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Babcock Buys UK’s Only Dockyard for Nuclear Subs

Babcock Buys UK’s Only Dockyard for Nuclear Subs

by Joe Katzman | May 15, 2007 | Britain/U.K., Mergers & Acquisitions, Other Corporation, Policy - Procurement, Submarines, Support & Maintenance

KBR (51% owner), the Weir Group, and Balfour Beatty have all agreed to sell their interests in Devonport Management Limited (DML) to Babcock International Group plc for total proceeds of GBP 350 million (currently about $695 million). KBR’s ownership in DML is...
Babcock Buys UK’s Only Dockyard for Nuclear Subs

$12.3M for DEA Training Center

by Joe Katzman | May 15, 2007 | Bases & Infrastructure, Delivery & Task Orders, Domestic Security, Other Corporation, USA

John C. Grimberg Co., Inc. in Rockville, MD received $12.3 million for firm-fixed-price Task Order 0017 under previously awarded indefinite-quantity multiple award construction contract (N62477-04-D-0012), for construction of a clandestine lab training center at the...

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