Rolls Royce sells defence business

Aero-engineering giant Rolls Royce has sold its Vickers Defence Systems land defence and bridging businesses to Alvis for £16.2m (€25.77m).

Fri, 02 Aug, 2002 - 17:16

Aero-engineering giant Rolls Royce has sold its Vickers Defence Systems land defence and bridging businesses to Alvis for £16.2m (€25.77m).

London-based Alvis, which designs and builds armoured fighting vehicles, will take over the company's plants in Wolverhampton, Newcastle upon Tyne and South Africa.

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CourtsHeathrowPlace: AlvisPlace: LondonPlace: WolverhamptonPlace: Newcastle upon TynePlace: South AfricaOrganisation: Rolls Royce
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