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11 August 2020 The on-line newspaper devoted to the world of transports 08:59 GMT+2

May 29, 2001

U.S. Study Questions Shipyard Acquisition

By Reuters

WASHINGTON, May 29 - The General Dynamics Corporation's contested $2.1 billion plan to take over Newport News Shipbuilding Inc. could stifle competition in United States warship building, a Congressional analysis released today showed.

The new company would acccount for about 70 percent of United States warship revenues and 82 percent of the corporate ......
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