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Northrop Grumman Combining Shipbuilding Sectors

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Northrop Grumman [NOC] this week said it will combine its two shipbuilding sectors, Newport News and Ship Systems, into a single operating sector effective Jan. 28. In addition, the company said it will separate its missiles business from its Mission Systems sector and realign it with its Space Technology sector beginning July 1. Mission Systems is focusing on growth in the C4ISR market and the missiles business will be part of Northrop Grumman's growth plans for the aerospace market. The…

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