VAE Shipyards
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VAE Shipyards
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| Industry | Marine, Aerospace, Defence | ||||
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| Headquaters | Windsteer, Imperial Union | ||||
| Area Served | Global | ||||
| Founded | 2153 | ||||
| CEO | Liam Ackson | ||||
| Subsidiaries | Abyssal Shipyard Exports, Vocavium Shipbuilding Department, Elnac Electronics & Engineering | ||||
VAE Shipyards is a multinational marine, aerospace, electronic and defence company, based in New Windsteer, Imperial Union. As of 2200, VAE stands to be the most fiscally and politically influential corporation in Kafrica.
History
The corporation traces its heritage to a number of Vocavian and Westrayan defence contractors of the 21st and 22nd century, most prominent of them being the VSD (Vocavian Shipbuilding Department). Due to the great political leverage and historical heritage of these corporations, it was widely understoof by Imperial economists and foreign observers that any government-led mergers would be an impossibility. However, the sudden onset of the 2152 Orion Financial Crisis amidst immense geopolitical and social unrest within the empire resulted in a devastating near-complete collapse of several industry giants such as Westray Aircraft Corporation. Eventually, WAC would declare Class A bankruptcy in the January of 2153, exponentially accelerating existing Imperial efforts for a so called "super-merger" of defence industry giants.
In a desperate attempt to prevent a complete collapse of the Imperial Union's military-industrial complex, the newly appointed Prime Minister Ackhoven and his United Liberal Party would institute the Defence Merger Act in May, 2154 immediately following his assumption of office. The Merger Act outlined government-led mergers of dozens of critical Imperial defence corporations over the course of 3 years, namely the Vocavium Shipbuilding Department, Abyssal Shipyard Exports, Elnac Electronics & Engineering and the state-owned entity, Imperial Shipbuilding. The mergers would be officially completed by the July of 2156 with the official state-sponsored launching of VAE Shipyards in its headquarters in New Windsteer
Products
VAE Shipyards is the de-facto staple producer of Imperial Naval vessels as well as being a significant shareholder in the electronic and information-security industries. The company is best known however for the production of many modern IRN combat vessels, namely the: