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    Friday, July 16, 2010

    Misleading headlines and the end of Newport News Shipbuilding?

    Newspapers just can't  be trusted.

    Even such an innocuous thing as the potential sale by Northrop-Grumman of their shipbuilding arm is subject to sensational headline writing.  In the New London Day, the headline is "EB's partner for submarine construction may leave shipbuilding business."

    The reality is that NG is either going to sell or spin-off NGNN.  Not quite the same, and it certainly does not mean the end of the NGNN-EB partnership.

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