Financial Times FT.com

Flagship £3bn carrier deal for BAE and VT

By Sylvia Pfeifer, Defence Industries Correspondent

Published: July 3 2008 23:56 | Last updated: July 3 2008 23:56

BAE Systems and VT Group have won the lion’s share of the £3bn manufacturing ­contract signed on Thursday to build the UK’s biggest ever aircraft carriers.

The two flagship carriers will contribute about £3bn to the order book of the two companies, which have signed a joint venture covering their shipbuilding ­operations.

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