Northrop Grumman, Newport News announce merger agreement
Northrop Grumman Corp. and Newport News Shipbuilding Inc. have signed an agreement for Northrop Grumman to buy the shipbuilder in a $2.1 billion deal, the companies announced Nov. 8. The move takes Northrop Grumman, an aerospace and defense company, from "ground zero as a shipbuilder last April to...
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