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Babcock International Group PLC

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Babcock International Group PLC - Aerospace showcase

Year Founded & Workforce

1891

35,000 Employees

Industry

Aerospace

Services

iFrigate
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Babcock International Group PLC Overview

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Founded: 1891

Workforce: ~35,000

Company Working: Babcock International Group PLC (Babcock) offers engineering services. The company operates through four business segments, namely, marine, land, aviation, and nuclear. The marine segment provides support services to the UK Royal Navy, submarines, and infrastructure. The segment also offers equipment management, engineering, consultancy, and information management services. Babcock land segment provides equipment support and vehicle fleet management and training services for commercial and military customers. The company’s aviation segment provides engineering services such as airbase management, pilot training, and equipment support to civil and military customers globally. Furthermore, the nuclear segment offers engineering services, program management, and design & installation services internationally, mainly the UK. The company operates through its offices in Australia, Italy, France, Canada, the UK, South Africa, and other countries.

Strategy

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Company Snapshot

$4,864M

Revenue

35,000

Employees

1891

Founded

London, UK

Headquarters

SWOT Analysis

Strengths

  • High investments in R&D
  • Established presence in the European market

Weaknesses

  • Limited presence in developed regions such as a North America

Opportunities

  • Significant growth prospects through partnerships, mergers, and acquisitions

Threats

  • Stringent government regulations for providing naval vessel MRO services

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Key Developments

DateApproachDevelopment
September 2019ContractBabcock signed a contract with the UK Ministry of Defence (MOD) to provide maintenance and repair services for small boats of the UK Royal Navy, Royal Marines, and the MOD Police.

Product Offering

  • Babcock International Group PLC
    • iFrigate

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Total Revenue rose from USD 4,864 Mn in 2017 to USD 5,025 Mn in 2019.
Babcock International Group PLC — By Business Segment
Series (USD Mn)201720182019
Total Revenue4,8645,7395,025

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