BAE Systems To Boost Ship-Servicing Business With MHI Buy
The acquisition of the Norfolk, Va.-based company would augment BAE's existing ship repair unit, which manages full-service shipyards in Norfolk, Jacksonville, Fla., Mobile, Ala., and other strategic ports around the country. MHI's 400 employees would join BAE's workforce if the deal is approved.
“The proposed addition of MHI's...
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