Babcock International

Babcock International Group plc is a British[5] aerospace, defence and nuclear engineering services company based in London, England.[7] Following its establishment, the British company's sphere of operation was defined as 'the world except for North America and Cuba', which was the preserve of the US Babcock & Wilcox venture.[9] During 1895, Babcock & Wilcox Ltd opened a new boilermaking works, based on the 33-acre (130,000 m2) site of the Porterfield Forge on the opposite side of the River Clyde near Renfrew.[5] Shortly thereafter, the newly merged company's head office in London and more than two-dozen plants were closed, causing the loss of around 6,000 jobs, over half of these based in Britain, reducing its workforce to less than 30,000.[12] On 9 May 2006, it went on to acquire Alstec Group Ltd, a nuclear and airport services operator,[16] and on 13 June 2006, it bought the high voltage power lines and mobile telecoms business of ABB South Africa (Pty).The acquisition, which was completed on 8 July 2010, created a combined defence and support services group that annually accrued sales of £3bn and had more than 25,000 employees, which were mainly based in Britain and the United States.[31] In August 2014, Babcock issued a statement declaring that there would be job losses at HMNB Clyde if Scotland were to vote in favour of independence in the 2014 Referendum.[32] In October 2014, both Babcock and BAE Systems won contracts from the Ministry of Defence worth a total of £3.2 billion to maintain British warships, submarines and naval bases for the following five years.[37][38] Reportedly, Rupert Soames, Serco's Chief Executive, remained interested in aligning his company's defence operations with Babcock's own divisions.[41] The firm's decision to downsize its S-92 inventory caused manufacturer Sikorsky to sue Babcock over its refusal to accept delivery of units ordered in 2011.[45] In February 2023, the British Royal Navy ordered an investigation into the repairs made by Babcock International engineers on a Trident submarine after it was discovered that glue had been used to fix broken bolts in the nuclear reactor.
Babcock & Wilcox EnterprisesPublic limited companyTraded asFTSE 250George Herman BabcockLondonChairwomanOperating incomeNet incomeSubsidiariesBabcock Mission Critical Services OnshoreBabcock Mission Critical Services (Australia)Babcock MarineWRN BroadcastMinistry of DefenceNetwork RailLondon Stock ExchangeFTSE 250 IndexBabcock & Wilcox CompanyStephen WilcoxGeorge Babcockwater-tube boilerGlasgowSir William ArrolLanarkshireStewarts & LloydsboilersSinger Manufacturing Company'sClydebankIsaac SingerRiver ClydeRenfrewRosyth DockyardFirst World WarSecond World Warpost-warpower stationsnuclear power stationsfloatedcontractingFKI Electricals plcFKI plcMiddle EasternSwedishThorn EMIDrax Power Stationoil industryMitsui Engineering & ShipbuildingDoosan Heavy Industries & ConstructionDoosan GroupSouth KoreaDoosan Babcock Energy LtdDoosan Power Systems LtdDevonport Management LimitedDevonport DockyardAppledore ShipbuildersAircraft Carrier Alliancetwo new aircraft carriersRoyal NavyStrachan & HenshawWeir GroupUK Atomic Energy AuthorityTier 1Nuclear Decommissioning AuthorityVT GroupDefence High Frequency Communications ServiceBond Aviation GroupCH2M HillDefence Support Groupnuclear-armedHMNB Clyde2014 ReferendumBAE SystemsType 31 frigatesRupert SoamesNorth SeaSikorsky S-92Eurocopter EC225 Super PumaSikorskyCHC GroupRevenueOperating ProfitEarnings per shareCompanies HouseWayback Machine20th Century Press ArchivesFTSE 100FTSE SmallCap3i Infrastructure4imprintAberforth Smaller Companies TrustAlfa Financial SoftwareAllianz Technology TrustAlpha Group InternationalAO WorldAshmore GroupAsia Dragon TrustAssuraAston Martin LagondaAuction Technology GroupAVI Global TrustBaillie Gifford Japan TrustBaillie Gifford US Growth TrustBakkavörBalfour BeattyBaltic ClassifiedsBankers Investment TrustBank of GeorgiaA.G. 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