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The Latest Breaking News from Babcock

PwC fined £5.6m over ‘serious breaches’ in audits of defence firm Babcock

The accounting regulator has severely reprimanded two former partners at the firm

Birmingham Post

PwC fined for Babcock audit failings including creating false record

UK regulator says breaches found in ‘every area’ looked at in relation to audit of engineering firm’s accounts

The Guardian - UK

Accounting watchdog fines PwC over audits of defence firm Babcock

The Big four auditor will pay £5.62 million

Evening Standard

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Devon defence jobs secured after British Army vehicle contract win

Combat vehicle manufacturer Supacat and engineering giant Babcock have struck a deal to make potentially hundreds of light armoured transporters at the firms' sites in Dunkeswell and Plymouth

Birmingham Post

Royal Navy orders investigation into nuclear submarine repaired with glue

Botched fixes were made onoard HMS Vanguard, whose role is to carry the Trident ballistic missile system

The Independent UK

Royal Navy orders investigation into nuclear submarine ‘repaired with glue’

Claims made that broken bolts on HMS Vanguard’s reactor chamber were stuck on instead of replaced

The Guardian - UK

Royal Navy probe after claims £88m Trident submarine nuclear reactor fault was fixed with super glue

'You can't cut corners with nuclear,' warns furious Navy source

Wales Online

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Military jet developer Aeralis to explore AirTanker collaboration

The Bristol-based start-up manufacturer has reached an agreement with the Royal Air Force aircraft maintenance firm, which is owned by Airbus, Rolls-Royce, Cobham, Babcock and Thales

Birmingham Post

UK Government committed to building Type 31 frigates as steel is cut on new ship

Defence procurement minister Alex Chalk attended the ceremony to mark the start of work on HMS Active at Rosyth.

The Independent UK

Better Together promises 'falling apart' again with shipbuilding 'betrayal'

PLANS to delay or potentially ditch the building of new frigates in Scotland are yet another sign of the Better Together prospectus has…

The National (Scotland)

Mystery of disappearing Helensburgh road signs has been solved

Earlier this month we reported how confusion reigned over the removal of signs welcoming visitors to Helensburgh – with council chiefs unaware of their staff having done so.

Daily Record

UK Government pressed over Spanish shipbuilding contract as Scotland 'losing out'

THE UK Government is under growing pressure to explain a decision to hand a vital £1.6billion ship order to a Spanish-led team, with Scottish yards…

The National (Scotland)

Babcock race director says he expects a higher turnout at next year's event

Babcock has confirmed its continued sponsorship of the local 10K series for 2023, having first sponsored the events back in 2017.

Daily Record

Defence firm Babcock maintains 'good progress' with Covid turnaround

The defence giant, which has a base at Devonport Royal Dockyard in Plymouth, has reported flat revenues and marginally dipped profits

Birmingham Post

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news in one place.

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Birmingham Post

Babcock hires 200 apprentices and graduates in Devon

The new recruits will be based at the defence giant's Devonport Royal Dockyard facility in Plymouth

Insider UK

Vision unveiled for a 50,000-job Forth freeport

The bid claims to be able to unlock £6bn of private and public investment for Scotland

Insider UK

Regulator unwinds Babcock/CHC helicopter deal over competition concerns

The Canadian company must now sell the business it bought for £10m

Insider UK

Babcock opens £4.6 million tidal turbine testing facility at Rosyth

The Fife yard has also won a £30m contract to maintain two Royal Navy aircraft carriers

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news in one place.

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Daily Record

Royal Navy aircraft carrier maintenance deal secures 300 jobs at Rosyth Dockyard

The HMS Queen Elizabeth and HMS Prince of Wales will enter dry dock at Rosyth when they require maintenance work over the next decade.

The Independent UK

£30m deal signed to maintain Navy’s Queen Elizabeth class carriers at Rosyth

The 10-year agreement will see HMS Queen Elizabeth and HMS Prince of Wales undergo dry dockings at the facility in Scotland.

Insider UK

Rosyth yard begins construction of Royal Navy frigate

Keel laying event formally recognises the start of the build in Babcock's new building

Insider UK

Ferguson Marine chief executive reveals plan to turnaround failing shipyard

The nationalised yard is bidding for work from CalMac, North Star Renewables, BAE and Babcock

Wales Online

Thieves reportedly steal £250,000 of fuel from Royal Navy base

It is believed diesel was unlawfully taken from HMNB Devonport in Plymouth over the course of several weeks

The Independent UK

Veterans mark Falklands anniversary by visiting dock they returned to after war

Events remembering the Falklands War are taking place across the country to mark the conflict’s 40th anniversary.

Insider UK

CMA raises competition concerns around £10m acquisition of Babcock's helicopter business

Regulator is welcoming further views before it makes a final decision on the deal in May

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