RNS Number : 8674X
BAE SYSTEMS PLC
30 June 2008
BAE Systems - BVT Surface Fleet joint venture
30 June 2008
BAE Systems and VT Group today confirmed that their Joint Venture, BVT Surface Fleet (BVT)
will become operational on Tuesday 1 July
2008.
BAE Systems and VT Group will have equal board representation and voting rights. BVT will
employ over 7,000 people at facilities in
Glasgow, Bristol (Filton) and Portsmouth. BAE Systems and VT have appointed Sir John Parker as
the non-executive Chairman and Alan Johnston
as Chief Executive of BVT.
Issued by:
BAE Systems plc
London
This information is provided by RNS
The company news service from the London Stock Exchange
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