KierBAM joint venture secures £600m Devonport defence contract

11/3/2026
Impact: 55
Financial Services

Kier and BAM’s joint venture has secured a £600 million contract to upgrade 10 Dock at Devonport Royal Dockyard in Plymouth. The project, part of Babcock’s Major Nuclear Capital Programme, will improve maintenance capacity and availability for current and future submarine fleets at a facility critical to the UK’s Defence Nuclear Enterprise. The article reports no financial results or share-price impact.

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