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Business/Financial

Moving Work to Pascagoula Will Be Positive, Official Says

DDN

Thursday, July 15th, 2010

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By Geoff Fein While the decision by Northrop Grumman [NOC] to consolidate almost all of its Gulf Coast shipbuilding work in Pascagoula, Miss., left a lot of unanswered questions, the company is positive about the shipyard's future, according to a company official. "I think this move certainly brightens the future for Pascagoula, no question about that," Mike Petters, president of Northrop Grumman Shipbuilding, told Defense Daily yesterday. Moving much of the company's Gulf Coast shipbuilding efforts to Pascagoula clearly helps…

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