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HS2 could cost up to £102.7bn and trains will be slower than first planned
HS2 could now cost up to £102.7bn, the transport secretary has announced, but vowed the government will deliver the project “to completion”.
Babcock signs initial agreement under Indonesia Maritime Partnership Programme
Babcock International Group has secured its first agreement under the £4 billion Maritime Partnership Programme (MPP) with Indonesia, for the sale of two Arrowhead 140 frigate licences, to be delivered over the coming months. A Letter of Intent outlining Indonesian procurement aims for the MPP has been signed, alongside an initial agreement for the two licences, to be delivered in the next few months. These build on Babcock’s original export of two Arrowhead 140 licences in 2021.
The announcement underpins the growing momentum of Babcock’s frigate exports and comes just weeks after the first ship, in the Merah Putih frigate class programme, undertook its initial launch in Indonesia.
Read more here: Babcock signs initial agreement under Indonesia Maritime Partnership Programme – ADS Advance
Credit: ADS
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