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155:
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37:
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valued its share at a minimum of £380 million subject to conditions, however VT Group was expected to make a cash injection into the business to offset difficulties with contracts with
Trinidad and Tobago and Oman. Following the sale of VT Group's 45% share, BVT Surface Fleet was renamed
57:
Maritime, Aviation, Information
Systems and Technology, Manufacturing and Fabrication, IT, Engineering, Infrastructure & Installation, Unmanned, Logistics & Training, Base Operations, Healthcare, Hospitality, Commercial, Government Solutions, Security & Surveillance,
269:
Vosper
Thornycroft flourished even during lean times for warship building, mainly through successful sales efforts in exports and diversification outside the core shipbuilding business into training and support. In 1998, Vosper Thornycroft acquired the specialist military
182:
VT Group plc was a
British defence and services company, formerly known as Vosper Thornycroft. The company had diversified from shipbuilding into various engineering and support services, becoming involved in many areas of provision through five main operating groups:
285:
for former Avis Car Hire boss Joe
Vittoria. At the time of its completion in 2004, Mirabella V was the world's largest single-masted sailing vessel with an overall length of 75 metres and a mast height of approximately 87 metres.
349:
for £75m. As the provider of nuclear decommissioning and waste treatment engineering services, Project
Services gave VT Group access to the nuclear industry in the UK and abroad. The business was renamed VT Nuclear Services.
187:, VT Education and Skills, VT Services Inc and VT Support Services. VT Group exited the shipbuilding industry in October 2009, after selling its 45% share of the Shipbuilding Joint Venture company
174:
in the early 2010s. In July 2012, The
Resolute Fund II, LP, an affiliate of The Jordan Company acquired VTG. In September 2023, VTG received a new majority investment from A&M Capital Partners.
1264:
1601:
412:
focused on maritime, aviation, information systems and technology, manufacturing and fabrication, digital transformation, and national security with more than 1500 employees.
694:
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is a privately held United States defense and services company, with its origins in a former
British shipbuilding group, previously known as
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Babcock integrated the UK portion of VT Group into its own business. In 2012, Babcock sold VT Group, which was by then US-based, to the
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On 28 January 2009 VT Group announced its intention to sell its share of BVT Surface Fleet to BAE Systems. VT Group's
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In 2001, in their most ambitious diversification project, VT started work on the US$ 55million superyacht
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From its formation in 1966, the company was based at the former
Thornycroft shipbuilding yard at
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Naval
Dockyard under the name VT Shipbuilding. In 2008, VT Shipbuilding was merged with
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203:, the remainder of the firm was acquired by Babcock International Group in July 2010.
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had a long history of building destroyers and similar sized craft. The company was
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Advanced Systems Supportability Engineering Technologies and Tools (ASSETT)
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In 2008, VT Group acquired BNG Project Services from the government-owned
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VTG received a new majority investment from A&M Capital Partners
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The company was formed by the merger of two shipbuilding companies
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314:
703:
Modern timeline of British shipbuilding companies, 1960–present
293:
Move to Portsmouth Naval Base and creation of BVT Surface Fleet
346:
289:
From 2002, the overall business was known as VT Group plc.
660:
147:
337:, with Halmatic also moving into Portsmouth Naval Base.
234:
in 1966, at which time the Company became listed on the
1602:
Companies formerly listed on the London Stock Exchange
375:
In 2010, the British defence and construction company
581:
493:"BVT Surface Fleet Joint Venture becomes operational"
608:"Babcock Int'l to sell VT Services to VT Holdings"
534:"VT Group to sell stake in shipbuilding JV to BAE"
340:
531:
1573:
262:. It became a commercial company again after a
495:(Press release). BAE Systems plc. 30 June 2008
170:. The British part of VTG was integrated into
688:
532:Sandle, Paul; Hepher, Tim (28 January 2008).
370:
1617:Companies based in Fairfax County, Virginia
1597:Manufacturing companies established in 1966
258:Government in 1977, becoming a division of
695:
681:
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1612:Defense companies of the United States
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540:. London: Guardian Newspapers. Reuters
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126:National Technologies Associates, Inc.
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930:Harland & Wolff Heavy Industries
561:"Babcock and VT agree £1.3bn merger"
515:"VT Group Buys BNG Project Services"
386:Resolute Fund II LP, linked to the
1005:Swan Hunter & Wigham Richardson
400:VT Group rebranded as VTG in 2020.
24:
559:Wachman, Richard (23 March 2010).
25:
1628:
652:
519:Nuclear Engineering International
431:"Babcock's public service appeal"
71:John I. Thornycroft & Company
1557:British Shipbuilders Corporation
379:purchased VT Group for £1.32bn.
367:to reflect the total ownership.
353:
1071:A&P Appledore International
626:
403:
341:Entry into the nuclear industry
210:Vosper Thornycroft company logo
1345:British Hovercraft Corporation
1223:Fairfield Sh'b. & Eng. Co.
600:
575:
552:
507:
485:
470:
13:
1:
1607:2012 mergers and acquisitions
1246:Charles Connell & Company
895:Hawthorn Leslie & Company
415:
1277:Alexander Stephen & Sons
904:Caledon Sh'b. & Eng. Co.
429:Hasell, Nick (11 May 2010).
7:
1113:Cammell Laird & Company
987:Scotts Sh'b. & Eng. Co.
584:"Completion of Acquisition"
582:Babcock International PLC.
134:Next Rev Technologies, Inc.
10:
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1085:William Doxford & Sons
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937:Ailsa Shipbuilding Company
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908:Robb Caledon Shipbuilding
893:
634:"VT Group rebrands as VTG"
371:Takeover and restructuring
177:
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1216:BAE Systems Surface Ships
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1155:Vickers Ltd. Shipbuilding
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365:BAE Systems Surface Ships
199:and a constituent of the
195:. Formerly listed on the
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1260:John Brown & Company
1206:BAE Surf. Flt. Solutions
1189:Upper Clyde Shipbuilders
1106:Babcock Marine Appledore
1059:Austin & Pickersgill
1031:John Readhead & Sons
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1312:JI Thornycroft & Co
1066:North East Shipbuilders
452:"Learning 21: About us"
384:private investment fund
319:Surface Fleet Solutions
164:VTG (formerly VT Group)
48:Wholly owned subsidiary
30:VTG (formerly VT Group)
1172:BAE Systems Submarines
1094:Appledore Shipbuilders
1040:Hall Russell & Co.
246:built small boats and
211:
130:Intelligent Shift, LLC
1587:British boat builders
1162:Marconi Marine (VSEL)
994:Greenock Dockyard Co.
961:Ferguson Shipbuilders
377:Babcock International
347:British Nuclear Fuels
333:was also sold off to
236:London Stock Exchange
209:
197:London Stock Exchange
172:Babcock International
128:Delta Resources, Inc.
1592:British Shipbuilders
1298:Simons & Lobnitz
1265:Marathon (Clydebank)
1201:Marconi Marine (YSL)
260:British Shipbuilders
67:Vosper & Company
1365:Griffon Hovercraft
925:Harland & Wolff
408:VTG is composed of
393:In September 2023,
321:subsidiary to form
274:Halmatic, based in
89:Chantilly, Virginia
31:
1324:Vosper Thornycroft
1317:Vosper Thornycroft
1291:A. & J. Inglis
1284:W Denny & Bros
1167:BAE Systems Marine
1150:Vickers-Armstrongs
1133:A&P Shiprepair
563:. London: Guardian
458:on 4 November 2006
325:. The VT Halmatic
240:Vosper Thornycroft
212:
168:Vosper Thornycroft
100:John Hassoun (CEO)
29:
18:Vosper Thornycroft
1569:
1568:
1564:
1563:
1357:Griffon Hoverwork
1211:BVT Surface Fleet
1010:Swan Hunter Group
954:Ferguson Brothers
947:Ailsa & Perth
323:BVT Surface Fleet
264:management buyout
189:BVT Surface Fleet
185:VT Communications
161:
160:
108:VT Holdings, Inc.
16:(Redirected from
1624:
1560:
1552:
1251:Scotstoun Marine
1179:Yarrow & Co.
1024:Smith's Dock Co.
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661:Official website
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454:. Archived from
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120:VT Services Inc.
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943:Ferguson Ailsa
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410:10 subsidiaries
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335:Trafalgar Wharf
307:HMNB Portsmouth
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248:J I Thornycroft
224:J I Thornycroft
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124:VT Griffin Inc.
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653:External links
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636:. 29 July 2020
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481:Yachting World
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388:Jordan Company
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216:Vosper Limited
201:FTSE 250 Index
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136:Vana Solutions
118:VT Milcom Inc.
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614:. 14 May 2012
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354:Exit from BVT
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122:VT Aepco Inc.
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1270:UiE Scotland
1047:Hall Russell
638:. Retrieved
628:
616:. Retrieved
611:
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590:. Retrieved
577:
565:. Retrieved
554:
542:. Retrieved
538:The Guardian
537:
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497:. Retrieved
487:
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460:. Retrieved
456:the original
434:
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407:
404:Subsidiaries
399:
392:
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357:
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296:
288:
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252:nationalised
247:
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181:
167:
163:
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114:Subsidiaries
85:Headquarters
44:Company type
26:
1232:Govan Sh'b.
1017:Swan Hunter
477:Super-Sloop
331:Portchester
311:BAE Systems
303:Southampton
283:Mirabella V
276:Portchester
272:boatbuilder
232:Southampton
193:BAE Systems
138:Clear Cloud
63:Predecessor
1576:Categories
1353:Hoverwork
1124:Coastline
916:Henry Robb
640:27 January
618:24 January
544:28 January
462:4 November
416:References
360:put option
244:Vosper Ltd
220:Portsmouth
148:vtgdefense
96:Key people
437:. London.
435:The Times
266:in 1985.
1329:VT Group
968:Lithgows
567:24 March
329:site in
327:boatyard
299:Woolston
228:Woolston
54:Industry
1052:A&P
592:18 June
317:-based
315:Glasgow
254:by the
178:History
143:Website
77:Founded
1545:2010s
1542:2000s
1539:1990s
1536:1980s
1533:1970s
1530:1960s
729:2010s
726:2000s
723:1990s
720:1980s
717:1970s
714:1960s
499:1 July
256:Labour
587:(PDF)
105:Owner
1143:CLSS
1138:NWSL
1120:VSEL
642:2022
620:2014
594:2011
569:2010
546:2009
501:2008
464:2006
222:and
150:.com
80:1866
1551:BSC
1194:YSL
301:in
238:as
226:of
218:of
191:to
58:DoD
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