Babcock FMSP bridging agreement extended

30 September 2026

Babcock FMSP bridging agreement extended

Babcock International Group PLC (Babcock or the Group), the defence company, has agreed a two-month extension to the Future Maritime Support Programme (FMSP) bridging agreement with the UK Ministry of Defence (MOD). This extension will commence on 1 October 2026.

This provides continuity of critical naval base and nuclear submarine fleet support services while Babcock and the MOD finalise the successor contract, the Gateway Agreement.

The Gateway Agreement will provide the long-term framework for Babcock’s critical contribution to UK defence capability as the sole provider of in-service submarine support to the Royal Navy. It will enable Babcock to support the Royal Navy’s Continuous At Sea Deterrent and its move to warfighting readiness, while providing the foundation for delivering the UK Government’s long-term investment in the submarine enterprise.

ENDS

For further information:

Andrew Gollan, Director of Investor Relations +44 (0)7936 039004

Karen Mitchell, Director of Communications +44 (0)7568 103242

Harry Cameron / Camilla Cunningham, Teneo +44 (0)20 7353 4200

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