Wednesday, August 31, 2005

Pentagon OKs continued design work on Navy warship

"WASHINGTON (Reuters) - The Defense Department has authorized Northrop Grumman Corp. (NOC.N: Quote, Profile, Research) and General Dynamics Corp. (GD.N: Quote, Profile, Research) to continue design work on the new Navy DD(X) destroyer while Congress and Defense Department officials decide the fate of the program, a spokeswoman said on Monday"

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