Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, March 20, 1991 TAG: 9103200273 SECTION: VIRGINIA PAGE: B3 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
The plant would drop its submarine division of 12,500 workers if it failed to win a key contract, yard officials told a Senate subcommittee Tuesday.
Another titan of the military shipbuilding business also warned of mass layoffs and possible closure in the event of a slowdown. The Electric Boat Division of General Dynamics Corp., based in Connecticut and Rhode Island, is certain to cut its work force of 22,000 in half by 1995 and could close entirely, that yard's chief said.
- Associated Press
by CNB