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22 November 2008 The on-line newspaper devoted to the world of transports 23:35 GMT+1



September 8, 2005

Shipyard merger may take years, BAE chief says


By Angela Jameson

A MERGER of Britain’s naval shipyards could take up to five years to complete, Mike Turner, the chief executive of BAE Systems, said yesterday.

Discussions between the shipbuilders BAE Systems, Babcock and VT Group and the Ministry of Defence (MoD) have taken place in order to develop a strategy for building warships that would end the "stop-start" cycle of warship building that leads to mass redundancies in shipyards ......
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ITAL-PRO-RA.MAR. Fortune International Trasport Autorità Portuale di Taranto


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