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VT Group
VTG (formerly VT Group) is a privately held United States defense and services company, with its origins in a former British shipbuilding group, previously known as Vosper Thornycroft. The British part of VTG was integrated into Babcock International in the early 2010s. In July 2012, The Resolute Fund II, LP, an affiliate of The Jordan Company acquired VTG. In September 2023, VTG received a new majority investment from A&M Capital Partners. History VT Group plc was a British defence and services company, formerly known as Vosper Thornycroft. The company had diversified from shipbuilding into various engineering and support services, becoming involved in many areas of provision through five main operating groups: VT Communications, VT Education and Skills, VT Services Inc and VT Support Services. VT Group exited the shipbuilding industry in October 2009, after selling its 45% share of the Shipbuilding Joint Venture company BVT Surface Fleet to BAE Systems. Formerly listed on the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labour (UK)
The Labour Party, often referred to as Labour, is a List of political parties in the United Kingdom, political party in the United Kingdom that sits on the Centre-left politics, centre-left of the political spectrum. The party has been described as an alliance of social democrats, democratic socialists and trade unionists. It is one of the Two-party system, two dominant political parties in the United Kingdom; the other being the Conservative Party (UK), Conservative Party. Labour has been led by Keir Starmer since 2020 Labour Party leadership election (UK), 2020, who became Prime Minister of the United Kingdom following the 2024 United Kingdom general election, 2024 general election. To date, there have been 12 Labour governments and seven different Labour Prime Ministers – Ramsay MacDonald, MacDonald, Clement Attlee, Attlee, Harold Wilson, Wilson, James Callaghan, Callaghan, Tony Blair, Blair, Gordon Brown, Brown and Starmer. The Labour Party was founded in 1900, having e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Put Option
In finance, a put or put option is a derivative instrument in financial markets that gives the holder (i.e. the purchaser of the put option) the right to sell an asset (the ''underlying''), at a specified price (the ''strike''), by (or on) a specified date (the '' expiry'' or ''maturity'') to the ''writer'' (i.e. seller) of the put. The purchase of a put option is interpreted as a negative sentiment about the future value of the underlying stock. page 15 , 4.2.3 Positive and negative sentiment The term "put" comes from the fact that the owner has the right to "put up for sale" the stock or index. Puts may also be combined with other derivatives as part of more complex investment strategies, and in particular, may be useful for hedging. Holding a European put option is equivalent to holding the corresponding call option and selling an appropriate forward contract. This equivalence is called " put-call parity". Put options are most commonly used in the stock market to prot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trafalgar Wharf, Portchester, Portsmouth
Trafalgar Wharf is a shipyard in Portsmouth accommodating marine engineering businesses ranging from sailmakers and boat brokers to boat builders. It was formerly the VT Halmatic shipyard, owned by VT Group and latterly by BVT Surface Fleet. In November 2023 the site was acquired by Premier Marinas who also operate Port Solent marina opposite. History In September 2008, Trafalgar Wharf Ltd took over the former BVT Surface Fleet site and renamed it Trafalgar Wharf. The site is the former VT Halmatic shipyard where many smaller Royal Navy warships, such as Fast Patrol Boats and Corvettes were built. BVT Surface Fleet had been formed by the merger of the BAE Systems Surface Fleet Solutions subsidiary with VT Shipbuilding, itself originating as Vosper Thorneycroft. With the sale of the Portchester site, they vacated the yard, bringing an end to the company's use of the area, consolidating operations at its Shipyard facilities in HMNB Portsmouth. The site has evolved over the ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boatyard
A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Compared to shipyards, which are sometimes more involved with original construction, dockyards are sometimes more linked with maintenance and basing activities. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia, Brazil, China, Croatia, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States and Vietnam. The shipbuilding industry is more fragmented in Europe than in Asia where countries tend to have fewer, larger companies. Many naval vessels ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BAE Systems Surface Fleet Solutions
BAE Systems plc is a British multinational aerospace, military and information security company, based in London. It is the largest manufacturer in Britain as of 2017. It is the largest defence contractor in Europe and the seventh largest in the world based on applicable 2021 revenues. Its largest operations are in the United Kingdom and in the United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Its next biggest markets are Saudi Arabia, then Australia; other major markets include Canada, Japan, India, Turkey, Qatar, Oman and Sweden. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger of Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), with British Aerospace, an aircraft, munitions and naval systems manufacturer. BAE Systems is the successor to various aircraft, shipbuilding, armou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glasgow
Glasgow is the Cities of Scotland, most populous city in Scotland, located on the banks of the River Clyde in Strathclyde, west central Scotland. It is the List of cities in the United Kingdom, third-most-populous city in the United Kingdom and the 27th-most-populous city in Europe, and comprises Wards of Glasgow, 23 wards which represent the areas of the city within Glasgow City Council. Glasgow is a leading city in Scotland for finance, shopping, industry, culture and fashion, and was commonly referred to as the "second city of the British Empire" for much of the Victorian era, Victorian and Edwardian eras. In , it had an estimated population as a defined locality of . More than 1,000,000 people live in the Greater Glasgow contiguous urban area, while the wider Glasgow City Region is home to more than 1,800,000 people (its defined functional urban area total was almost the same in 2020), around a third of Scotland's population. The city has a population density of 3,562 p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HMNB Portsmouth
His Majesty's Naval Base, Portsmouth (HMNB Portsmouth) is one of three operating bases in the United Kingdom for the Royal Navy (the others being HMNB Clyde and HMNB Devonport). Portsmouth Naval Base is part of the city of Portsmouth; it is located on the eastern shore of Portsmouth Harbour, north of the Solent and the Isle of Wight. For centuries it was officially known as HM Dockyard, Portsmouth: as a Royal Navy Dockyard, Portsmouth functioned primarily as a state-owned facility for building, repairing and maintaining warships; for a time it was the largest industrial site in the world. From the 1970s, the term 'Naval Base' began to be used for Portsmouth (and other Royal Dockyards), acknowledging a greater focus on personnel and support elements alongside the traditional industrial emphases. In 1984 Portsmouth's Royal Dockyard function was significantly downsized and downgraded, and was formally renamed the 'Fleet Maintenance and Repair Organisation' (FMRO). The FMRO was priv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woolston, Southampton
Woolston is a suburb of Southampton, located on the eastern bank of the River Itchen. It is bounded by the River Itchen, Sholing, Peartree Green, Itchen and Weston. The area has a strong maritime and aviation history. The former hamlet grew as new industries, roads and railways came to the area in the Victorian era with Woolston formally incorporated into the borough of Southampton in 1920. History Woolston is believed to originate from ''Olafs tun'', a fortified tun on the East bank of the River Itchen established by the Viking leader Olaf I of Norway in the 10th Century. In the Domesday Book of 1086, the area is recorded as ''Olvestune''. The area now known as Woolston is certain to have received consignments of wool to be ferried across the River Itchen, Hampshire by the inhabitants of Itchen Ferry village. The evolution of ''Olvestune'' into "Woolston" is a result of that trade. The former hamlet grew as new industries, roads and railways came to the area in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mirabella V
''M5'' is a sloop-rigged super yacht launched in 2003 as ''Mirabella V''. She is the largest single-masted yacht ever built. Ownership ''Mirabella V'' was built as part of a fleet of large sailing yachts used for luxury private charters by Joseph Vittoria, former Chairman and CEO of the Avis car rental company. She was named after Vittoria's previous yachts. ''Mirabella V'' now belongs to Rodney Lewis and has been renamed ''M5''. It is no longer available for charters. Design The owner specifications combined fast sailing with motoryacht amenities. ''M5'' has achieved speeds in excess of in 8 1/2 ft seas. To achieve the amenity requirements, a single mast was preferred to other rig types in order to maximize interior volumes in keel-stepped sailing yachts; To achieve the performance requirements, the higher aspect ratio of the single mast sail plan was also preferred in order to provide a better speed potential. A final demand was that the yacht be able to use the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portchester
Portchester is a village in the borough of Fareham in Hampshire, England. It is northwest of Portsmouth and around 18 miles east of Southampton on the A27 road. Its population according to the 2011 United Kingdom census was 17,789. Name Portchester is derived from its former Latin name Portus Adurni and the Old English suffix ''ceaster'' ("fort; fortified town"), itself derived from the Latin word "castrum." History The fort of Portus Adurni is considered the best-preserved Roman fort north of the Alps. It is sometimes identified as the ''Caer Peris''Nennius (). Theodor Mommsen (). ''Historia Brittonum'', VI. Composed after AD 830. Hosted at Latin Wikisource. listed by the 9th-century '' History of the Britons'' as among the 28 cities of Britain.Ford, David Nash.The 28 Cities of Britain" at Britannia. 2000.Newman, John Henry & al''Lives of the English Saints: St. German, Bishop of Auxerre'', Ch. X: "Britain in 429, A. D.", p. 92. James Toovey (L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
