Huntington Ingalls Industries (HII) recently secured a deal that will offer support and ancillary equipment to aid the production of the Lionfish Small Unmanned Undersea Vehicle (“SUUV”). The deal has been provided by the Naval Sea Systems Command, Washington, D.C.Valued at $31.9 million, the contract is expected to be completed by December 2025. The work related to this deal will be carried out in Pocasset, MA, and Hampton, VA.HII's Proficiency in UUVs HII is a manufacturer of unmanned undersea vehicles (U ...

Huntington Ingalls Industries Inc.’s (HII) business unit, Newport News, recently secured a deal to work on facility upgrade requirements for the Nimitz class aircraft carrier’s defueling and inactivation and support of Ford-class aircraft carriers.Valued at $54 million, the contract is expected to be completed by September 2027. The work related to this contract will be executed in Newport News, VA.HII's Expertise in Naval Defense An aircraft carrier plays a critical role in a nation’s ability to effectivel ...

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. 22, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding authenticated the keel today of Arleigh Burke-class guided missile destroyer Sam Nunn (DDG 133). The ship’s name honors Samuel Augustus Nunn Jr., a former U.S. senator from Georgia and co-founder of the Nuclear Threat Initiative. Nunn was in attendance for the ceremony and was joined by his daughter and ship sponsor, Michelle Nunn. “It is truly an honor to commemorate this moment in the life of the future USS Sam Nun ...

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) announced today that its Newport News Shipbuilding division has successfully transferred the mid-body hull section of Gerald R. Ford-class aircraft carrier Enterprise (CVN 80), allowing the shipyard to begin the concurrent assembly of two Gerald R. Ford-class aircraft carriers in the same dry dock. The evolution began Thursday, Oct. 31 with the controlled process of slowly filling the dry dock with more than 100 million gallons of water, m ...

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 ...