Babcock race director says he expects a higher turnout at next year's event Babcock has confirmed its continued sponsorship of the local 10K series for 2023, having first sponsored the events back in 2017. Daily Record · Dec 1, 2022
Defence firm Babcock maintains 'good progress' with Covid turnaround The defence giant, which has a base at Devonport Royal Dockyard in Plymouth, has reported flat revenues and marginally dipped profits Birmingham Post · Nov 22, 2022
Babcock hires 200 apprentices and graduates in Devon The new recruits will be based at the defence giant's Devonport Royal Dockyard facility in Plymouth Birmingham Post · Nov 18, 2022
Vision unveiled for a 50,000-job Forth freeport The bid claims to be able to unlock £6bn of private and public investment for Scotland Insider UK · Jun 20, 2022
Regulator unwinds Babcock/CHC helicopter deal over competition concerns The Canadian company must now sell the business it bought for £10m Insider UK · Jun 1, 2022
Babcock opens £4.6 million tidal turbine testing facility at Rosyth The Fife yard has also won a £30m contract to maintain two Royal Navy aircraft carriers Insider UK · May 16, 2022
Royal Navy aircraft carrier maintenance deal secures 300 jobs at Rosyth Dockyard The HMS Queen Elizabeth and HMS Prince of Wales will enter dry dock at Rosyth when they require maintenance work over the next decade. Daily Record · May 16, 2022
£30m deal signed to maintain Navy’s Queen Elizabeth class carriers at Rosyth The 10-year agreement will see HMS Queen Elizabeth and HMS Prince of Wales undergo dry dockings at the facility in Scotland. The Independent UK · May 15, 2022
Rosyth yard begins construction of Royal Navy frigate Keel laying event formally recognises the start of the build in Babcock's new building Insider UK · Apr 27, 2022
Ferguson Marine chief executive reveals plan to turnaround failing shipyard The nationalised yard is bidding for work from CalMac, North Star Renewables, BAE and Babcock Insider UK · Apr 27, 2022
Thieves reportedly steal £250,000 of fuel from Royal Navy base It is believed diesel was unlawfully taken from HMNB Devonport in Plymouth over the course of several weeks Wales Online · Apr 7, 2022
Veterans mark Falklands anniversary by visiting dock they returned to after war Events remembering the Falklands War are taking place across the country to mark the conflict’s 40th anniversary. The Independent UK · Apr 2, 2022
CMA raises competition concerns around £10m acquisition of Babcock's helicopter business Regulator is welcoming further views before it makes a final decision on the deal in May Insider UK · Mar 18, 2022
Babcock gives cash flow warning after being hit with mounting costs In-profit Devonport Dockyard operator cites pension contributions, restructuring costs, and investments in facilities and IT upgrades as drains on cash but stresses trading remains on course with expectations Birmingham Post · Feb 25, 2022
Daily Record · Feb 21, 2022 Rosyth bosses walk back from threat to move defence jobs if Scotland votes for independence Babcock sent their corporate affairs director to assure MPs on the Scottish Affairs committee that the company was committed to the Fife naval shipyard.
Birmingham Post · Feb 21, 2022 Babcock opens advanced manufacturing lab at Plymouth Science Park New facility will enable defence engineering giant to 3D print vital metal parts
The Independent UK · Feb 16, 2022 Shipyard could relocate if it is unwelcome in independent Scotland, says boss Babcock chief executive David Lockwood was speaking after the Prime Minister visited the Rosyth shipyard.
Birmingham Post · Feb 15, 2022 Babcock looks to take over Australian naval joint venture in £32m deal Defence and aerospace group which runs Devonport and Rosyth dockyards intends to buy remaining stake in Australian Naval Ship Management
Birmingham Post · Feb 10, 2022 Plymouth rewards its top manufacturing and construction apprentices Building Plymouth and Plymouth Manufacturers' Group give awards to mark National Apprenticeship Week
Birmingham Post · Feb 10, 2022 Babcock nets £95m from sale of aviation firm share Devonport Dockyard operator's offloads shares in AirTanker Holdings and has now raised £448m from sell-offs as group streamlines
Birmingham Post · Jan 17, 2022 Watchdog extends probe into PwC audit of defence giant Babcock Financial Reporting Council wants to see accounts for 2019 and 2020 as part of investigation into audit of operator of Devonport and Rosyth dockyards
Evening Standard · Jan 17, 2022 PwC faces extended FRC investigation into Babcock audit work A probe into PwC’s work with Babcock has been extended after the defence giant was forced to take major write-downs last year.
The Independent UK · Jan 17, 2022 Watchdog extends investigation into PwC’s audits of defence firm Babcock The move comes after Babcock announced a review into contract profitability and its balance sheet last year.