Textron’s landing hovercraft cut 20% in U.S. Navy 5-year plan

NEW YORK - The U.S. Navy is proposing a 20 percent cut in its planned fleet of new hovercraft being built by Textron Inc. to bring Marine and Army forces and equipment ashore from amphibious warfare vessels. The service’s next five-year budget will call for 58 of the new Ship to Shore Connector instead of…

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