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Northrop CEO Details Shipbuilding Decision






By Joseph C. Anselmo janselmo@aviationweek.com
FARNBOROUGH

Northrop Grumman’s decision to cast off its shipbuilding business is more about its lack of synergy with other units than its underperformance, CEO Wes Bush says.

“We see shipbuilding as a good business,” Bush tells Aviation Week editors. “There are a lot of folks who have said, ‘This means Northrop Grumman gave up on shipbuilding.’ And that is not where we are.” ...







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