Ascent joint venture contract award

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 £1.1 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

 


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