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IN BRIEF / DEFENSE

Northrop to Vie for Navy Deal to Build Spy Planes

October 19, 2006|From Bloomberg News

Northrop Grumman Corp. said it would compete for a Navy award, initially valued at less than $1 billion, to develop unmanned surveillance planes.

Century City-based Northrop plans to use a derivative of its Global Hawk spy plane to compete for a contract to be awarded later next year.

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