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Babcock Intnl Group BAB Hitachi support on UK nuclear new-build programme

  Babcock Intnl Group (BAB) - Hitachi support on UK nuclear new-build
  programme

RNS Number : 7997P
Babcock International Group PLC
30 October 2012








30 October
2012






Babcock International Group PLC (Babcock)



Babcock to support Hitachi on UK nuclear new-build programme



Babcock, the UK's leading engineering support services company, announces that
it has signed a Memorandum of Understanding to join with Hitachi Ltd (Hitachi)
to plan and deliver its new nuclear reactors in the UK. The agreement follows
the announcement of Hitachi's acquisition of Horizon Nuclear Power.



Under the terms of the agreement, Babcock will discuss with Hitachi and its
partners, including Rolls Royce, how its skills and capabilities can be best
used to support the delivery of Hitachi's nuclear new build programme in the
UK.



Peter Rogers, Chief Executive of Babcock commented:

"We are delighted to be working in partnership with Hitachi, a recognised
leader in the global nuclear market. Our significant experience in the UK
nuclear sector complements the international experience of Hitachi. We look
forward to exploring how our skills, capabilities and experience can
contribute to the delivery of this project of national strategic importance,
meeting the future energy demands of the UK and creating long-term
opportunities for UK companies."



Ends



Enquiries

Babcock International Group
PLC 020 7355 5300

Peter Rogers

Terri Wright



FTI
Consulting
020 7269 7291

Richard Mountain





Notes to Editors:



1. Babcock International Group PLC (LSE: BAB), is the UK's leading
engineering support services company with 25,000 employees supporting civil
and defence customers across the globe. Underlying revenue for the 2012
financial year was
c £3 billion.

Babcock is the largest specialist nuclear services business in the UK, with
unrivalled experience as a UK site licensee and operator.

For more information please visit www.babcockinternational.com



2. Babcock is the Licensee/operator of five UK nuclear sites, the second
largest after EDF in the UK, and is fully conversant with the UK nuclear
regulatory regime. Babcock has a nuclear workforce of some 5,700 skilled
employees with a large team of expert design, safety, license support
engineering, scientists and other specialists. Over the last 4-5 years,
through a series of acquisitions, we have brought together many of the UK's
leading nuclear organisations.



3. Babcock has the only proven UK capability for construction of nuclear
facilities, having designed, built, commissioned and successfully licensed the
last major nuclear facility to be constructed in the UK, the £1 billion D154
facility which is used for refuelling the UK nuclear submarine fleet at our
Devonport site.

4. Babcock is the largest module builder in the UK and is experienced in
complex high quality modular manufacturing. Babcock has a major role in the
integrated delivery of the new aircraft carrier project for the UK government,
the largest, most complex Royal Navy ships ever built. Babcock is responsible
for module construction at our Appledore facilities and final assembly at our
Rosyth site.

5. Babcock's training business is the largest in the UK, delivering around
10% of all UK apprenticeships and technical training across the public and
private sectors. As well as delivering learning programmes to over 20,000
learners and working with over 6,000 employer sites, Babcock is also an
employer of apprentices, with around 600 technical apprenticeships across its
operations.

6. Hitachi, Ltd., (TSE: 6501), headquartered in Tokyo, Japan, is a leading
global electronics company with approximately 320,000 employees worldwide.
Fiscal 2011 (ended March 31, 2012) consolidated revenues totalled 9,665
billion yen ($117.8 billion). Hitachi is focusing more than ever on the Social
Innovation Business, which includes information and telecommunication systems,
power systems, environmental, industrial and transportation systems, and
social and urban systems, as well as the sophisticated materials and key
devices that support them.

For more information on Hitachi, please visit the company's website at
http://www.hitachi.com.











                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCPGGWCUUPPPUB -0- Oct/30/2012 07:00 GMT
 
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