NEW YORK – Northrop Grumman Corp. has launched an unsolicited bid to acquire Newport News (Va.) Shipbuilding Inc., a move that undercuts General Dynamics Corp.’s planned acquisition of the Virginia shipbuilder, General Dynamics said Tuesday. In a statement, General Dynamics officials are “disappointed that Northrop… Read More
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Rival bid launched for shipbuilding firm
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Rival bid launched for shipbuilding firm