UK's Babcock tops FTSE 100 on UK defence ministry contract

Babcock International

01/04/2026 08:04

** Shares of British defence firm Babcock BAB.L up 5.4% at 1,220p - top gainer on the FTSE 100 index .FTSE

** Co agrees to a six-month bridging contract with the UK's Ministry of Defence, with a new long-term agreement being evaluated

** BAB has fallen about 3% YTD

(Reporting by Yamini Kalia in Bengaluru)

((Yamini.Kalia@thomsonreuters.com))