Babcock: Geopolitical tensions boost FTSE 250 firm’s revenue Defence The FTSE 250 defence firm, which in March won a bumper £560m contract to refit one of the Royal Navy's Trident nuclear submarines, saw its underlying profit jump 34 per cent in the year ended March 31.
Babcock and Airbus chiefs call on UK to boost defence spending DEFENCE Two of the UK's biggest defence firms have called on the government to spend more on its armed forces amid the "changing face" of warfare.
Babcock: British defence giant signs nuclear submarine deal worth half-a-billion pounds defence In an update to markets this morning, the FTSE 250-listed company announced it had penned a contract worth £560m with UK's Submarine Delivery Agency (SDA).