French Nuclear Giant Areva Links Up With Northrop
Oct 24th, 2008 | By William Patalon III | Category: Financial NewsIn a sign that the planned construction of new nuclear reactors in the U.S. market could jump-start the nation’s moribund manufacturing sector, France’s Areva SA and defense-industry giant Northrop Grumman Corp. (NOC) have formed a joint venture to make nuclear reactor vessels, steam generators and other related components at Northrop’s Newport News shipyard in Virginia.