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Babcock International Group and HII have partnered to help support the delivery of Australia’s nuclear-powered submarine capability.
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Under the agreement announced at DSEI in London, the companies revealed that they will develop models for achieving a sovereign nuclear-powered submarine capability spanning infrastructure, sustainment, and skills development.
The announcement builds on an existing relationship between the two companies in the United States and the United Kingdom on nuclear decommissioning, disposal, and national security opportunities.
Currently, Babcock sustains the entire UK Royal Navy’s submarine fleet and also owns and operates the UK’s only licensed facility for the refitting, refuelling, and defuelling of nuclear submarines.
As the US’ largest shipbuilding company, HII has delivered more than 60 nuclear submarines for the US Navy in the last 40 years.
The pair hope that in collaborating with Australian industry, they will help to build a “true” trilateral offering.
The two companies are uniquely positioned to support the delivery of the nuclear-powered submarine program, Babcock chief executive officer David Lockwood explained.
“Working with HII in Australia to support the critical capabilities required to deliver the AUKUS program is the next important step in our relationship and significantly strengthens our Australasian business,” Lockwood outlined.
“By harnessing Babcock’s heritage and capabilities to accelerate the development of sovereign capability in Australia, alongside HII’s extensive experience and expertise as America’s largest shipbuilding company, Babcock is strategically positioned to support the Australian government in the delivery of this critical program.
“National security has never been more important and now more than ever, what we do matters.”
In early September, Babcock Australasia formally announced the appointment of the company’s new chief financial officer and managing director for the company’s Australasian marine business.
Jamie Hollamby has been appointed as the company’s new chief financial officer (CFO) and Simon Spratt has been appointed as managing director (MD) of the Australasian marine business unit.
Hollamby joins Babcock from Sydney Water, where he is currently general manager, finance and business performance, tasked with overall commercial performance of the organisation.
Prior to that, he worked at SA Water as general manager, business services, where he led numerous teams including finance, IT, procurement and logistics, engineering and performance. Additionally, Hollamby draws on defence industry experience having also previously worked at BAE Systems in a variety of roles, including as interim general manager and at Henderson Shipyard as head of finance, corporate, and head of audit, businesses.
Hollamby holds a bachelor of accounting from the University of South Australia, is a member of the Chartered Accountants Australia and New Zealand, and a graduate of the Australian Institute of Company Directors and will be based at Babcock’s headquarters in Adelaide, South Australia.
