HEADLINE NEWS
Navy Terminates F-14 Remanufacturing Program, Clouding Grumman’s Future as Airframe Builder
NEW YORK The U. S. Navy last week formally terminated Grumman Corp.’s F-14D remanufacturing program, increasing the odds that the company eventually will be forced out of the airframe business. About 400 employees who worked on the $788-million program are expected to receive layoff notices during the next two weeks.
By ANTHONY L. VELOCCI2 min