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  • Avondale Shipbuilding Yard Closing-Wiping Out 5,000 Jobs

    July 13, 2010 7:11 PM

    NEW ORLEANS (AP) - In the worst economic blow for the New Orleans region since Hurricane Katrina, Northrop Grumman Corp. said Tuesday that it will shut its Avondale shipbuilding yard in 2013, wiping out up to 5,000 jobs. The Los Angeles-based company said it would consolidate construction of Navy amphibious... more »

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