GEC-Marconi as Marconi Marine (YSL) then to BAE Systems as part of BAE Systems Marine, now BAE Systems Surface Ships. VSEL (Warship Division) - 1986 - employee buyout, with Cammell Laird as a subsidiary. Acquired by GEC-Marconi in 1995 as part of Marconi Marine, then to BAE Systems as part of BAE Systems Marine, now BAE Systems Submarine Solutions. Cammell Laird (Warship Division) - 1986 - as a subsidiary of VSEL, finished shipbuilding in 1993, continuing as ship-repair firm in different ownership. Cammell Laird resumed shipbuilding in 2012. Ailsa Shipbuilders (Merchant Division) - 1986 - Ailsa split from merged BS subsidiary Ferguson-Ailsa and sold to Perth Corporation as Ailsa Perth Shipbuilders. Ceased shipbuilding in 1988. Hall Russell (Warship Division) - 1986 - management buyout, later acquired by A&P Appledore International in 1989, closed 1992. Swan Hunter (Warship Division) - 1987 - management buyout, entered receivership 1994, bought by Jaap Kroese. Ceased shipbuilding, 2006. Govan Shipbuilders (Merchant Division) - 1988 - sold to Kværner as Kværner Govan, to GEC-Marconi 1999 as part of Marconi Marine then to BAE Systems as part of BAE Systems Marine, now BAE Systems Surface Ships. Ferguson Shipbuilders (Merchant Division) - 1989 - demerged from Appledore-Ferguson sold to Clark Kincaid (HLD Group) in 1989. Appledore Shipbuilders (Merchant Division) - 1989 - demerged from Appledore-Ferguson and sold to Langham Industries. Clark Kincaid (Engineering Division) - 1989 - management buyout (HLD Group), later acquired by Kværner in 1990. Kværner Kincaid sold to Scandiaverken in 1999 and ceased manufacturing in 2000. References Defunct shipbuilding companies of the United Kingdom Defence companies of the United Kingdom Former defence companies of the United Kingdom Defunct companies based in Tyne and Wear Former nationalised industries of the United Kingdom Vehicle manufacturing companies established in 1977 Vehicle manufacturing companies disestablished in 1989 1977 establishments in England 1989 disestablishments in England 2013 disestablishments in the United Kingdom British companies disestablished in 1989 British companies established in 1977