrew had expanded beyond boilers, producing other large objects such as wind tunnels and ships' propellers. Babcock International made a number of acquisitions in the early s. Coventry-based Tickford Rail, which refurbished train carriages, was bought in King Wilkinson, an energy industry contractor in the Middle East, was added in April The Swedish-based ship-to-shore handling business Consilium was acquired by Claudius Peters in Consilium also produced wood processing equipment.

Salmon left three years later to return to GEC Alsthom. Renamed Babcock Materials Handling BMH , it produced equipment for moving things such as paper, pulp, cement, and coal. Customers included ports, steel plants, and power stations.

Rosyth, which refurbished warships, was the base for Babcock's facilities management division. This prompted a change of strategy. Afterward, Babcock shied away from contracts that large, unless the risk was shared with other partners. The company also sold off risky businesses altogether. The unit was then renamed Mitsui Babcock Energy.

There were also big changes in the works at Rosyth. The facility then employed 3, people, down from 7, when the management contract started in By this time, Babcock had 10, employees around the world.

It was working contracts in 60 countries and had offices in To learn more about Babcock visit our website or download our key factsheet. All Rights Reserved. Log in. Your Name required. Your Email required. Your Company. Your Message. Search Website:.