Huntington Ingalls Industries (HII) has been making noteworthy strides, with significant progress on several fronts. HII's Newport News Shipbuilding recently inaugurated a fresh site in Norfolk and started a critical EMALS testing phase on John F. Kennedy (CVN 79). Their Q1 reports indicated strong performance, surpassing the expected earnings per share by 33c, with stable yearly growth in revenues. Despite a minor stock dip post-earnings, the company's stock value is deemed to be quite promising currently. HII also secured a substantial DIA contract, and demonstrated its innovative spirit by pioneering additive manufacturing on a Virginia-Class Submarine. It is also expanding its footprints with the opening of an advanced technology facility in Syracuse, and a new office in Dayton area. The company has earned several high-profile contracts, including tasks related to the revolutionary Minotaur Software, DDG 1000 modernisation, submarine program assistance, and a whopping $1.2B to revamp a nuclear sub. HII is consistently enhancing its offerings, recently proving its mettle by successfully testing its latest REMUS 620 underwater drone. Apart from technology, HII has been actively involved in community initiatives like hosting scout merit badge days and contributing towards Hampton Roads.
Huntington Ingalls Industries HII News Analytics from Sat, 10 Sep 2022 20:17:29 GMT to Fri, 10 May 2024 16:30:09 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 3
