Babcock is one of the UK’s leading companies(S, 2006) which provide the support for the engineering services. It has an active role in the defence, energy, telecommunication and transport where it provides critical support. The overall revenue of the company is 13 billion pounds.
It is around 140 years old and has a strong position in the market. It mainly focuses on the engineering services where it works for the management of the assets and infrastructure, helps the companies or individuals in the easy delivery of the products all around the world and also provides integrating engineering expertise.
The main objective of the company is to establish a leading position in the engineering and support services in the U.K. and other selective market around the world. This, company thus works by creating the value for the stack holders.
The company believe that they will achieve their mission by having a leading position in the market, by working with preferred customers and by balancing risk and reward and maintaining an efficient safety record. The company has more than 26000 staff who are enrolled in different projects related todesigning, building, and management and operational and maintenance sectors. The key factor which has been a reason for the continuous growth of the organization is their market reputation.