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In 2011, Armstrong's net sales were $2.86 billion, with operating income of $239.2 million. [17] Armstrong Cabinets was sold by Armstrong World Industries to American Industrial Partners on October 31, 2012. Armstrong spun off its flooring business into a new company, Armstrong Flooring (NYSE: AFI) on April 1, 2016.
Vickers-Armstrongs Limited was a British engineering conglomerate formed by the merger of the assets of Vickers Limited and Sir W G Armstrong Whitworth & Company in 1927. The majority of the company was nationalised in the 1960s and 1970s, with the remainder being divested as Vickers plc in 1977.
The company was founded by William Armstrong in 1847, becoming Armstrong Mitchell and then Armstrong Whitworth through mergers. In 1927, it merged with Vickers Limited to form Vickers-Armstrongs , with its automobile and aircraft interests purchased by J D Siddeley .
Government and commercial industry involved in research, development, production, and service of military equipment and facilities. Subcategories This category has the following 11 subcategories, out of 11 total.
The European Commission will propose on Tuesday ways for the European Union to boost its arms industry so it can shift to "war economy mode" in response to Russia’s invasion of Ukraine. Thierry ...
Intel would have raised about $146.7 million from the sale, based on the average price of Arm's stock between April and June, according to Reuters calculations. The chipmaker said earlier this ...
The Vickers plant in Cross Gates, Leeds, 2009. In 1980, Vickers plc acquired Rolls-Royce Motors.This was not Vickers' first involvement with Rolls-Royce. In 1966, Rolls-Royce Limited (the original aero-engine and motor car company) acquired Bristol Aeroplane for its Bristol Siddeley engine business, but declared it had no interest in Bristol's 20% shareholding in BAC; Vickers Armstrong and ...