VT Acquires Ship Motion Control Specialist
Vosper Thornycroft Holdings (VT), a U.K. builder of naval ships, machinery controls, roll stabilizers and marine steering gear, has acquired Maritime Dynamics, Inc. (MDI), a U.S. company specializing in ride control systems for passenger and crew comfort on fast ferries and advanced vessels. VT and MDI have worked closely for several years in providing ride control systems for the latest fast passenger ferries. The partnership has supplied systems to ferries throughout the world.
Acquiring MDI is another step in VT's move to broaden the base of the company by developing businesses which are independent of the timing of naval shipbuilding orders," said VT Managing Director Martin Jay.
MDI has been particularly successful in working with the Australian fast ferry builders and as a supplier to Scandinavian shipyards.
Under VT ownership, MDI will reportedly remain autonomous. MDI and VT have entered into a security agreement with the U.S. government to enable MDI to continue classified U.S.
And overseas military work under its existing U.S. Security clearance. VT has also declared its intention to invest further in MDI's ride control technology and to expand its worldwide presence.
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