OverviewSuggest Edit

Babcock International Group is a company that provides engineering support services for the defense, marine, land, aviation, and nuclear sectors. It offers through-life support of naval ships and infrastructure, as well as the support of submarines and complex engineering services in support of major decommissioning programmes and projects, training and operation support, new build programme management, and design and installation. The company also provides critical vehicle fleet management, equipment support and training for military and civil customers. Besides, it delivers engineering services to defense and civil customers worldwide, including pilot training, equipment support, airbase management and operation of aviation fleets delivering emergency and offshore services.

TypePublic
Founded1891
HQLondon, GB
Websitebabcockinternational.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Mar 2020)34,220(-3%)
Job Openings313
Revenue (FY, 2020)£4.4 B
Share Price (Sept 2021)£3.6(-1%)
Cybersecurity ratingBMore
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Key People/Management at Babcock International Group

David Lockwood

David Lockwood

Chief Executive Officer
Carl-Peter Forster

Carl-Peter Forster

Senior Independent Director
David Mellors

David Mellors

Chief Financial Officer
John Davies

John Davies

Chief Executive, Land
John Howie

John Howie

Chief Corporate Affairs Officer
Jack Borrett

Jack Borrett

Group Company Secretary and General Counsel
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Babcock International Group Office Locations

Babcock International Group has offices in London, Antrim, Birmingham, Bristol and in 21 other locations
London, GB (HQ)
33 Wigmore St
Antrim, GB
Unit B3 Kilbeggs Business Park Kilbegs Road
Birmingham, GB
The McLaren Building, Dale End
Bristol, GB
Bristol Business Park, Stoke Gifford
Bristol, GB
The Quadrant
Bristol, GB
Warehouse 4, DHL Site, Smoke Ln, Avonmouth
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Babcock International Group Financials and Metrics

Babcock International Group Revenue

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Babcock International Group's revenue was reported to be £4.45 b in FY, 2020 which is a 0.6% decrease from the previous period.
GBP

Revenue (H1, 2021)

2.1b

Gross profit (H1, 2021)

231.8m

Gross profit margin (H1, 2021), %

11%

Net income (H1, 2021)

52.8m

EBIT (H1, 2021)

87.8m

Market capitalization (15-Sept-2021)

1.8b

Closing stock price (15-Sept-2021)

3.6

Cash (30-Sept-2020)

702.1m

EV

3.5b
Babcock International Group's current market capitalization is £1.8 b.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

4.7b4.5b4.4b

Revenue growth, %

2%(4%)(1%)

Cost of goods sold

4.0b3.9b3.9b

Gross profit

687.9m546.5m509.0m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

2.3b2.2b2.1b

Cost of goods sold

2.0b1.9b1.9b

Gross profit

239.8m305.5m231.8m

Gross profit Margin, %

11%14%11%
Annual
GBPFY, 2018FY, 2019FY, 2020

Cash

286.3m275.2m1.4b

Accounts Receivable

278.2m255.5m283.6m

Prepaid Expenses

62.8m76.7m83.6m

Inventories

181.4m196.5m193.5m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

247.1m458.6m702.1m

Accounts Receivable

225.7m247.8m256.6m

Inventories

167.6m211.4m192.7m

Current Assets

1.6b1.7b2.0b
Annual
GBPFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

202.4m233.1m334.3m

Inventories

(19.5m)(34.0m)(10.9m)

Accounts Payable

102.6m4.1m7.4m

Cash From Operating Activities

320.0m386.4m330.4m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

130.9m151.1m156.3m

Inventories

(1.0m)(12.5m)3.6m

Accounts Payable

(46.4m)(54.9m)(9.2m)

Cash From Operating Activities

151.3m69.8m91.3m
GBPFY, 2018

EV/EBIT

12.2 x

EV/CFO

16.7 x

Revenue/Employee

131.5k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.2 x

P/E Ratio

12.3
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Babcock International Group Operating Metrics

FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021

Order Book

£20 b£20 b£20 b£20 b£19 b£18.5 b£18 b£18 b£17 b£18 b£17.6 b£17.2 b

Bid Pipeline

£10.5 b£10.5 b£10.5 b£10.8 b£10.5 b£12.2 b£13 b£14 b£14 b£17 b

Aircraft Fleet

530500500500

Aircraft Bases

300320320
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Babcock International Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Heli AviationApril 28, 2016
Defence Support GroupMarch 15, 2015£140 m
WRN BroadcastFebruary 09, 2015
S Macneillie & SonsFebruary 03, 2015
Inaer Aviation GroupMay 16, 2014
AvincisMarch 27, 2014
National Training InstituteFebruary 06, 2014
Skills2LearnDecember 12, 2013
Conbras EngenhariaJuly 23, 2013
Liquid Gas Equipment Ltd.December 28, 2012€23 m
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Babcock International Group Revenue Breakdown

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Babcock International Group revenue breakdown by business segment: 20.2% from Nuclear, 19.2% from Aviation, 34.5% from Land and 26.2% from Marine

Babcock International Group revenue breakdown by geographic segment: 8.0% from Africa, 11.4% from Rest of Europe, 67.4% from United Kingdom and 13.1% from Other

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Babcock International Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Babcock International Group Online and Social Media Presence

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Babcock International Group News and Updates

Babcock International is pleased to announce it has renewed its contracts for Helicopter Emergency Medical Services

Both contracts begin in October 2021. The Pays de Loire contract has been awarded for an eight-year period with options for a further three years, and encompasses Nantes, Angers et La-Roche-S/-Yon hospitals. The Centre contract, encompassing five bases across Châteauroux, Blois, Tours, Orléans and D…

Babcock profits fall 34% as Covid hits civil aerospace

Defence company Babcock said profits fell by more than a third in the nine months to date as the coronavirus pandemic hit its civil aviation business.

Multi-million design contract secured for Dounreay Waste Repackaging Facility

The Dounreay Decommissioning Framework (DDF) Alliance, led by Babcock International’s Cavendish Nuclear business and supported by KDC Contractors (Veolia) and BAM Nuttall (BAM), has been successfully awarded a contract for the design of a new waste repackaging facility at the Dounreay nuclear site.

Babcock Orders Three PEMA Shipbuilding Automation Lines

Babcock International Group, an aerospace and defense company, has placed an order for a set of PEMA welding and production lines for shipbuilding at its Rosyth site in Scotland. In total, the order includes three lines; PEMA Thin plate panel line, PEMA Micro panel line, and PEMA T-beam fabrication …

BAE Systems, Safran, Babcock join accelerator programme

Commissioned by Digital Catapult and the Made Smarter Technology Accelerator, the research reveals 77% of manufacturers say the pandemic has made their business more open to change and innovations like AI, the internet of things and 5G. The research revealed that the key barriers for accessing be…

Harpoon Missile System – In-service support extension agreed

Babcock International, the Aerospace and Defence Company, is pleased to announce a further year contract extension has been agreed to continue in-service support to the Harpoon Missile System for the Royal Navy.
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Babcock International Group Blogs

Babcock cuts steel for Royal Navy’s Type 31 frigate HMS VENTURER at Rosyth

Babcock, the aerospace, defence and security company, was joined by UK Secretary of State for Defence and Shipbuilding Tsar, Rt Hon Ben Wallace MP to cut the first steel for the first of the Royal Navy’s five new Type 31 frigates, HMS VENTURER. Hosted at Babcock’s facility in Rosyth, Scotland, where…

Babcock receives approval to run enhanced drone missions

Babcock the aerospace, defence and security company is now the only operator in Spain with permission to fly commercial drones, weighing more than 25kg, beyond line of sight. In practical terms this means Babcock can now fly its own design, the LUA drone, in rural areas, night or day, carrying emerg…

Babcock sells first new frigate design licence to Indonesia

Babcock the aerospace, defence and security company has secured the first export contract for its Arrowhead 140 (AH140) frigate through a design licence agreement with PT PAL Indonesia (Persero), a state-owned enterprise that builds and maintains ships for military and commercial use from its facili…

£110m contract for high frequency radio communications

New radio service to boost communications across multiple terrains and domains Investment will improve interoperability and enhance emergency communications Multi-million-pound contract to support 150 UK industry jobs A £110 million contract has been awarded to deliver the new Defence Strategic Radi…

Babcock introduces Arrowyard™ to its portfolio of global ship build and support

Babcock the aerospace, defence and security company has launched a dynamic new approach within global shipbuilding that enables international customers to build and support the company’s Arrowhead 140™ frigate (AH140) in-country, delivering a range of potential economic and social benefits to local …

Babcock Signs Cooperation Agreement with Ukroboronprom at Defence Conference, DSEI

Babcock, the international aerospace, defence and security company, with a leading naval business, has signed a Cooperation Agreement with Ukroboronprom in support of Ukraine’s Naval Capabilities Enhancement Programme (UNCEP) at DSEI, the world’s leading defence and security event. Ukroboronprom Sta…
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Babcock International Group Frequently Asked Questions

  • When was Babcock International Group founded?

    Babcock International Group was founded in 1891.

  • Who are Babcock International Group key executives?

    Babcock International Group's key executives are David Lockwood, Carl-Peter Forster and David Mellors.

  • How many employees does Babcock International Group have?

    Babcock International Group has 34,220 employees.

  • What is Babcock International Group revenue?

    Latest Babcock International Group annual revenue is £4.4 b.

  • What is Babcock International Group revenue per employee?

    Latest Babcock International Group revenue per employee is £130 k.

  • Who are Babcock International Group competitors?

    Competitors of Babcock International Group include General Dynamics Land Systems, BAE Systems and Serco.

  • Where is Babcock International Group headquarters?

    Babcock International Group headquarters is located at 33 Wigmore St, London.

  • Where are Babcock International Group offices?

    Babcock International Group has offices in London, Antrim, Birmingham, Bristol and in 21 other locations.

  • How many offices does Babcock International Group have?

    Babcock International Group has 32 offices.