Business section of this mornings "Times" has an article saying Babcock's are instructing lawyers in a dispute with the MOD.
"the demanding production schedule is being affected by certain material macroeconomic factors that were not foreseen at contract inception (2019). These have led to an increase in actual and projected costs to deliver the programme" they said.
"unable to reach agreement with our customer as to who meets the increased costs.. . dispute resolution process has been commenced"
