DD(X) loss would cost NG up to $1B, analyst says

If Northrop Grumman Corp. loses a proposed competition to build the Navy's future DD(X), it could cut $600 million to $1 billion from the company's 2006 sales outlook, as well as have a smaller affect on 2005 estimates, an analyst said March 30. However, "we believe that if the Navy does decide to...

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