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Litton chief Ash to head new budget unit amid Navy claims
Roy L. Ash named head of a new budget office as Litton Industries seeks 380 million from the Navy for cancellation costs and design changes on five helicopter assault ships. Navy calls claims unsubstantial but continues interim financing through February 1973. Ash plans to resign from Litton, sell 200000 shares, and focus on federal budget management.
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Washington
Nixon
Navy
Roy L. Ash
Litton Industries
Wall Street
Ash
Litton
Pascagoula
Miss
Office of Management and Budget