2008
June 11
VT Group and BAE Systems announce formation
of BVT Surface Fleet Limited
VT Group plc (VT) is pleased to announce that it has today
signed a final legally binding agreement with BAE Systems plc (BAE
Systems) on the formation of a surface shipbuilding and naval
support joint venture company to be called BVT Surface Fleet
Limited (BVT).
January 2
VT Group completes U.S.
Acquisition
Following the announcement on November 21, defense and support
services company VT Group (VT) has completed the acquisition of
Maryland-based military aviation support specialists Advanced
Engineering and Planning Corp., Inc. (AEPCO). Completion follows
receipt of US regulatory approvals.
2007
November 21
VT Group Expands U.S. Support Services
Offering
Defence and support services company VT Group (VT) has expanded
the range of its activities in the United States with the
announcement today of the acquisition, subject to US regulatory
approvals, of military aviation support specialists Advanced
Engineering and Planning Corp., Inc. (AEPCO).
July 25
VT Group and BAE Systems to Create a
World-class Provider of Naval Ships and Through-life
Support
VT Group plc ("VT") is pleased to announce that it has entered
into a Framework Agreement with BAE Systems plc ("BAE Systems") to
establish a joint venture intended to create a world-class provider
of naval ships and associated through-life support.
February 12
VT Group to Increase U.S. Technical
Services Capability with Latest Acquisition
Support services and shipbuilding company VT Group (VT) has
strengthened its US business with the acquisition of MILCOM Systems
Corporation (MILCOM) for a debt free cash consideration of $42.5
million.
2005
April 1
VT Group 25.5 Million Acquisition
Strengthens U.S. business
Support services and shipbuilding company VT Group, has added to
its capability in the United States with the acquisition, through
its US subsidiary VT Griffin Services, of Washington-based The Cube
Corporation.
2001
November 2
VT Expands Military Support into
USA
In a strategic move to broaden the market base of its support
services business, VT has agreed to acquire Griffin Services Inc
("Griffin") for a total consideration of up to $31m from private
vendors. $19M will be paid at completion with a further $12m
payable based on future performance.