Financial reports

2009 Annual report and accounts

  • Start of Future Strategic Tanker Aircraft contract and UK Military Flying Training ststem (UKMFTS) programme
  • VT Education and Skills now the largest training business in the UK
  • Order book increasing 12 per cent to £4.5bn

Download 2009 Annual report and accounts PDF

2008 Annual report and accounts

  • Preferred bidder for the UK MFTS and Wakefield Waste PFI's
  • Order book stands at £4.5bn
  • Continued negotiations with BAE Systems plc with joint-venture agreement

Download 2008 Annual report and accounts PDF

Annual Report 2007

2007 Annual report and accounts

  • Preferred bidder for UK Military Flying Training System
    and Lewisham Schools
  • Strengthened US business with acquisition of Milcom
  • Shipbuilding contract wins for Oman and Trinidad & Tobago

Download 2007 Annual Report and Accounts PDF

Annual Report 2006

2006 Annual report and accounts

  • Selected for Greenwich Schools
  • £87m acquisition of Lex Defence businesses
  • Preferred bidder for Oman Patrol Vessles
  • Aircraft Carrrier Demonstration Contract signed

Download 2006 Annual Report and Accounts PDF

Annual Report 2005

2005 Annual report and accounts

  • Airtanker consortium becomes preferred bidder
  • Type 45 production on target
  • Continued expansion in US
  • Management Team strengthened for growth

Download 2005 Annual Report and Accounts PDF

Annual Report 2004

2004 Annual report and accounts

  • US presence strengthened through acquisition
  • Contract win for Surrey Schools (VT FourS)
  • VT Shipbuilding completes move to Portsmouth

Download 2004 Annual Report and Accounts PDF

Annual Report 2003

2003 Annual report and accounts

  • Investment of £90m on capital expenditure and acquisitions
  • Portsmouth shipbuilding facility commissioned on time and to budget
  • Reorganisation of marine products business on track
  • Five of six exisiting PFI contracts in operational phase
  • Recent Acquisitions of VT Griffin and VT Merlin (VT Communications) achieving contract success

Download 2003 Annual Report and Accounts PDF

Annual Report 2002

2002 Annual report and accounts

  • Six acquisitions in civil and military sectors
  • 50% increase in turnover in support services business
  • Agreement on Type 45 clears way for investment in new shipbuilding facilities at Portsmouth

Download 2002 Annual Report and Accounts PDF

Annual Report 2001

2001 Annual report and accounts

  • Diversification strategy successful with 55% operating profits from non-shipbuilding activities
  • largest acquisition to date achieved
  • Order Book reaches £1.1 billion

Download 2001 Annual Report and Accounts PDF

Many computers will open PDF documents automatically
but you may need to download Adobe Reader.