The Navy has ended a shipyard monopoly.
- Share via
The Navy ended a monopoly held by Newport News Shipbuilding & Drydock by awarding a contract for two Polaris submarine overhauls to a government-owned shipyard in Charleston, S.C. The awarding of the $224.2-million contract to the Charleston Naval Shipyard marked the culmination of the first public-private competition for such submarine work. Navy officials hope that similar competitions will tempt General Dynamics to enter the bidding fray. Newport News has filed a protest over the Navy’s decision with the General Accounting Office.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
