NG to lose $300M in 2004 sales due to carrier schedule change

Northrop Grumman announced Oct. 9 that it stands to lose about $300 million in 2004 sales as a result of the U.S. Navy's decision to delay the planned refueling and overhaul of the nuclear-powered aircraft carrier USS Carl Vinson (CVN 70) by one year, to November 2005. The company now expects 2004...

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