ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Monday, February 12, 1996 TAG: 9602130032
SECTION: VIRGINIA PAGE: C-4 EDITION: NEW RIVER VALLEY
DATELINE: NEWPORT NEWS
A yearlong effort by Newport News Shipbuilding and the area's congressional delegation has held off efforts to bump the shipyard from the submarine-building business.
``I'm glad the fight is over,'' said Rep. Herbert Bateman, R-Newport News, who helped create the final compromise plan signed into law Saturday by President Clinton.
The $265 billion authorization bill guarantees Newport News Shipbuilding a share of future submarine work. Clinton had sought to have future subs built at a competitor, Electric Boat in Groton, Conn.
Approval of the bill clears the way for Newport News to get $110 million this year to plan for a submarine it will begin building in 1999. The yard is in line for a second sub contract in 2001.
- Associated Press
LENGTH: Short : 27 linesby CNB