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Home > Company Index > Automotive & Transport Equipment > Shipbuilding & Related Services > Newport News Shipbuilding Inc.

Newport News Shipbuilding Inc.
NYSE: NNS
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 NEWS FROM THE WIRES
Rumsfeld says stays out of weapons decisions
Aug 23 2001 02:59 PM PDT

General Dynamics again extends Newport News offer
Aug 20 2001 06:08 AM PDT

Northrop extends tender offer for Newport News
Aug 16 2001 04:28 PM PDT

U.S. says Newport News decision could be months away
Aug 15 2001 05:40 PM PDT

Northrop to develop DOD network protection system
Aug 13 2001 12:03 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Microsoft Hogs the Headlines
Feb 22 2000 12:00 AM PST

 PROFILE
For the past 40 years, Newport News Shipbuilding (NNS) has been the only builder of the US Navy's aircraft carriers. The second-largest shipbuilder in the US (General Dynamics is #1), NNS builds, maintains, refuels, and repairs nuclear aircraft carriers and submarines. The US Navy accounts for 98% of total sales. NNS has built 10 of the last 12 active aircraft carriers and will christen the "USS Ronald Reagan" in 2003. Bill Gates owns 8% of NNS, which is building the tenth CVN-77 aircraft carrier for the US Navy for $4.1 billion. Rival General Dynamics has made a friendly $2.6 billion bid for the company; the Pentagon nixed a similar bid in 1999. Northrop Grumman offered to match General Dynamics' offer.

 COMPETITION
General Dynamics Corporation (GD)
Litton Industries, Inc. (LIT)
Todd Shipyards Corporation (TOD)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,072.00
1-Yr. Sales Growth: 11.2%
Employees: 17,000
Revenue per employee: $121,882.35

 KEY PEOPLE
• William P. Fricks
    CEO
• Charles S. Ream
    CFO

 CONTACT INFO
4101 Washington Ave.
Newport News, VA 23607
US
Phone: 757-380-2000
Fax: 757-380-4713
Online: Web Site

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