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High Costs Lead Navy to Cancel Lockheed Coastal Vessel

The Navy cancelled the second of two ships to be built by Lockheed Martin yesterday, ending intense negotiations over the vessels' growing price tags and continuing efforts to keep the cost of weapons programs under control.
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Renae Merle

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Lockheed Martin Corporation
General Dynamics Corporation
The Pentagon
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Northrop Grumman Corporation
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Brett Lambert
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