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Home > Company Index > Automotive & Transport Equipment > Shipbuilding & Related Services > Newport News Shipbuilding Inc.
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Newport News Shipbuilding Inc. |
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NEWS FROM THE WIRES |
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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 |
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Microsoft Hogs the Headlines
Feb 22 2000 12:00 AM PST
PROFILE |
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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 |
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General Dynamics Corporation (GD)
Litton Industries, Inc. (LIT)
Todd Shipyards Corporation (TOD)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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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 |
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William P. Fricks
CEO
Charles S. Ream
CFO
CONTACT INFO |
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4101 Washington Ave.
Newport News, VA 23607
US
Phone: 757-380-2000
Fax: 757-380-4713
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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