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Contract Wins and Joint Ventures

Babcock wins £500m Norwegian contract

29 June 2017 07:27

Babcock, has been awarded a new contract by the Norwegian government to provide communities across Norway with vital air ambulance support.

Initially for six years with options to extend by a further five years, the contract is worth around £500m for the full 11 years.

It will see Babcock operate 11 specialist fixed-wing aircraft from summer 2019, providing thousands of patients with access to specialist healthcare centres across Norway.

The aircraft will be secured on leases which match the contract period, including option years.

Operating from seven bases, the aircraft will be fitted out with custom-designed medical interiors, featuring hospital-standard equipment.

They will form a key part of Norway's overall healthcare infrastructure, where hospitals are increasingly developing specialist skills and capabilities for particular areas of treatment.

Story provided by StockMarketWire.com

Related Company: BAB

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