British Aircraft Corporation

The British Aircraft Corporation (BAC) was a British aircraft manufacturer formed from the government-pressured merger of English Electric Aviation Ltd., Vickers-Armstrongs (Aircraft), the Bristol Aeroplane Company and Hunting Aircraft in 1960. Bristol, English Electric and Vickers became "parents" of BAC with shareholdings of 40%, 40% and 20% respectively. BAC in turn acquired the share capital of their aviation interests and 70% of Hunting several months later. Its head office was on the top floors of the 100 Pall Mall building in the City of Westminster, London.

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Famous quotes containing the words british and/or corporation:

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