BMT Limited
Encyclopedia
Established in 1985, BMT Group Ltd is an international multi-disciplinary engineering, science and technology consultancy offering a broad range of services, particularly in the defence, energy, environment, maritime transport, marine risk and insurance, shipping and general transportation sectors. Its status as an Employee Benefit Trust is notable.

Overview

BMT specialises in design, design support, risk and contract management and salvage. From its research base, BMT provides services through a network of 29 subsidiary companies focussed by geography, technology and/or market sector. It operates from 70 offices in 24 countries, with primary bases in Europe, North America and Asia-Pacific.

History

Originally formed from the privatisation of the British Shipbuilders Research Association (BSRA) and the National Maritime Institute (NMI), engineering group BMT enjoyed tax-free status as a scientific research association (SRA), for more than a decade.

Then, under the guidance of its then chairman and CEO David Goodrich in 1998 the company adopted a unique new constitution, eschewing the option of listing as a public limited company, in order to keep its mounting cash pile out of the hands of nefarious individuals. Now the company boasts turnover exceeding £94m and has operations in 24 countries around the world

BMT Group Ltd is a company limited by guarantee and member based. The BMT Employee Benefit Trust (EBT) is the sole voting member. The EBT Trustees' remit is to act in the best interests of all the staff in the short, medium and long-term and they are not themselves beneficiaries. The assets of the company are held in beneficial ownership for its staff. http://www.financialdirector.co.uk/financial-director/analysis/2156674/sea-change-british-maritime

Notable Projects

BMT gained unusual prominence in 2003 when the Secretary of State for Defence revealed the crucial role of BMT Defence Services in the Design of the Future Aircraft Carriers. http://www.publications.parliament.uk/pa/cm200203/cmhansrd/vo030130/debtext/30130-10.htm#30130-10_head0 The company provided much of the design expertise within the Thales
Thales Group
The Thales Group is a French electronics company delivering information systems and services for the aerospace, defense, transportation and security markets...

 CVF Team, whose design was taken forward into the alliance with BAE Systems
BAE Systems
BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

. Another notable project is the conversion of the UK MoD's Trials Platform Longbow to perform Sea trials on the PAAMS
PAAMS
The Principal Anti Air Missile System is a joint French/Italian/British programme for a naval anti-aircraft weapon. The prime contractor is EUROPAAMS, a joint venture between Eurosam and MBDA subsidiary UKAMS . MBDA also owns 66% of Eurosam, in effect giving it a 77% share of the project...

 missile system to be fitted to the UK's Type 45 destroyer
Type 45 destroyer
The United Kingdom's Type 45 destroyer is an air defence destroyer programme of the Royal Navy which will replace its Type 42 destroyers. The first ship in the class, HMS Daring, was launched on 1 February 2006 and commissioned on 23 July 2009. The ships are now built by BAE Systems Surface Ships...

s.

Outside defence, the company has diverse interests including wind testing of tall buildings, such as Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

's 21st Century Tower
21st Century Tower
The 21st Century Tower is a 55-story skyscraper along the Sheikh Zayed Road in Dubai . At a height of 269 m  it is the world's third-tallest residential building...

 and Burj al-Arab Hotel.

BMT Subsidiary Companies


Relevant links

  • Article in Finance Director
  • http://www.bmt-softwaresolutions.com - BMT has significant capability in providing innovative software solutions through powerful business analysis.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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