Our Activities and Markets

VT Communications designs, builds and operates transmission & communications infrastructure around the world for military and civilian customers. VT Education and Skills provides training guidance and education support services for Government, schools, colleges and businesses across the UK. VT Services Inc. provides facilities management and technical support for the US Government and civilian customers, including US Department of Defense, US Coast Guard and NASA. VT Support Services provides asset management of ships, aircraft and vehicles in the military and commercial sectors, military training and facilities management in the UK and overseas. VT Shipbuilding a leading supplier of ships to the Royal Navy and navies around the world, small boat construction for military and commercial markets. View a pie chart showing our capabilities View a pie chart showing our market sectors by service / product View a pie chart showing our market sectors by geographical region

Our Finances

Results for twelve months ended 31 March 2007 2007 2006 • Group Revenue*: up 19% to £1,004.6m £847.1m • Revenue Excluding Joint Ventures: up 20% to £852.5m £709.0m • Underlying Profit Before Taxation**: up 21% to £74.2m £61.5m • Profit Before Taxation: down 3% to £53.8m £55.5m • Adjusted Earnings Per Share (p)*** up 25% to 30.9p 24.7p • Basic Earnings per share: up 6% to 25.4p 24.0p • Final Dividend Per Share (p): up 11% to 8.6p 7.75p * Excluding share of equity accounted investments (2006: £709m; 2005: £592m) ** Profit before taxation, amortisation of intangibles and JV taxation More on our finances

Our Management

Paul Lester - Chief Executive Chris Cundy - Group Finance and Commercial Director John Davies - Managing Director, VT Support Services Matthew Jowett - General Counsel Jo Robbins - Group Human Resources Director Tony Belisario - Managing Director, VT Shipbuilding Ken Smith - Chief Executive Officer, VT Griffin Doug Umbers - Managing Director, VT Communications Simon Withey - Managing Director, VT Education and Skills More on our management

Our Future

The VT Group is a financially stable and robust company which has achieved continuous double digit growth (growth of over 10% per annum) since 2000. We aim to continue this trend through the following activities: Win further major PFI contracts Grow the US business to $500m Double the size of the Education and Skills business Develop alliances with other shipbuilders Win share of the future carrier (CVF) programme More on our strategy

Our PFIs

VT and its Joint Venture companies currently hold six PFI contracts: Light Aircraft Flying Task (LAFT) Fire Fighting Training Units Somerset, Avon and Gloucestershire Fire Training College Royal Navy Offshore Patrol Vessels Astute Class Submarine Training Service Royal Navy Communications Facility More on our PFIs

Our History

VT has changed considerably from its roots in the 19th Century. See how we have evolved into one of the leading companies in the Support Services and Shipbuilding sectors. More on our history

Our Locations

VT operates from over 100 locations around the world. Look up our main addresses here.