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Home›Contracts›Babcock, Saab score $117.5M deal for Australia's Anzac frigates
Contracts

September 2, 2026 · 2 hours ago

Babcock, Saab score $117.5M deal for Australia's Anzac frigates

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Fatima Bahtic

Naval Today

2 minutes read
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Anzac class
Credit: Babcock

Babcock Australasia (Babcock), in partnership with Saab Australia (Saab), has been selected as the Frigate Capability Life Cycle Manager (CLCM) for the Royal Australian Navy's Anzac-class frigates.

As informed, the team will provide critical asset management, engineering and supply chain services to ensure the Royal Australian Navy’s Anzac-class frigates remain seaworthy, materially ready and available into the future.

The new, five-year contract is valued at around $117.5 million. Babcock and Saab will work closely with defense to manage the critical Anzac capability through the remainder of their lifecycle as the RAN transitions to a new fleet of surface combatants.

“We are delighted to be continuing our long-standing support for critical maritime sustainment for the Royal Australian Navy from Henderson, Western Australia, in partnership with Saab," Babcock Australasia Acting CEO Leah Grantham said.

“Babcock is proud to deliver this vital work uplifting sovereign capability, creating local jobs, strengthening the economy and ensuring the Anzacs remain operational, seaworthy and ready to meet Australia’s defence needs now and into the future."

“This contract reflects the strength of our partnership with Babcock, bringing together complementary capabilities to deliver sovereign and future‑focused sustainment outcomes for the Royal Australian Navy," Saab Australia Managing Director Andy Keough CSC stated.

Both companies have supported Anzac-class sustainment as key members of the Warship Asset Management Agreement (WAMA).

Babcock has also supported the New Zealand Defence Force as its Strategic Maritime Partner, maintaining 100 per cent of the Royal New Zealand Navy fleet, while serving as the Regional Maintenance Provider West (RMP-West) for the RAN’s Anzac-class fleet and other critical vessels.

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