ANZAC Class Frigates
Babcock's 50/50 joint venture with UGL has secured a £115m deal to provide maintenance support services to the Australian Navy.
The five-year programme will see the Naval Ship Management (NSM) joint venture deliver critical engineering services to sustain eight ANZAC Class Frigates as part of the long-term Australian Warship Asset Management Agreement (WAMA).
NSM will undertake the planning, scheduling, management and execution of preventative and corrective maintenance for the ANZAC fleet and its system support facilities on the East and West Coast of Australia.
The WAMA programme, a strategic partnership between NSM, BAE Systems, SAAB and the Commonwealth of Australia, is designed to ensure that the Frigates stay in service until at least 2031.
Babcock CEO, Archie Bethel, said: "I am delighted that we have successfully achieved the next stage of the contract to look after Australia's ANZAC fleet.
“Babcock has a long and successful history of working with the Australian Navy and we look forward to continuing that relationship over the next 14 years."