Huntington Ingalls Industries Inc.’s (HII) business unit, Mission Technologies, recently won a $6.7 billion deal to provide electronic warfare engineering and technical services support for the U.S. Air Force. This is the largest contract ever given to HII's Mission Technologies division.The market reacted positively to this news, with HII’s share price increasing by 1.4% from Dec. 5, the date of the announcement of the contract.What’s Favoring HII Stock?Rising geopolitical tensions globally have prompted c ...

Huntington Ingalls Industries (HII) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the last reported on October 31. The company makes ships for the US Navy and while there has been much made of the cost of the Ukraine war, there are calls for the US to curtail military spending.  This idea somehow finds HII in the crosshairs despite its seemingly limited involvement in that situation. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it ...

NEWPORT NEWS, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) -- What:HII’s Newport News Shipbuilding (NNS) division will christen the Virginia-class submarine Arkansas (SSN 800) on Saturday, Dec. 7.This event is NOT open to the public but will be livestreamed: www.HII.com/SSN800. Media members are invited to the event and to visit the site Friday, Dec. 6 in advance of the ceremony.  Who:The media preview day on Friday, Dec. 6 will provide an opportunity to speak with NNS and Navy leadership regarding their participat ...

Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey to financial independence back in 2011. By living well below my means and intelligently investing my hard-earned capital, I went from below broke at age 27 to financially free at 33 years old. I regularly create content on dividend growth investing, living off of dividends, undervalued high-quality dividend growth stocks, high-yield situations, and other long-term investment opportuni ...

PASCAGOULA, Miss., Nov. 20, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division welcomed Gen. Eric Smith, the 39th commandant of the U.S. Marine Corps, for an official visit to the shipyard on Wednesday. During his visit, Smith met with Ingalls leadership and toured the shipyard, including two amphibious warships currently under construction, Bougainville (LHA 8) and Harrisburg (LPD 30). “We were honored to highlight the critical work our Ingalls shipbuilders do every day in support of ...

NEWPORT NEWS, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII), America’s largest military shipbuilder and provider of all-domain defense solutions, is celebrating National Apprenticeship Week from Nov. 17-23, honoring the essential role of apprenticeships in workforce development and skills training. National Apprenticeship Week is a nationwide celebration established by the U.S. Department of Labor to showcase and promote high-quality and in-demand career pathway opportunities through registered app ...

RADNOR, Pa., Nov. 13, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Huntington Ingalls Industries, Inc. (NYSE: HII) (“Huntington Ingalls”). On October 31, 2024, Huntington Ingalls reported disappointing third-quarter earnings that fell considerably short of analyst estimates, including a 34.2% miss on EPS, and cut its full-year guidance. Additionally, Huntingt ...

NEWPORT NEWS, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding division has completed post-shakedown availability (PSA) work on Virginia-class fast attack submarine USS Montana (SSN 794). The submarine was redelivered to the U.S. Navy Tuesday. “Redelivering USS Montana back to the fleet reflects the tremendous teamwork and accomplishment by our shipbuilders and the crew,” said Jason Ward, NNS vice president of Virginia-class submarine construction. “This successful PSA demo ...

RADNOR, Pa., Nov. 13, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Huntington Ingalls Industries, Inc. (NYSE: HII) ("Huntington Ingalls").On October 31, 2024, Huntington Ingalls reported disappointing third-quarter earnings that fell considerably short of analyst estimates, including a 34.2% miss on EPS, and cut its full-year guidance. Additionally, Huntington In ...

Core Viewpoint - Huntington Ingalls Industries, Inc. has faced significant scrutiny following its Q3 earnings report, which revealed a substantial earnings miss and a sharp decline in stock price, prompting investigations into potential violations of federal securities laws [2][1]. Financial Performance - On October 31, 2024, Huntington Ingalls reported Q3 earnings that were considerably below analyst expectations, with a 34.2% miss on earnings per share (EPS) [2]. - The company's gross and operating margins also declined compared to the same quarter in the previous year [2]. - Following the earnings report, Huntington Ingalls' stock price dropped over 26% on the same day [2]. Legal Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims against Huntington Ingalls on behalf of its stockholders, focusing on possible violations of federal securities laws and other unlawful business practices [1][4]. - The law firm is reaching out to stockholders who may have suffered losses and is encouraging them to participate in the investigation [3].