Babcock International Group PLC

Description

Founded in 1891, Babcock International Group Plc is a UK-based international aerospace, defense, and nuclear engineering services company with a leading naval business that offers value-added services across Canada, UK, South Africa, France, and Australasia. It also operates in and export to, additional markets. The company aims to focus on its core activities in the UK and to develop its international presence by helping customers to enhance the capability, reliability, and availability of their most critical assets with sectors such as Aviation, Marine, Nuclear, and land. The company is listed on the London Stock Exchange as LON: JLG and is a constituent of the FTSE 250 Index.       

The company mainly operates in Italy, Australasia, France, Portugal, Canada, South Africa, UK, Oman, Spain, and Scandinavia. It mainly operates through four segments that include Land, Marine, Nuclear, and aviation. The land segment offers vehicle fleet management, equipment supports and engineering and training to military, and civil customers. The Marine segment is engaged in building, designing, and supporting naval ships, equipment, and marine infrastructure.

The Nuclear segment offers engineering services in support of neutralizing projects, training, program and operation support, design and instalment and new build program management, and the aviation segment provide engineering services to civil and defense customers such as airbase management, pilot training, operation of aviation fleets delivering emergency and equipment support.

The company’s strategy focuses on three main areas that include UK naval business that own key naval sites and infrastructure including the Rosyth dockyards and Devonport across complex and critical engineering; UK value-add services that have deep technical expertise across critical and complex engineering and international through which company holds strong positions in Australasia, Canada, and South Africa with a developing position in France.