In a press release last week, the Northrop Grumman announced they had filed paperwork with the SEC for a possible spinoff of their shipbuilding division.
Northrop Grumman owns the shipyard at Newport News, which has the largest drydock in North America, and is the only yard capable of building Nimitz-class aircraft carriers. Northrop Grumman also owns Ingalls Shipbuilding in Pascagoula, MS and Avondale in Louisiana. These two highly prolific naval shipyards have built at least half of the cruisers and destroyers, and nearly all of the amphibious ships commissioned by the US Navy over the past 40 years.
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The nearly 50-year old USS Nimitz, the lead vessel of its class, departed from the Naval Air Station in San Diego for what is likely to be its final deployment....
Testing of counter-drone technology near Reagan Washington National Airport by the U.S. Secret Service and Navy earlier this month led to numerous flight crews receiving faulty alerts of potentially nearby aircraft, the Federal Aviation Administration and a U.S. senator said on Thursday.
The U.S. Navy is expected to announce this week who will build its next-generation carrier-based stealth fighter - a program worth hundreds of billions over its lifetime and a key part of plans to confront China, people familiar with the decision said.
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