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.

Sales, profits & dividends, Military Ships, Naval vessels, Shipbuilding industry

---

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.

Landing Craft

---

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.

Contracts & orders received, Destroyers, Destroyers (Warships), Vosper Thornycroft

Similar abstracts:

• Abstracts: PLAAF continues to modernise at a slow yet steady pace. Final offers due for South African buys. Defending Venezuela
• Abstracts: Maritime Administration. Defense, transportation push transition to GPS
• Abstracts: VT's Norwegian frigate proposal. The quest for accuracy in naval ammunition. The booming world of fast attack craft, corvettes and frigates
• Abstracts: The tank killers. Getting the power down to the ground

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.