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Griffon Hoverwork Ltd (GHL) is a British hovercraft designer and manufacturer. It was originally founded as Griffon Hovercraft Ltd in 1976, based in Southampton . The firm set about the development of its own product range, launching its first diesel -powered hovercraft, the 1000TD, in 1983.
The company returned $310 million to shareholders through dividends and share repurchases during 2024. As of September 30, 2024, the company had $114.4 million in cash and $1.52 billion in total ...
Griffon (GFF) prices 8-million common share offering. Proceeds raised will be used for debt reduction and other corporate purposes.
Griffon Hoverwork (GHL) of Hythe, England has designed, manufactured and operated hovercraft for over 40 years. GHL was the first manufacturer to use turbo-diesel engines on hovercraft, which increases durability compared to conventional petrol engines when exposed to salt water conditions. The company produces an extensive range of hovercraft ...
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During 2001, it was announced that the Indian Coast Guard had formed an agreement with Griffon Hoverwork to supply an initial batch of six 8000TD hovercraft, two of which were to be manufactured at GHL's boatyard in Southampton, England, while the remaining four craft were assembled from complete knocked-down kits (CKDs) supplied to the Indian company Garden Reach Shipbuilders & Engineers ...
The Solent Express leaving Ryde. The Griffon Hoverwork BHT130 is a large hovercraft, designed by Hoverwork and fitted out in St Helens.The type was found to be too large for the cross-Solent route and was withdrawn after 4 years in service (2007-2011), although other BHT variants are found currently in service around the world in various commercial and civil roles and designated as BHT 130 ...
In 2008 Griffon Hoverwork won a contract to deliver four new 2400TD hovercraft in 2009 [5] to replace the older 2000TD hovercraft. The 2400TD was developed from the existing 2000TD but was improved to have "increased obstacle clearance and hence better sea-keeping capability, as well as an increased payload capacity".