Evening Standard
UK · 2 hrs ago
✦ 78◉ Centre
Babcock takes £140m hit from reworks to new Royal Navy warships
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Credibility 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Defence contractor Babcock International is taking a £140 million financial hit due to rework requirements on new Royal Navy frigates being built at its Rosyth facility in Scotland.
Babcock takes £140m hit from reworks to new Royal Navy warships
The company is set to deliver five frigates that are being built at its manufacturing site in Rosyth in Fife.
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