Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBabcock Regulatory News (BAB)

Share Price Information for Babcock (BAB)

Share Price is delayed by 15 minutes
Get Live Data
1,035.00    -3.50 (-0.34%)
Bid:
1,036.50
Ask:
1,037.00
Spread: 0.50 (0.048%)
Market Cap: £5.06b
BAB Live PriceLast checked at - London Stock Exchange

Intraday Babcock Share Chart

Contract Award

1 Apr 2014 07:00

RNS Number : 6588D
Babcock International Group PLC
01 April 2014
 



 

1 April 2014

 

 

Babcock International Group PLC (Babcock, the Group)

Contract Award - London Fire Brigade Fleet Management

 

The London Fire and Emergency Planning Authority (LFEPA) has today named Babcock as the preferred bidder on a 21 year contract to manage London Fire Brigade's (LFB) vehicle fleet. This follows the successful delivery of an interim fleet management contract awarded to Babcock by LFEPA in November 2012.

 

Following the LFEPA announcement, there will be a mandatory 10 day standstill period before final contract award. The contract is expected to become operational on13 November 2014.

 

Over the 21 year contract period, Babcock will be working with LFB, the UK's largest fire and rescue service, to manage and improve availability of its fleet of 500 vehicles and 50,000 pieces of specialist equipment across Greater London.

 

As part of Babcock's commitment to LFB, investment will be made in operational premises at an existing site in Ruislip and at a new facility in Greenwich. This will provide state-of-the-art facilities for the management and maintenance of the fleet as well as enabling greater community engagement.

 

This new contract will build on Babcock's long-term partnership with LFB. Since 2011 Babcock has been developing and delivering enhanced training programmes and new world-class training facilities to LFB as part of a 25 year contract.

 

Peter Rogers, Chief Executive of Babcock, commented:

 

"We are delighted to have been chosen as preferred bidder for this contract, which reflects our ability to provide market-leading support to the emergency services. We look forward to working in partnership with the London Fire Brigade, supporting its delivery of vital services to make London a safer city and sustaining its status as a world-class fire and rescue service." 

 

 

Enquiries

 

Babcock International Group PLC

 

Bill Tame, Group Finance Director

Tel: 020 7355 5300

Terri Wright, Head of Investor Relations

 

 

 

FTI Consulting

 

Nick Hasell

Tel: 020 3727 1340

 

 

 

 

 

Notes to editors

Babcock is the UK's leading engineering support services company with revenue of over £3.2 billion in 2013 and an order book of around £11.5 billion. We are trusted to deliver complex and critical support to infrastructure, equipment and training programmes. Babcock operates in many sectors, including transport, energy, defence, telecommunications and education.

 

We take great pride in the considerable depth and breadth of our people's expertise. Our 26,000 skilled staff design, build, manage, operate and maintain assets that are vital to the delivery of many key public services, both in the UK and overseas. Our market-leading reputation is based on one key fact: Babcock is a partner that can be trusted to deliver. (www.babcockinternational.com)

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSDUFWFFLSEFD
Date   Source Headline
13th May 20267:00 amRNSFY26 post close trading update
1st May 20264:46 pmRNSTotal Voting Rights
1st May 20262:39 pmRNSTotal Voting Rights
29th Apr 20267:00 amRNSTransaction in Own Shares
28th Apr 20267:00 amRNSTransaction in Own Shares
27th Apr 20267:00 amRNSTransaction in Own Shares
24th Apr 20267:00 amRNSTransaction in Own Shares
23rd Apr 20267:00 amRNSTransaction in Own Shares
22nd Apr 20267:00 amRNSTransaction in Own Shares
20th Apr 20267:00 amRNSTransaction in Own Shares
16th Apr 20267:00 amRNSTransaction in Own Shares
14th Apr 20267:00 amRNSTransaction in Own Shares
10th Apr 20267:00 amRNSTransaction in Own Shares
10th Apr 20267:00 amRNSTransaction in Own Shares - Replacement
8th Apr 20267:00 amRNSTransaction in Own Shares
2nd Apr 20267:00 amRNSTransaction in Own Shares
1st Apr 202612:46 pmRNSTotal Voting Rights
1st Apr 202612:32 pmRNSHolding(s) in Company
1st Apr 20267:00 amRNSBabcock announces FMSP contract bridging agreement
1st Apr 20267:00 amRNSTransaction in Own Shares
31st Mar 20267:00 amRNSTransaction in Own Shares
27th Mar 20267:00 amRNSTransaction in Own Shares
26th Mar 20267:00 amRNSTransaction in Own Shares
25th Mar 20267:00 amRNSTransaction in Own Shares
24th Mar 20267:00 amRNSTransaction in Own Shares
23rd Mar 20267:00 amRNSTransaction in Own Shares
20th Mar 20267:00 amRNSTransaction in Own Shares
19th Mar 20267:00 amRNSTransaction in Own Shares
18th Mar 20267:00 amRNSTransaction in Own Shares
17th Mar 20267:00 amRNSTransaction in Own Shares
17th Mar 20267:00 amRNSTransaction in Own Shares
16th Mar 20267:00 amRNSTransaction in Own Shares
16th Mar 20267:00 amRNSTransaction in Own Shares
13th Mar 202610:14 amRNSTransaction in Own Shares
13th Mar 202610:14 amRNSTransaction in Own Shares
12th Mar 20267:00 amRNSTransaction in Own Shares
11th Mar 20267:00 amRNSTransaction in Own Shares
11th Mar 20267:00 amRNSTransaction in Own Shares
10th Mar 20267:00 amRNSTransaction in Own Shares
10th Mar 20267:00 amRNSTransaction in Own Shares
9th Mar 20267:00 amRNSTransaction in Own Shares
6th Mar 20267:00 amRNSTransaction in Own Shares
5th Mar 20267:00 amRNSTransaction in Own Shares
4th Mar 20267:00 amRNSTransaction in Own Shares
3rd Mar 20264:57 pmRNSEuro Medium Term Note Programme
3rd Mar 20267:00 amRNSTransaction in Own Shares
2nd Mar 202611:33 amRNSTotal Voting Rights
2nd Mar 20267:00 amRNSTransaction in Own Shares
27th Feb 20267:00 amRNSTransaction in Own Shares
26th Feb 20267:00 amRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.