Northrop Grumman Corp. and Newport News Shipbuilding Inc. signed a definitive agreement under which Northrop Grumman will acquire the shipbuilder

Northrop Grumman Corp. and Newport News Shipbuilding Inc. signed a definitive agreement under which Northrop Grumman will acquire the shipbuilder. After the transaction closes, Newport News initially will be operated as a Northrop Grumman sector. Longer term, the company plans to combine its two...

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