PASCAGOULA – A potential buyer of Northrop Grumman Ship Systems has written governors in three states saying it plans to quickly finalize contract negotiations to preserve an estimated $5 billion in work for the Navy and Coast Guard.
The Mississippi Press reports Cleveland Shipbuilding Group, headquartered in Cleveland, Ohio, sent the letters to Govs. Haley Barbour of Mississippi, Bobby Jindal of Louisiana and Robert McDonnell of Virginia. The company also posted a news release on its web site,
Barbour’s office told the newspaper that Cleveland officials met with the Mississippi Development Authority on Tuesday.
Northrop officials have declined comment on the potential sale.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info