U.K. defense contractor Babcock International has unveiled plans to relocate over 2,000 staff from its Devonport Royal Dockyard to a new center in Plymouth city center, in a move designed to stimulate
U.K. defense contractor Babcock International has unveiled plans to relocate over 2,000 staff from its Devonport Royal Dockyard to a new center in Plymouth city center, in a move designed to stimulate regional economic growth and social development.
The announcement comes as Babcock outlines its increasing influence across society as its impact, beyond the balance sheet from the Defense Dividend, is revealed.
To further unlock potential and transform thousands of lives and businesses, as part of a wider economic and social blueprint across the U.K., the company is planning to relocate employees from some of its Devonport support functions into a new capability center in the center of Plymouth to help boost collaboration, foster wider prosperity and support defense delivery.
The 2025 Strategic Defense Review defined a new Defense Dividend as an engine for growth and a partnership with industry that will create jobs, wealth and opportunity in every corner of the U.K.
Detailed in Babcock’s approach to delivering the Defense Dividend, the company outlines that it is investing in regeneration and prosperity through local partner initiatives, with $755 million (£550 million) invested in 3,800 U.K. Small to Medium sized Enterprises and a key supporter of regional investment zones
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