Navy Shipbuilding: Recent Shipyard Mergers-Background and Issues for Congress

reportActive / Technical Report | Accesssion Number: AD1171849 | Open PDF

Abstract:

In April 2001, General Dynamics (GD) and Newport News Shipbuilding (NNS) announced anagreement under which GD would purchase NNS. The following month, Northrop Grumman(NOC) announced an unsolicited counteroffer to purchase NNS. The Department of Justice (DoJ)and the Department of Defense (DoD) reviewed the two merger proposals and in October 2001announced that they would oppose the GD merger proposal on the grounds that it wouldeliminate competition in nuclear submarines and harm competition for emerging technologies forboth nuclear submarines and surface ships. DoJ and DoD did not oppose the NOC mergerproposal, and in November 2001, NOC assumed control of NNS.

Author(s):
Orourke, Ronald
Author Organization(s):
LIBRARY OF CONGRESS WASHINGTON DC
Funding Organization(s):
DEPARTMENT OF DEFENSE WASHINGTON DC, WASHINGTON , DC
Document Type:
Technical Report/Research Report
Publication Date:
2002 May 03
Pagination:
63

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution Code:
A - Approved For Public Release
Distribution Statement: Public Release

RECORD

Collection: TRECMS
Subject Terms
Communities of Interest:
Ground and Sea Platforms
Descriptor(s):
naval warfare, boats, navy, marine transportation, nuclear powered submarines, employment, national security, attack submarines, congress, engineers, nuclear powered ships, virginia class, personnel management, seawolf class, united states, united states government, agreements
Subject Categories:
Mechanical, Industrial, Civil and Marine Engineering
Creation Date:
2022 Jun 16
Update Date:
2022 Jun 21