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December 21, 2009

Navy's RMMV Breaches Nunn-McCurdy Law

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By Geoff Fein The Navy last week notified Congress of a critical Nunn-McCurdy breach of the Remote Multi-Mission Vehicle (RMMV) portion of the Remote Minehunting System (RMS) program. Lockheed Martin [LMT] builds the RMMV. According to the Navy, in November...

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