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SAN DIEGO – The Secretary of the Navy Thursday warned industry that companies would face consequences for prioritizing shorter term profits over delivering capabilities on time. “Overall, many of you are making record profits, as evidenced by your quarterly financial statements. And while I'm very happy for you, you can't be asking the American taxpayer to make even greater public investments while you continue, in some cases, to goose your stock prices through stock buybacks, deferring promised capital investments, and…
