Who is Babcock International?

Babcock International traces its history back to the 19th century and the American heavy industrial manufacturers Babcock & Wilcox Company, which had been founded in 1867 by partners Stephen Wilcox and George Babcock to manufacture and market Wilcox's patented water-tube boiler.

What does Babcock do?

And Babcock is built for that task. Now more than ever, what we do matters. Creating a safe and secure world, together. Babcock is a leading provider of critical, complex engineering services which support national defence, save lives and protect communities.

Where is Babcock based?

The company has four operating sectors, with overseas operations based in Africa, North America, South America, Europe and Australia. Babcock is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.

What role does Babcock play in international defence?

Babcock plays a critical role in international defence. In a world of significant geopolitical instability, national security has never been more important as defence requirements become increasingly complex to deliver. Ensuring those critical services are readily available, affordable and long-lasting is a vital task.

Is Babcock a good company?

Babcock is a smaller company than, say, BAE Systems. While more than three-quarters of FY2024e revenues will be defence-related, thinks Agency Partners, it still owns some motley assets. Moreover, continental equipment manufacturers such as Rheinmetall stand to benefit — significantly and immediately — from the new defence environment.

Is Babcock in talks with the UK government?

Lockwood said Babcock was in talks with the UK government about expanding its activities there. The company is also benefiting from significant government investment in the UK’s nuclear submarine activities following the signing of the trilateral Aukus security pact with the US and Australia earlier this year.