TIDMBAB

RNS Number : 7888N

Babcock International Group PLC

02 February 2016

2 February 2016

Babcock International Group PLC (Babcock or the Group)

Ascent joint venture awarded contract to train UK military fixed wing pilots

The UK's Ministry of Defence (MOD) has today announced the award of a GBP1.1 billion contract to deliver the fixed wing element of the UK Military Flying Training System (UKMFTS) to Ascent Flight Training Ltd (Ascent).

Ascent, a 50/50 joint venture between Babcock and Lockheed Martin, is responsible for delivering the UK Military Flying Training System (UKMFTS) through to 2033, in partnership with the MOD. The aircrew training will take place at several military sites and comprises the delivery of three aircraft types, together with the provision of instruction, infrastructure and full life support through to 2033.

Babcock's Chief Executive Peter Rogers said:

"Fixed wing training is an important part of the 25-year UKMFTS programme. Today's announcement secures the future of fixed wing flight training for the UK's Armed Forces."

Ends

Enquiries

 
 
   Babcock International 
   Group PLC                  020 7355 5300 
 Franco Martinelli 
  Kate Hill 
 
 FTI Consulting             020 3727 1340 
 Andrew Lorenz 
  Nick Hasell 
 
  Ascent Flight Training 
  Ltd 
  Press office                075 9060 0643

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 02, 2016 06:05 ET (11:05 GMT)

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