Latest Babcock International Group News & Updates

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Babcock International Group (Babcock)

Engineering and support services for defence and critical infrastructure

babcockinternational.com

Headquarters: London, United Kingdom
Company type: Public company
Number of employees: 15,000+

Last updated Today

Latest news about Babcock International Group (Babcock)

In short: Babcock reported strong H2 2026 growth and launched a £200 million share buyback, despite facing a £140 million hit due to Type 31 frigate reworks.

Company announcements

June 22 Babcock

Babcock announces full year results for 2026

Revenue grew 8% to £5.18bn, but Type 31 charge impacted profit.

April 24 Babcock

Babcock develops GLV vehicles with Toyota

They collaborate with UK SMEs on military modifications and hosted an engagement event to strengthen the defence ecosystem.

April 23 Babcock

Babcock launches UK-Indonesia Maritime Partnership Programme

The programme deepens cooperation in defence, fisheries, and skills. Four MOUs signed with universities and partners for scholarships, education, technology, and shipbuilding. Builds on £4bn deal.

April 22 Babcock

Babcock purchases 238,000 own shares

Purchased through Jefferies on 21 April 2026 at prices from £12.0700 to £12.4950. Shares held in treasury.

Media coverage

Yesterday MSN

Babcock makes huge profit despite £140m frigate cost hike

'We achieved strong underlying growth, improved margins and robust cash generation...

June 22 The Guardian

Babcock says Brexit and Covid beset Royal Navy contract as profits plunge

Underlying operating profits down 19% with 2019 frigate-building programme making loss, firm reports...

June 22 MSN

Babcock profits fall but firm confident governments will keep spending more on defence

Defence firm Babcock posted a 19% drop in annual underlying profit on Monday.

June 22 Reuters

UK s Babcock annual profit falls after frigate charge

British defence and engineering group Babcock ‌International reported a 19% drop in annual underlyin...

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