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Northrop Bids for British Spy Plane Deal

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From Bloomberg News

Northrop Grumman Corp., which makes Global Hawk drones for the Air Force, will probably learn by the end of the year whether it won a $1.47-billion British contract for spy planes.

Century City-based Northrop Grumman, the third-biggest defense contractor in the U.S., and a competing team led by Paris-based Thales, Europe’s second-biggest weapons maker, have submitted final bids.

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