Browsing Tag
Harry Holt
5 posts
Babcock holds guidance as defence and nuclear demand support new CEO’s first months
Babcock International has maintained its fiscal 2027 and medium-term guidance after a strong first five months across nuclear and aviation, while new submarine, frigate and defence-support contracts give incoming Chief Executive Harry Holt a growing workload to execute.
UK Defence Investment Plan: Why through-life support is the land mobility prize
UK Defence Investment Plan turns through-life support into British procurement's biggest annuity. Babcock, QinetiQ and Chemring hold the anchor contracts.
Babcock (LSE: BAB) shares hit a new low, but did the market overreact to Type 83?
Babcock lost a future warship opportunity just after another £140 million frigate charge. Can submarines, nuclear growth and buybacks repair trust?
Babcock (LSE: BAB) shares fall 5.9% as £140m Type 31 charge overshadows FY26 growth
Babcock International reported stronger underlying defence and nuclear growth, robust cash generation and another £200 million buyback, but a third major Type 31 charge revived concerns over contract execution.
Babcock (LSE: BAB) absorbs Type 31 charge but keeps FY27 outlook intact
Babcock’s Type 31 charge hurts profits, but cash flow and buybacks keep the turnaround alive. The execution risk now moves to FY27.