The British Aircraft Corporation (BAC) was a British aircraft manufacturer formed from the government-pressured merger of English Electric Aviation Ltd., Vickers-Armstrong (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 sever...
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The British Aircraft Corporation (BAC) was a British aircraft manufacturer formed from the government-pressured merger of English Electric Aviation Ltd., Vickers-Armstrong (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.
BAC was formed following a warning from government that it expected consolidation in the aircraft, guided weapons and engine industries. The government also promised incentives for such a move, including the supersonic BAC TSR-2 strike aircraft contract, the maintenance of government research and development spending and the guarantee of aid in launching "promising new types of civil aircraft".
When BAC was formed, the Bristol Aeroplane Company (Car Division) was not included in the consolidation, but carved off by Sir George...
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