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VT Group’s U.S. Business Plans Acquisitions After Purchase By Babcock

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VT Group Inc., the United States-based division of Britain's VT Group, plans to acquire defense firms as part of its growth strategy in this country once the acquisition of its parent company by Babcock International is completed this summer, Dave Dacquino, the CEO of VT Group's U.S. business, recently told sister publication Defense Daily. Babcock, a $2.8 billion engineering services firm that is also based in the United Kingdom, said on Tuesday it has agreed to purchase VT Group for…

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