BMT Limited

From Wikipedia, the free encyclopedia

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

1 Overview
2 History
3 Notable Projects
4 BMT Subsidiary Companies
5 Relevant links

[edit] Overview

BMT specialises in design, design support, risk and contract management and salvage. From its research base, BMT provides services through a network of 28 subsidiary companies focussed by geography, technology and/or market sector. It operates from 70 offices in 11 countries, with primary bases in Europe, North America and Asia-Pacific.

[edit] 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 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 £75m and has operations in 10 countries around the world

BMT Limited 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. [1]

[edit] 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. [2] The company provided the much of the design expertise within the Thales CVF Team, whose design was taken forward into the alliance with BAE Systems. Another notable project is the conversion of the UK MoD's Trials Platform Longbow to perform Sea trials on the PAAMS missile system to be fitted to the UK's Type 45 destroyers.

Outside defence, the company has diverse interests including wind testing of tall buildings, such as Dubai's 21st Century Tower and Burj al-Arab Hotel.