BAE reaches settlement with Trinidad and Tobago after two years

Following an announcement two years ago from BAE Systems saying that the government of Trinidad and Tobago (GORTT) wished to cancel an offshore patrol vessels (OPVs) contract, the defence company has finally said that the two parties have reached a settlement.

Following an announcement two years ago from BAE Systems saying that the government of Trinidad and Tobago (GORTT) wished to cancel an offshore patrol vessels (OPVs) contract, the defence company has finally said that the two parties have reached a settlement.

On September 21st 2010, GORTT said that it wanted to drop the contract, entered into in April 2007, which would see BAE's subsidiary VT Shipbuilding provide three OPVs.

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