Hints and tips:
...Huntington Ingalls Industries, which owns Newport News, GD’s partner on submarines, will also benefit....
...Among the items that look likely to survive relatively unscathed are programmes to build nuclear-powered aircraft carriers at Huntington Ingalls’ Newport News Shipbuilding yard in Virginia, Boeing’s KC46A...
...For naval shipbuilding, each procurement budget can be spent over as long as five years....
...In 2011, it spun off its shipbuilding division as Huntington Ingalls Industries and the company said it had also cut back on volumes in its underperforming and non-core units....
...In 2009 Northrop Grumman sold its consulting unit to two private equity companies for about $1.7bn in cash and earlier this year it spun off its shipbuilding business to shareholders as Huntington Ingalls...
...Without the yards, Northrop will look much more like its rival, Lockheed Martin....
...Air Chief Marshal P.V. Naik, the chief of staff of the Indian air force, said India had the intellectual prowess and industrial expertise to grow its own aircraft manufacturing sector....
...Martin Weale, National Institute of Economic and Social Research There will be a permanent loss of output....
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