The Coming Defense Bonanza

The Pentagon goes shopping for ships, planes, missiles and more

A the Bath Iron Works in Bath, Me., officials anxiously await the Government contract order for more new $200 million guided-missile frigates. At Litton Industries in Beverly Hills, executives are putting final plans together for a $64 million expansion to accommodate expected new Pentagon business. A few miles away in Hawthorne, Calif., the Northrop Corp. is preparing to quadruple production of the Navy's F/A-18 fighter plane to two per month.

These are some of the increasingly frequent signs of the growing boom in America's...

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