logo
  

Babcock Australia Gets Contract From Australian Defence Force - Quick Facts

Babcock International Group PLC (BAB.L) said Babcock Australia has been awarded a major multi-year programme to upgrade the Australian Defence Force's Defence High Frequency Communications System. The contract is worth approximately 492 million pounds over 10 years.

Babcock said, starting in October 2023 under the JP9101 - Enhanced Defence High Frequency Communications System program, the new system will provide Australian and allied armed forces with the ability to securely communicate using voice and other data from almost any location across the globe.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Health insurer Humana Inc. reported Wednesday a net loss for the fourth quarter that slightly widened from last year, hurt primarily by charges associated with productivity initiatives, despite 6.6 percent revenue growth. Adjusted earnings for the quarter topped analysts' expectations, while quarterly revenues missed it by a whisker. South Plainfield, New Jersey-based Two Rivers Coffee is recalling its peanut butter single serve hot chocolate pods citing an undeclared peanut allergen, the U.S. Food Drug Administration said. The recall involves peanut butter single serve hot chocolate pods distributed as "Brooklyn Bean Peanut Butter Cup Hot Cocoa", "Pingo Peanut Butter Cookie Hot Chocolate" and ... Shares of Novartis AG were losing around 2 percent in the early morning trading in Switzerland after the drug major reported Wednesday sharply lower profit in its fourth quarter with weak sales as well as the absence of prior year's hefty Roche income. Adjusted earnings, however, topped market estimates, while top line missed their view. Further, the company announced higher dividend...
RELATED NEWS
Follow RTT