Brussels, 18/10/2007 (Agence Europe) - On 17 October 2007, the European Commission authorised the planned creation of a joint venture for naval surface shipbuilding and related support services between BAE Systems plc and VT Group plc, both of the UK. The new entity would bring together the two remaining UK companies having the capability of designing and building naval surface ships. BAE designs, manufactures and supports military aircraft, surface ships, submarines, combat vehicles, radar,...