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Navy cancels $20b purchase of destroyers

Move hits Raytheon hard, imperils Bath shipyard jobs

By Robert Weisman and Bryan Bender
Globe Staff / July 24, 2008

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A stunning Navy decision to abort a $20 billion plan for a new fleet of destroyers yesterday threw into question the future of Raytheon Co.'s largest defense program and renewed longstanding concerns about the fate of the Bath Iron Works shipyard in Maine. (Full article: 1130 words)

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