Babcock International Group PLC

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

Key Developments

Date	Approach	Development
September 2019	Contract	Babcock 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

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