Huntington Sticks to Plan to Close Louisiana Shipyard
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Huntington Ingalls Industries Inc., the U.S. Navy’s largest builder of surface warships, will keep to its plans to shut its Avondale shipyard near New Orleans, Chief Executive Officer Michael Petters said.
Shipbuilding will end at Avondale by mid- to late-2013, after it delivers its last amphibious ship, Petters said yesterday in an interview in Bloomberg’s Washington office. The company continues to seek a “partner,” such as a heavy manufacturer that will develop an alternative use, he said.