Who we are

Babcock is an international defence, aerospace and security company providing support and product solutions to enhance our customers’ defence capabilities and critical assets

With a portfolio focused across marine, nuclear, land and aviation

With a clear strategy for growth, margin expansion and cash generation, supported by long term trends

Our 26,000+ employees deliver our customers’ key requirements of affordability, availability and capability

Key messages

Strong embedded position

  • Around 70% defence revenue (HY24)
  • Critical supplier to governments
  • Complex programme delivery
  • Customer intimacy
  • Deep platform knowledge
  • Engineering know-how
  • Product development capability

Positioned to grow

  • £9.6bn contract backlog (HY24)
  • Supportive markets: military capability vs fiscal constraints
  • Differentiated proposition delivering availability, affordability and capability
  • Partnerships and collaboration

Improving margins and cash flow

  • Contract terms and discipline
  • Enhanced operational, programme and technical risk management
  • Operational risk management
  • Unwind of legacy contracts

Our differentiated proposition

Babcock combines extensive experience of customers’ assets in operation with strong engineering know-how and highly collaborative customer relationships

This highly differentiated proposition enables us to deliver complex product and service solutions which meet our key customer requirements of availability, affordability and capability

Medium term guidance

Organic growth

Mid-single digit



Cash conversion



Babcock today and Babcock tomorrow



What we do matters


Our people


Devonport now and future


Devonport virtual tour

Our Devonport Royal Dockyard facility is co-located with HM Naval Base Devonport and forms the largest naval support site in Western Europe.

Take our virtual tour to learn more about the site and some of the important work we do there.

View virtual tour

Virtual exhibition

Our Capital Markets Day event showcased a number of our key strategic programmes and initiatives, with attendees able to talk to our employees and view demonstrations at our on-site exhibition. To learn more about these initiatives, take a look at the information and videos in our virtual exhibition, below. 

Sub Dock

Delivering facilities for the Royal Navy fleet of the future
We are delivering the infrastructure required to support and sustain the UK’s submarines for decades to come.

As part of the major infrastructure programme underway at our Devonport facility, we are delivering substantial upgrades to existing infrastructure that will support the future capability of the Royal Navy and the UK’s Defence Nuclear Enterprise.

The state-of-the-art facilities will support submarine maintenance and include a dock, logistics and modern support facilities, and underpins the wider role we play in sustaining the entirety of the UK submarine fleet.

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Innovating today for a safe and secure tomorrow
The environment in which we operate is becoming increasingly digital, which brings both challenges and opportunities.

As our customers’ assets have grown in complexity, they’re turning to us for their technology solutions. Our experts exert technical authority to make better decisions for, and with, our customers wherever they are in the world.

Whether it’s applying engineering excellence or the latest technology, we combine our expertise with a practical mindset. We’re able to tackle high stakes, complex tasks in the most challenging environments.

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Skills Academy

Investing in tomorrow’s workforce
We focus on deepening the capabilities that matter to us and our customers; ensuring that we grow, embed and share those capabilities through the talent we have across our business.

With the largest nuclear qualified workforce in the UK, last year we launched the Babcock Skills Academy at Devonport to rapidly get our people ready to deliver the critical capabilities our customers need, both now and in the future.

Our Skills Academy is more than just a training solution, it’s a commitment to our people, our industry and our customer – their mission is our mission.

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Cutting-edge communications and control technology
Combining autonomous systems with advanced software that can deal with potential cyber threats could be a gamechanger in the modern defence landscape.

We have developed SwarmCore, our advanced software system made up of multiple networks, which can be used to control single or entire fleets of vehicles such as drones.

For our defence customers, developing technologies like this gives them more control in today’s complex defence environment, increased performance and security along with the ability for their teams to perform tasks remotely with solutions that are quicker and more cost effective to implement.

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Arrowhead 140

Proven, capable and adaptable
We have a rich history in design, development, and manufacture, from naval architecture to mission-based product solutions for defence and civil customers.

With our platform agnostic approach, from concept to manufacture, the design phase offers many opportunities for the support of future platforms, therefore optimising availability.

We are delivering the next generation of naval and marine vessels, while also ensuring our existing ships remain relevant against today’s threats. Delivering the capability our customers need, available to them wherever, whenever and however they need it.

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People – Investing for the future

Enabling knowledge transfer to future generations of employees