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Business Briefing / DEFENSE

Northrop to keep spy plane order

August 12, 2008|From Times Wire Services

Northrop Grumman Corp. will hold on to a Navy unmanned spy plane order valued at as much as $3.74 billion after a protest by losing bidder Lockheed Martin Corp. was rejected.

Lockheed was notified last week that its protest was denied, the U.S. Government Accountability Office said.

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