Babcock awarded £120m worth of contracts

By Tom Kilkelly

30 November 2023

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Plymouth-based Babcock has been awarded two further contracts for work on the UK’s new Dreadnought Class submarine worth a combined £120 million.

One of these two contracts includes a £66 million contract with the Ministry of Defence which will see Babcock providing input on the development of the support solution for the aforementioned Dreadnought Class submarines.

This new Class of submarine will replace the Vanguard Class in the early 2030s to maintain the Continuous At Sea Deterrent.

A spokesperson for the company said: ''The contract award reflects our decades-long experience of sustaining the UK’s submarine fleet, providing considerable experience, unique knowledge and insights to aid Dreadnought’s transition into service.

''We will also provide the MOD with technical and management support, engineering best practice and submarine maintenance achievability.

''In addition, we have been awarded a £55 million contract by BAE Systems for Weapon Handling and Launch System (WHLS) and Submerged Signal Ejector equipment for boats 2-4 of the Dreadnought Class.''

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These agreements follow the recent signing of a five-year contract with the MOD to support the detailed design for the new SSN AUKUS submarines, which will replace the Astute Class hunter-killer fleet from the late 2030s.

Minister for Defence Procurement, James Cartlidge said: “It is undeniable the pivotal role that British industry plays in the defence of our nation and our Allies, and I’m committed to supporting UK companies who are continuing to bolster our security whilst driving prosperity across our economy.

“The Dreadnought Class will be central to keeping our country safe and will further enhance our world-renowned submarine fleet.”

By Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.