Babcock guidance on target as global defence spending boom bolsters contractor's profits
![Babcock guidance on target as global defence spending boom bolsters contractor's profits](https://i.dailymail.co.uk/1s/2024/07/26/09/54987441-0-image-m-10_1721982544218.jpg)
In the year ending March 2024, the company's turnover flatlined at £4.4billion but rose by 11 per cent on an organic basis thanks to good results by its land and nuclear divisions.