Babcock signs £115m five-year deal to maintain Australian navy frigates
Under a contract worth around £115 million (AU$200 million), the Naval Ship Management (NSM) joint venture will be delivering engineering services to sustain the eight frigates, starting in January 2018.
The contract is part of the Australian Warship Asset Management Agreement (Wama) programme, a partnership between NSM, BAE Systems, SAAB and the Australia designed to keep the frigates in service until 2031. Babcock formed the 50:50 joint venture with UGL in 2012 to provide services for the Australian navy.
NSM will undertake the planning, scheduling, management and execution of preventative and corrective maintenance for the Anzac fleet and its system support facilities on the East and West Coast of Australia.