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Name | Symbol | Market | Type |
---|---|---|---|
Babcock International Group PLC (PK) | USOTC:BCKIY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.336 | 4.91% | 7.176 | 6.46 | 7.36 | 7.176 | 7.176 | 7.176 | 981 | 21:00:13 |
LONDON--Engineering support services firm Babcock International Group PLC (BAB.LN) said Tuesday that Ascent Flight Training Ltd., has been awarded 1.1 billion pounds ($1.57 billion) contract by the U.K.'s Ministry of Defence (MOD).
Ascent, a 50/50 joint venture between Babcock and Lockheed Martin, will deliver the U.K. Military Flying Training System through to 2033, in partnership with the MOD.
Babcock shares at 1015 GMT down 2 pence, or 0.2%, at 907 pence, valuing the company at GBP4.57 billion.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
(END) Dow Jones Newswires
February 02, 2016 06:31 ET (11:31 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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