Engineer to target nuclear decommissioning contracts
Engineer Babcock has upped its pipeline of work by 拢3.5bn as it goes after big nuclear decommissioning work, it announced today.
The firm said it was operating in a 鈥減ositive market鈥� with a 鈥渟trong position鈥� and 鈥渄istinctive business model鈥� and is aggressively driving for new work. It increased its pipeline from 拢9.5bn in May to 拢13bn today.
It said it was targeting nuclear decommissioning work for reactor site owner Magnox and a number of research reactors which are due to be awarded in 2014.
In addition it will target shorter term wins providing support services to the Ministry of Defence providing services such as military equipment training.
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