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BAB Babcock International Group Plc

510.50
-6.00 (-1.16%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  -6.00 -1.16% 510.50 512.00 513.50 520.00 511.50 520.00 758,408 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 4.44B -35M -0.0692 -74.06 2.59B

Boeing Joins Airbus in Race to Replace UK Air Force Helicopters

06/03/2023 3:13pm

Dow Jones News


Babcock (LSE:BAB)
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By Mauro Orru

 

Boeing Co. has joined a team led by European plane maker Airbus SE in the race to secure a contract to replace helicopters of the British Royal Air Force.

The two companies said in a joint statement on Monday that Boeing Defence UK would provide aircrew, ground crew and maintenance training if the Airbus H175M helicopter is selected to replace the Airbus Puma HC2, the medium support helicopter of the Royal Air Force.

"As training services partner it completes a rock-solid line-up of U.K.-based first tier aerospace partners who bring a guarantee of world-class service provision to the UK Ministry of Defence for decades to come," said Lenny Brown, managing director of Airbus Helicopters in the U.K.

Airbus said in July last year that Babcock International Group PLC, Martin-Baker, Pratt & Whitney Canada Corp. and Spirit AeroSystems Holdings Inc. had joined the team, known as the H175M Task Force.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

March 06, 2023 09:58 ET (14:58 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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