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Babcock warns on potential £100m hit from UK frigate contract

Published by Frank Prenesti on 20th April 2023

(Sharecast News) - UK defence engineer Babcock on Thursday said it may have to take a hit of up to £100m on a Royal Navy frigate contract after inflation pushed build costs higher as it argued with the government over who should pick up the bill.

URL: http://www.digitallook.com/dl/news/story/33447948/...

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