Marine Link
Thursday, December 8, 2016

VT Order Book Expands

January 25, 2008

According to the Financial Times, VT has seen its order book rise to about $7.93b on the back of several contract wins. The company said its financial performance was in line with its expectations for the period to the end of December 2007. The order book increased to about $7.93b on the back of two recent acquisitions. Talks with BAE Systems (BAESY) to form a shipbuilding joint venture remained at an advanced stage, VT said. The companies have now received a commitment from the government on the proposed terms of a business agreement for the partnership, seen as crucial for it to go ahead. However, the signing of the joint venture hinges on final approval from the Ministry of Defence for the start of construction of two new aircraft carriers for the Royal Navy. Source: The Financial Times


 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News