UK's Babcock Books $190 Million Charge on Type 31 Frigate Contract

UK's Babcock books $190 million charge on Type 31 frigate contract

Cost of building Royal Navy Type 31 frigates rises by £140m, say Babcock

'Higher than expected' rework expenses for Royal Navy Type 31 Portsmouth frigates leads to £140m cost rise

Five Inspiration-class frigates are being built and will be based in Portsmouth once commissioned into the fleet

Babcock raises Type 31 Frigate cost estimate due to rework

Babcock has reported a GBP 140 million charge on the Type 31 frigate contract after higher than expected rework levels during the outfitting and commissioning phase of the five-ship programme. Babcock International has posted a £140 million charge against its Type 31 general purpose frigate contract, attributing the cost overrun to design changes and the consequences of out-of-sequence build activity earlier in the programme. The company floated…

Babcock takes £140m hit from reworks to new Royal Navy warships

The company is set to deliver five frigates that are being built at its manufacturing site in Rosyth in Fife

Babcock hit by £140m warship overhaul cost blow as Navy frigate programme runs over - London Business News

Babcock International has taken a £140m charge after late-stage design changes and rework on its newest Royal Navy frigates, underscoring the pressure facing Britain’s defence supply chain as complex naval… The post Babcock hit by £140m warship overhaul cost blow as Navy frigate programme runs over appeared first on London Business News