Babcock releases Annual Report 2023

We’re pleased to announce that our 2023 Annual Report has been published and is available to read or download.

Titled ‘Building Momentum’, this year’s edition of our Annual Report highlights the success achieved during our transformation over the last two years. With our portfolio realignment complete, we are in a strong position to focus on growth by leveraging the critical role we play in international defence.

Ruth Cairnie, Babcock Chair, said: “Our defence customers have increasingly complex requirements, driven by a world of evolving threats, the requirement to deliver value for money and the need to develop new and enhanced capability at ever greater pace. Guided by our Purpose, to create a safe and secure world, together, we are well placed to provide the affordability, availability and capability our customers demand in today’s uncertain times. Now more than ever, what we do matters.”