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| The U.S.
Navy awarded yesterday over half billion US$ for continued detailes
design of the Zumwalt class destroyer, DDG-1000. Northrop Grumman
Corporation (NYSE: NOC) was awarded US$268 million and General
Dynamics' Bath Iron Works was awarded $257 million, bringing
the total value spent on the new class' design to $644 million.
The contract funds further DDG 1000 detail design and procurement
of vendor-furnished information and long-lead materials and
runs through 2013.

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| DDG 1000
is the first in a class of the U.S. Navy's multi-mission surface
combatants tailored for land attack and littoral dominance.
The ship's mission is to provide affordable, credible, independent
forward presence and deterrence and to operate as an integral
part of naval, joint or combined maritime forces. DDG 1000 will
provide advanced land attack capability in support of ground
campaigns and will contribute naval, joint or combined battlespace
dominance in littoral operations. DDG 1000 is in an advanced
state of development and will influence ship design worldwide
for the remainder of the century.
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