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Business/Financial

Navy Takes Delivery of Makin Island, Most Advanced Big Deck Amphib

DDN

Tuesday, April 21st, 2009

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By Geoff Fein PASCAGOULA, Miss.--The Navy last week took delivery of the newest most advanced big deck amphibious ship, LHD-8, after running several months behind schedule and hundreds of millions of dollars over budget. Almost a year ago to the date, Northrop Grumman [NOC] announced it would take a $320 million to $360 million charge on the LHD-8. But last Thursday, Mike Petters, president, Northrop Grumman Shipbuilding, told reporters the company brought the Makin Island in one month early and…

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