Editing Vickers (section)

===Nationalisation===
In 1960, the aircraft interests were merged with those of the [[Bristol Aeroplane Company|Bristol]], [[English Electric]] and [[Hunting Aircraft]] to form the [[British Aircraft Corporation]] (BAC). This was owned by Vickers, English Electric and Bristol (holding 40%, 40% and 20% respectively). BAC in turn owned 70% of Hunting. The Supermarine operation was closed in 1963 and the Vickers name for aircraft was dropped in 1965. Under the terms of the [[Aircraft and Shipbuilding Industries Act 1977|Aircraft and Shipbuilding Industries Act]] BAC was nationalised in 1977 to become part of [[British Aerospace]], which exists today in the guise of [[BAE Systems]].

The Aircraft and Shipbuilding Industries Act also led to the nationalisation of Vickers' shipbuilding division as part of [[British Shipbuilders]]. These had been renamed Vickers Armstrong Shipbuilders in 1955, changing again to Vickers Limited Shipbuilding Group in 1968. This division was privatised as [[Vickers Shipbuilding & Engineering]] in 1986, later part of [[General Electric Company|GEC's]] Marconi Marine. It remains in operation to this day as [[BAE Systems Submarines]].