Alvis has sold Alvis Transmissions (ATL) to David Brown for an initial cash sum of £5.05m. ATL designs, supplies and supports mechanical transmissions and related products for armoured vehicles. ATL had a £7.8m turnover in 1997 and profits of £200,000.
Trafficmaster, which makes computerised car navigation systems, is close to signing a deal which would double sales this year to 500,000. It reported a pre-tax profit of £241,000 for 1997 on £8.6m turnover after losing £3.4m in 1996.
British Nuclear Fuels said biological monitoring had confirmed that two workers received internal radiation doses when exposed to plutonium dust in the B209 building at Sellafield on 28 January. The doses were estimated at less than 5 millisieverts, one tenth of the annual legal limit.
A&P Tyne, Cammell Laird, Semple & Cochrane, Harland & Wolff and Tyne Tees Dockyard have been invited to bid for refitting Royal Fleet Auxiliary aviation training ship Argus. Tenders are due at the Ministry of Defence on 2 April.
Chief for Quinco
Alex McDiarmid has been appointed chairman of Quinco, the company set up to manage the successor to the Year of Engineering Success. A chartered engineer, McDiarmid is an energy industry consultant.
Caterpillar in flight
Caterpillar has won a British Army contract for around 15 deployable and airportable bulldozers.
A guide to assist year 2000 project managers ascertain what year 2000 conformity means has been put together by the Computing Services and Software Association and the Federation of the Electronics Industry on www.cssa.co.uk/cssa/