Shipbuilding Spin-off Could Lure Investors

By Michael Fabey

With Northrop Grumman making its first official moves toward spinning off its shipbuilding segments as a single unit, industry wires are starting to buzz with chatter that the spin-off could go public as its own company.

Such a move would satisfy the U.S. Navy’s desire to keep its nuclear vessel builders in the hands of a U.S.-based company that knows what it is doing ...

---