Canadian Submarine Management Group (CSMG), Inc. Changes Name to Babcock Canada Inc.

OTTAWA, Nov. 23, 2011 /CNW/ - Babcock International Group PLC (Babcock) announces today the re-branding of its Canadian Subsidiary "CSMG Inc." to "Babcock Canada Inc." effective immediately. This name change will ensure that the company's image and name accurately reflect the work they do.

Babcock International Group first established a presence in Canada in 2007 as Canadian Submarine Management Group (CSMG), as part of a joint venture between Babcock and Weir Canada. Weir's share in the joint venture has since been transferred to Babcock such that Babock Canada Inc is wholly owned by the Babcock International Group. The company is currently under contract with Canada for the Victoria class submarine In-Service Support Contract (VISSC). As such it provides a wide range of services including programme and Project Management, Materiel & Logistic Support, Systems Engineering, Configuration Management & Records Support, Maintenance & Extended Docking Work Period  Support, and Information & Knowledge Management. Babcock Canada Inc. operates in three locations in Canada; Ottawa, Victoria, and Halifax.

Its parent company, Babcock International Group, manages vital assets valued over $62B and employs over 27,000 skilled staff who design, build, manage, operate and maintain assets that are vital to the delivery of many key public services across the UK, North America, Africa, and Australia.

The President of Babcock Canada Inc, Mr. Michel Bouchard states; "For the past 3 years we have built on the solid reputation of Babcock International as the leading naval in-service support provider in Canada. It is now time to acknowledge that, while re-enforcing our commitment to remain a truly Canadian company, hence the re-branding to Babcock Canada Inc. The company's ownership, people, products, and service have not changed, and our new name and image reflect our historical roots while emphasizing core competencies. Most important we will continue to live up to our motto; "trusted to deliver" and we will maintain the company's focus on meeting the needs of the Canadian Government and Canadians. We are proud of the work accomplished under the Victoria class submarine In-Service Support Contract (VISSC) over the past 3 years. Our line of business is unique to Canada and we will continue to offer the opportunity for Canadian to develop and retain these highly specialized skills."

The current framework established under VISSC is very much in line with the National Shipbuilding and Procurement Strategy (NSPS) and offers an environment where the ability for on-site Canadian decision and reach back capability work in harmony. I am confident that the in-service support model used for the submarine is only the beginning and that its applicability will spread to other market areas such as surface ships and the nuclear sector as was experienced in other allied countries.

Babcock Canada Inc. is committed to its main customer; "the Government of Canada", to be "trusted to deliver", to offer opportunities to Canadians, and to energize the local economies through community events' participation and partnership activities."

Notes to Editors

Babcock International Group PLC

1. Babcock International Group PLC is a FTSE 250 company with revenue of £2.9bn and profit before tax of £286.9m in 2011, and has more than 27,000 employees across the globe.

2. Babcock Canada Inc. is the lead corporation providing In-Service Support to the 4 Victoria Class submarines for the Royal Canadian navy.  The project revolves around a 15-year contract with the Canadian Government to provide management and support services in the field of project management, configuration management, logistic, engineering and maintenance for this very specialized equipment

3. Babcock Canada Inc. has 175 employees located in Ottawa, Victoria, and Halifax.

4. More information is available through the company's website, www.babcockcanada.com. This site prominently features the company's recent involvement and achievements in Canada and has a link to the parent company website; "Babcock International Group PLC".

SOURCE Babcock Canada Inc.

For further information:

Enquiries:

Babcock Canada Inc.
Michel Bouchard President
613-567-2764  ext.  5301
Gilles Hainse Program Manager Naval In-Service Support (Surface)
902-240-7244


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