BMT swells despite 'slow' defence
Article Abstract:
British Maritime Technology Ltd (BMT) reported profits of more than 1.85 million pounds sterling ($2.92 million) in 1999. The performance, which also saw an increase in the firm's capital and reserves by 800,000 pounds, was achieved despite an admittedly 'slow' worldwide defense market. BMT, which made the report during a press conference held in London, England, in Feb 2000, also disclosed an increase in total revenue of 44.5 million pounds for the year and the purchase of additional firms.
Publication Name: Jane's Navy International
Subject: Military and naval science
ISSN: 0144-3194
Year: 2000
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Large LSLs competition for five UK yards
Article Abstract:
The UK Ministry of Defense has issued to five local shipbuilders the Invitations to Tender for the two new large landing ships (LSLs) intended to replace the Royal Fleet Auxilliary's Sir Percival and Sir Geriant LSLs n 2003 or 2004. The five are Swan Hunter, BAE Systems, Harland And Wolf, Cammel Laird and Appledore Shipbuilders. The contract, which is worth about $199.61 million, includes options for up to three additional ships of the class.
Publication Name: Jane's Navy International
Subject: Military and naval science
ISSN: 0144-3194
Year: 2000
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Vosper Thornycroft issues shipbuilding warning
Article Abstract:
Vosper Thornycroft, a Southampton, UK-based shipbuilder, has indirectly asked the British government to confirm interim contracts for the construction of the Type 45 destroyers. Without the confirmation, the shipbuilder threatened to stop the building of the Type 45 construction facilities at the Porstmouth naval base. The facilities are expected to cost the company upwards of $43 million.
Publication Name: Jane's Navy International
Subject: Military and naval science
ISSN: 0144-3194
Year: 2000
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