Pentagon weighs US shipbuilding deal
Thursday, 1 April 1999
Featured In: April / May 1999 (Vol. 2 Iss. 2)
The US Department of Defense is weighing General Dynamics Corp’s US$1.4 billion bid for Newport News Shipbuilding Inc amid concerns that the deal could result in a concentration of naval shipbuilding in one region of the United States and lead to a near-monopoly of maintenance shipyards in key regions.
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