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Babcock shares surge on UK govt contract, Citi upgrade

By Frank Prenesti

Date: Wednesday 01 Apr 2026

(Sharecast News) - Shares in Babcock International surged on Wednesday after the defence company agreed an interim contract with the UK government to maintain naval base and nuclear submarine fleet support services and Citi upgraded the stock to 'buy' from 'neutral'.


A new long-term agreement is in the...

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