20th Feb 2023 12:25
Babcock International Group PLC - London-based defence contractor, focused on aerospace, defence and nuclear engineering services, specialising in managing complex assets and infrastructure - Signs framework agreement with Daresbury, Cheshire-based 3D metal printing company Additure. Agreement aims to enhance Babcock's digital manufacturing capability within its Land business.
Additure Technical Director Ian Brooks explains: "In any global supply business, it is crucial that the right materials and spare parts are in the right place at the right time. We will assist Babcock in this goal by enhancing its manufacturing capability with the latest digital engineering and manufacturing practices, providing a credible and cost-effective solution for the provision of critical, low volume parts."
Current stock price: 318.00 pence, down 0.4% on Monday
12-month change: up 4.1%
By Tom Budszus, Alliance News reporter
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