Babcock International Group PLC Babcock awarded Italian firefighting contract (2338C)
January 18 2018 - 3:00AM
UK Regulatory
TIDMBAB
RNS Number : 2338C
Babcock International Group PLC
18 January 2018
18 January 2018
Babcock International Group PLC (Babcock or the Group)
Babcock awarded Italian firefighting contract
Babcock, a leading engineering services company, has been
awarded a significant national contract by the Italian Ministry of
Interior for a fully outsourced aerial firefighting service. Due to
start in February 2018, the rebid is worth a total of around GBP160
million for the first four years and includes an option for a
further four-year extension which could increase this value to
around GBP320 million.
The contract, which Babcock has been successfully operating for
seven years, will see the delivery of firefighting services across
up to ten bases across Italy, together with fleet management,
operations and maintenance of 19 CL-415 Canadair aircraft owned by
the Italian Government.
Babcock Chief Executive Archie Bethel said:
"This is a flagship contract for Babcock's Aviation business and
further demonstrates our international aerial firefighting
capability. Aerial firefighting is a vital and life-saving service,
as we saw from the devastating fires Europe experienced in 2017. I
am delighted Babcock has again been chosen to deliver this
nationally important contract across Italy."
Babcock's aviation business has also been awarded a new contract
in Sweden to operate a patient transfer service for the people of
Västra Götaland County, Sweden. This is a new Emergency Medical
Services contract, which will see the Group operate a
specially-configured AW169 from a new base in Gothenburg. Flights
will start in 2018 when the operation transfers to Babcock from the
current in-house provider. The four-year contract, with further
options for two years' extensions, has a total value of up to 380
million SEK (GBP34m).
Ends
Enquiries
Babcock International
Group PLC 020 7355 5300
Franco Martinelli
Kate Hill
FTI Consulting 020 3727 1340
Andrew Lorenz
Nick Hasell
This information is provided by RNS
The company news service from the London Stock Exchange
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