Our strategy
Our purpose, to create a safe and secure world, together, informs all that we do.
Our strategy comprises four main areas:
Our technical capability
- Grow our UK business through optimising our existing position and entering selective new programmes
- Grow our international business through expanding activity in our focus countries, direct exports and strategic partnerships
Our people and capabilities
- Build our engineering capability, enhancing the mobility of our engineers
- Progress our early careers and back to work programmes
- Develop engineering and nuclear skills through the Babcock Skills Academy as well as via national and industry initiatives
Build strategic partnerships
- Work with our customers to deliver critical solutions
- Develop innovative solutions to solve complex customer challenges
- Work with industry partners to enter new markets and programmes
Being a responsible corporate citizen
- Progress our five ESG priorities and apply our framework for integrating sustainability into growth
- Promote the vital role of defence and national security aligned with ESG
Combining to deliver value for all our stakeholder groups:
Improved outcomes for our customers
A better place to work
Returns for our shareholders
Our growth strategy
We have a sustainable growth strategy across our business:
- In the UK we are optimising our existing positions and bidding selectively for new programmes.
- Internationally, we are expanding our footprint in, and from, our focus countries. We are also developing our exports from the UK.
- We are forming alliances with strong partners who see value in working with us and who understand the markets we’re entering.
UK
Optimise production
Selective new programmes
International
Expansion in focus countries
Direct exports
Strategic partnerships
Managing commercial and technical risk
What we do is complex. We’re a business that delivers a wide range of programmes with
interdependencies across our partnerships, our supply chain and our customers.
Our average programme length is five years, but some are decades-long, spanning multiple governments, geopolitical changes and unforeseen economic challenges.
