Another boost for CNGF

Article Abstract:

Matra BAe Dynamics UK's owning of UKAMS, which develops and will produce the UK variant of PAAMS (Principal Anti-Air Missile System) for the Common New Generation Frigate (CNGF), as its wholly owned subsidiary pushes forward the CNGF program. The agreement between former UKAMS shareholders, Matra BAe Dynamics, British Aerospace plc and GEC-Marconi will promote CNGF, despite criticisms about the frigate's future. The transfer of UKAMS will give Matra BAe Dynamics the prime-contractor role for the UK variant, while the PAAMS command and control system will be divided between Matra BAe Dynamics and GEC-Marconi.

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing, Frigates & Corvettes, Marine Integrated Weapons Systems, Naval vessels, Matra BAe Dynamics, Integrated weapons systems, Naval ordnance, Article, Common New Generation Frigate, UKAMS, CNGF, PAAMS, Principal Anti-Air Missile System

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VT continues to acquire

Article Abstract:

Vosper Thornycroft (VT) of the UK has announced in May 19, 2000 that it has acquired Bombardier Defence Services UK. The acquisition includes Airwork, Bombardier's wholly owned subsidiary that provides aircraft and equipment maintenance, repair, training and other services. The acquisition will make VT a mjor supplier of training and maintenance to the UK Royal Air Force and other air forces.

Military Ships, Vosper Thornycroft, Bombardier Defence Services UK

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General Dynamics to acquire Newport News Shipbuilding

Article Abstract:

General Dynamics Corp (GD) has announced that it has signed an agreement to acquire Newport News Shipbuilding and Dry Dock Co (NNS). GD is offering to buy all of NNS' publicly-held outstanding shares at a price of $67.50 per share. The transaction is valued at $2.6 billion, and includes GD assuming $500 million of NNS' debt. GD officials expect to seal the deal by 3rd qtr 2001.

United States, Shipbuilding & Repair, Newport News Shipbuilding and Dry Dock Co.

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