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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Babcock International Group Plc | LSE:BAB | London | Ordinary Share | GB0009697037 | ORD 60P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.50 | -0.47% | 528.50 | 527.50 | 528.50 | 532.50 | 522.00 | 526.50 | 1,889,905 | 16:35:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Engineering Services | 4.44B | -35M | -0.0692 | -76.23 | 2.67B |
By Ian Walker
Babcock International Group has been awarded two submarine contracts worth 121 million pounds ($152.8 million) between them.
The defense company--a major contractor for the U.K. government--said Tuesday that it has been awarded a 4.5 year contract with the U.K.'s Ministry of Defence worth GBP66 million to provide assistance in the support solution development for the new Dreadnought Class submarines.
It has also been awarded a GBP55 million contract by BAE Systems for Weapon Handling and Launch System and Submerged Signal Ejector equipment for the Dreadnought Class.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
November 28, 2023 08:55 ET (13:55 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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