Babcock International Group PLC Contract Award (7363W)
17 November 2017 - 1:00AM
UK Regulatory
TIDMBAB
RNS Number : 7363W
Babcock International Group PLC
16 November 2017
16 November 2017
Babcock International Group PLC (Babcock or the Group)
Babcock awarded three contracts to provide technical support
services to UK's Royal Air Force
Babcock, a leading engineering services company, has been
awarded three significant new regional contracts by the UK Ministry
of Defence under the Technical Support Services Provision (TSSP)
for 17 sites across the whole of the UK. Worth a total around
GBP160 million for the first five years for all three regions, with
options for a further two one-year extensions which could increase
the value to around GBP220 million, the TSSP contracts include the
provision of aircraft maintenance and operations, airfield support
and operations, vehicle fleet logistics, together with specialist
armoury and engineering support.
The contracts, won through a competitive tender process, are
expected to see around 850 staff transferring into Babcock under
TUPE regulations. Babcock's programme will support over 19 separate
services and almost 5,000 requirements to Single, Joint and Tri
Services.
Babcock Chief Executive Archie Bethel said:
"I am delighted Babcock has been selected to deliver this
critical service across the RAF operational estate. These contracts
cement our position as a key support partner to the RAF. We will
deliver excellent integrated service capability as well as
significant cost savings to our customer."
Defence Minister Harriett Baldwin said:
"We are investing this GBP160m in ensuring these RAF bases
across the country continue to get the expert support they deserve,
servicing equipment for the frontline and supporting our
world-beating capability across the board. This pragmatic approach
will ensure we are looking after our famous air force at home, as
they protect our interests both here and around the globe."
Babcock already provides support to a small number of stations
across all of the regions but these new contracts expand that
coverage across the UK. The three regions cover the following RAF
stations:
Region 1 RAF Valley, RAF Shawbury, RAF Cosford
Wales and West and AAC Middle Wallop
Midlands:
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Region 2 RAF Wyton, RAF Henlow, RAF Halton,
South East RAF High Wycombe and RAF Northolt
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Region 3 RAF Buchan, RAF Boulmer, RAF Fylingdales,
Scotland and RRH Staxton Wold, RAF Linton-on-Ouse,
North East: RAF Scampton, RAF Cranwell and
RAF Neatishead
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ends
Enquiries
Babcock International
Group PLC 020 7355 5300
Franco Martinelli
Kate Hill
FTI Consulting 020 3727 1340
Andrew Lorenz
Nick Hasell
This information is provided by RNS
The company news service from the London Stock Exchange
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