
£140m Type 31 Hit Sinks Babcock's Navy Profit Story
Babcock booked a £140m Type 31 charge, proving defence demand doesn't save margins when contracts leave contractors holding the cost risk.
Jun 22, 20266 min read0 reactions0 comments
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Babcock booked a £140m Type 31 charge, proving defence demand doesn't save margins when contracts leave contractors holding the cost risk.

A Russian frigate allegedly fired warning shots near a UK yacht off the Isle of Wight, triggering a UK investigation.