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Northrop might sell Newport News shipyard
-- Northrop Grumman Corp. on Tuesday said it is considering "strategic alternatives" for its shipbuilding sector that include a possible sale or spinoff of the business, including its shipyards in Newport News and on the Gulf Coast. --

Northrop said it hired Credit Suisse Group as its lead financial adviser and also is being advised by Perella Weinberg Partners.
Posted by: 3dc 2010-07-22
http://www.rantburg.com/poparticle.php?ID=301578