Huntington Ingalls Industries (HII), a significant player in
US shipbuilding, continues to receive increasing support from investors, with
Sei Investments Co and
Epoch Investment Partners Inc enhancing their stockholdings. The company also buoyed its presence with a
new Advanced Technology Facility in Downtown Syracuse. HII's Q1
earnings surpassed expectations, surpassing analyst expectations resulting from a revenue rise. The organization also intends to advance
Additive Manufacturing in the Virginia-Class submarine, which strengthens its innovation momentum. HII has been awarded contracts worth $1.3 billion and $244 million for the detailed design and construction of LPD 32 and for integrating Minotaur Software products into maritime platforms, respectively. Furthermore, in a bid to explore global opportunities, HII has created a
strategic partnership with Babcock. The company’s strong performance in 2023 underpins expected growth and enhances shareholder returns, with a
15% CAGR over the last three years.
Huntington Ingalls Industries HII News Analytics from Sun, 03 Apr 2022 16:12:15 GMT to Sun, 09 Jun 2024 19:46:12 GMT -
Rating 9
- Innovation 8
- Information 7
- Rumor -4
