Babcock's Profit Surge: A Boost for UK Defense
Update: 2025-11-21
Description
Babcock, a defense company, saw a significant profit rise, with CEO David Lockwood praising renewed interest in Britains arms industry. Shares more than doubled, leading to Babcocks return to the FTSE one hundred index. Lockwood highlighted the companys investment in employees and confidence in government defense spending, despite public finance pressures.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
