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Babcock International expects to benefit

Posted on 23 Dec 2016. Edited by: John Hunter. Read 3097 times.
Babcock International expects to benefitThe defence and support-services group Babcock International (www.babcockinternational.com) has said it expects to benefit as NATO member states in Europe come under pressure from US President-elect Donald Trump to increase their defence spending.

Archie Bethel, who took over as chief executive of Babcock in September, said: “NATO members who don’t spend 2% of GDP on defence may come under pressure from the Trump regime to step up their spending.”