Joint venture between VT Group and BAE for biggest UK shipbuilding firm

Posted on 12 Jun 2008 by The Manufacturer

A joint venture has been agreed between naval warship giants VT Group and BAE Systems in a move which will secure thousands of UK shipbuilding jobs.

Called BVT Surface Fleet Limited (BVT), the venture will sign a 15 year partnering deal with the UK Ministry of Defence (MoD) to design, build and supply military surface vessels and aircraft carriers with through-life support. BVT will employ 7,000 staff across operation bases in Bristol, Glasgow and Portsmouth. After announcing the initial proposals for…

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