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Military shipbuilding company HII and international defence company Babcock International Group will collaborate on nuclear decommissioning and construction under a new strategic agreement.
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Both companies will collaborate on existing nuclear decommissioning contracts for ships and submarines in the United Kingdom and United States of America by sharing best practice and upskilling.
HII chief executive officer Chris Kastner said both companies will explore combined defence capability to support Australia, the United Kingdom, and the United States AUKUS programs.
“As we expand our presence globally this is an important agreement to leverage more than 60 years of HII expertise in complex nuclear processes on behalf of civil and defence customers,” he said.
“We are excited to explore with Babcock potentially promising opportunities for both companies.”
The memorandum of understanding identifies opportunities for cooperation in civil nuclear, including power plant and component design, fabrication, and construction in North America and the United Kingdom.
Babcock chief executive officer David Lockwood said the company will leverage capability of its wholly-owned subsidiary, Cavendish Nuclear, involved in the UK nuclear civil industry across the nuclear life cycle.
“This collaboration supports our expanding global reach and capability,” he said.
“We look forward to working with HII to realise the benefits that our collaboration can bring to the nuclear programs in the UK, US and beyond.”
