Babcock International has been selected by the London Fire Brigade as the preferred bidder for its new 25-year training contract expected to be worth in the order of £500m.
Babcock will be working with the London Fire Brigade, the UK's largest fire and rescue service, to develop and deliver training programmes and new training facilities.
Over 200 courses will be delivered across London, as well as at ten regional training facilities and locally, on all stations, through Babcock's computer based training systems.
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Chief Executive Peter Rogers said: "We are delighted to have been chosen as preferred bidder for this contract, which reflects our ability to provide market-leading and critical training support."
There will be a mandatory 10 day standstill period before the process can continue to final contract award.
The share price fell 0.45% to 670.5p by 12:12.
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