Babcock International Group PLC (BAB.L)
Babcock International reached a deal with Britain's Nuclear Decommissioning Authority (NDA) on Monday to end a contract to clean up 12 Magnox nuclear sites, pulling 800 million pounds ($1.01 billion) from Babcock's order book.
Feb 28 Babcock International remains on track to achieve its full-year targets, the British engineering support and outsourcing company said on Tuesday, noting that order intake remained strong.
* Defence sector underpinned by world politics shift (Adds comment on international business, outlook, shares)
EDINBURGH, Nov 22 Babcock International aims to expand its foreign business to make up 30 percent of sales, CEO Archie Bethel said on Tuesday, adding that prospects for the defence sector had been underpinned by recent political events.