BAE Systems Marine [SEP] dissolved or abolished
BAE Systems Marine
BAE Systems Marine Ltd. was the shipbuilding subsidiary of BAE Systems, formed in 1999, which manufactured the full range of naval ships; nuclear submarines, frigates, destroyers, amphibious ships.
In 2003 BAE Systems Marine was split into separate submarine and surface ship units; BAE Systems Submarines and BAE Systems Naval Ships. The latter was merged into a BAE Systems/VT Group joint venture, BVT Surface Fleet in 2008, which subsequently became BAE Systems Surface Ships in 2009.
History.
BAE Systems
Denationalisation.
- Scott Lithgow (Offshore Division) - 1981 - individual operating companies dissolved, sold to Trafalgar House in 1984, closed 1993.
- Brooke Marine (Merchant Division) - management buyout in 1985. Ceased trading in 1992.
- Vosper Thornycroft (Warship Division) - 1985 - management buyout, known as VT Group until 2008, now BAE Systems Surface Ships.
- Yarrow Shipbuilders (Warship Division) - 1985 - sold to GEC-Marconi as Marconi Marine (YSL) then to BAE Systems