UK-based Babcock and the Polish Armaments Group (PGZ) have signed a framework agreement to establish a joint venture combining their shipbuilding and equipment support expertise.
The new business will see increased cooperation between the firms to deliver Poland’s future MIECZNIK frigate and explore other international opportunities.
Under the joint venture, the companies will optimize technologies, resources, and infrastructure to partner with other naval and associated defense programs.
“In today’s world, sovereign defence has never been more important,” Babcock CEO David Lockwood stated.
“Our planned Joint Venture with PGZ continues to build on our increasingly close relationship, enabling us to consolidate the core capabilities of both organisations to benefit our current and future customers.”
Supporting British, Polish Strategic Partnership
Babcock says the joint venture will contribute to the UK and Poland’s “industry collaboration and wider prosperity generation.”
It aligns with the recently signed 2030 Strategic Partnership, which seeks enhanced security, policy, and defense cooperation between the British and Polish governments by the decade’s end.
“The Framework Agreement concluded today is built on the strong and fruitful relationship between PGZ and Babcock,” PGZ CEO Sebastian Chwałek explained.
“Strengthening the potential of the Polish Navy is an absolute priority for us, but in the long term, together with Babcock we also plan to create export opportunities.”
“Cooperation in the development of naval forces is also an action to strengthen NATO, of which both our countries are extremely important representatives.”