16th Jan 2007 07:01
Babcock International Group PLC16 January 2007 16 January 2007 Babcock International Group PLC ("Babcock" or the "Group") Award of SLAM II Contract Babcock International Group PLC, the support services company, announces thatDebut Services Ltd, its consortium jointly owned with Bovis Lend Lease, has beenselected by the UK Ministry of Defence for the second phase of Defence Estates'Single Living Accommodation Modernisation project (SLAM II). SLAM II will deliver upgraded and new single living accommodation to armedservices personnel across England and Wales. The Project is expected to delivera further 7,000 bed spaces over a period of five years with Babcock providingthe through life maintenance services for the completed units with an estimatedvalue to Babcock of £20 million. Following the construction starting in 2008, Babcock will be involved inprogramme management and project planning. Following completion of theconstruction phases from 2009 onwards, Babcock will deliver maintenance servicesfor a 7 year period. Phase I of Project SLAM, which commenced in 2003, has seen Debut Services Ltdconstruct and maintain around 14,000 single living bed spaces. Peter Rogers, Chief Executive of Babcock, commented: "We are delighted to have been awarded the second phase of this Project.Together with Bovis Lend Lease, we are committed to working in partnership withDefence Estates to deliver a high standard of living accommodation for armedservices personnel." - Ends - Enquiries: Babcock International Group PLC Tel: 020 7291 5000Peter Rogers (Chief Executive)Bill Tame (Finance Director) Financial Dynamics Tel: 020 7269 7121Andrew Lorenz / Susanne Walker Notes to editors: About Babcock International Group PLC Babcock International Group PLC is an asset management business. We managefixed infrastructure and mobile assets for a range of blue chip customers.Babcock integrates labour, technical capabilities, systems and supply chainpartners to meet the outsourcing needs of customers for 'mission-critical'capabilities. In the year to 31 March 2006 sales from continuing business were £837 million. The Group operates across five core business segments: Defence Services, supplying facilities management, equipment support andtraining services to the armed forces. Technical Services, providing engineering and logistical support to both thedefence and civil sectors in the UK. Engineering and Plant Services, supplying design, installation and maintenancesupport to the energy sector in Africa and the US. It also holds the Volvofranchise for construction equipment in Southern Africa. Rail, providing design, renewal and installation services for the UK railinfrastructure. Networks, supporting the design, maintenance and renewal of power transmissionand cellular telecommunications networks in the UK. Babcock's head office is in London and the Company's shares are quoted on theLondon Stock Exchange in the support services sector (EPIC: BAB). For furtherinformation, please visit Babcock's website at http://www.babcock.co.uk./ This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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