BAE and VT in Babcock Talks

Friday, March 24, 2006
According to reports, BAE Systems and VT, revealed that they were considering a joint bid for Babcock, the support services and shipbuilding group, in a move that could trigger the consolidation of Britain's warship construction capability. VT could join with Babcock as a support services group, which could then sell VT's shipbuilding business to BAE and still have critical mass. This would create a single shipbuilding entity in BAE, which would find it easier to cut capacity and become more efficient. Source: The Guardian and The Financial Times

Finance

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

Skaugen Goes to Red Again

Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

 
 
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