Babcock International Group PLC has announced the completion of the sale of its Power business to M Group Services for a gross cash consideration of £50 million. Babcock’s Power business is a leading provider of engineering services in the UK overhead line electric transmission and distribution industry. It is trusted to ...
Babcock has announced Babcock Korea Ltd has gained ISO 9001: 2015 certification, a globally recognised standard that ensures its products and services meet the needs of customers and stakeholders. As well as ISO 9001, the company received ISO 14001: 2015 (effective environmental management system) and ISO 45001: 2018 (occupational health and ...
Safety technology startup, Tended, has secured £2.4 million in investment to further propel its growth, bringing the company’s total funding to £4.4 million. The funding was led by existing investor Blackfinch Ventures, with participation from early-stage European venture capital firm Basinghall Partners, UKRI, and a number of industry-specific angel investors. Founded in ...
Babcock has been awarded a 13-year contract worth around £100 million by the UK’s Defence Equipment and Support (DE&S) for the design, manufacture, delivery/commisioning and in-service support to the Maritime Electronic Warfare Systems Integrated Capability (MEWSIC) Increment 1. Babcock will deliver the programme together with its collaboration partners, Elbit Systems UK ...