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2008 April 1   14:04

VT Group's order backlog worth ?4.7b

VT Group plc, the UK warship builder and training-services company, said its order backlog was £4.7 billion (S$12.9 billion) after it signed a contract to help build refuelling tankers for the UK's Royal Air Force.
Financial performance in the year through March was in line with forecasts the Southampton, England-based company said yesterday in a Regulatory News Statement.
VT Group also expects negotiations for the UK Military Flying Training System to be completed with the next few weeks, according to the statement.
VT Group also said the UK government had advised it that a contract to build aircraft carriers will go ahead.

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