BAE Systems acquires VT Group’s stake in BVT

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BVT is now wholly owned by BAE Systems and will be renamed BAE Systems Surface Ships Limited.

Nigel Whitehead, BAE Systems’ Group Managing Director, Programmes & Support, said: “Bringing BVT into full ownership of BAE Systems further strengthens our global maritime business and is consistent with our strategy to establish a sustainable and profitable through life business in air, land and sea.

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