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Pentagon awards $185 million to shipbuilders, aerospace manufacturers

from Thomasnet

The Defense Department recently announced it would award $185 million to four companies in an effort to protect domestic production of military ships and aircraft during the coronavirus pandemic. Pentagon officials said $55 million each would be allocated to W International and GE Aviation, with another $50 million headed to Austal USA and $25 million to Weber Metals. The funding was authorized under the Defense Production Act as part of a massive COVID-19 relief package enacted in March. more

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