Huntington Ingalls Industries (HII) has had several significant events and updates. The company announced Fletcher Construction completion of new health center and strategic leadership plans to advance AUKUS goals in Australia. HII's Newport News Shipbuilding opens a new site in Norfolk and delivers strong Q1 2024 results. They also won a contract to aid the submarine program but experienced a downgrade by J.P. Morgan. HII's stock was queried for being undervalued and risky, yet it surpassed Q2 earnings expectations. Prominent personnel shifts included the appointment of Michael Lempke to lead HII's Australia business. The company moved towards becoming an 'all-digital' manufacturer and bagged a $197M contract for Joint Training Synthetic Environment R&D. HII hit the news with a new parking garage at Newport News Shipbuilding, and acquisition of Camber Corp. HII has also faced criticism from the Newport News shipyard union regarding unreported occupational deaths. The future looks promising as HII expands presence with new advanced technology facility in Syracuse.
Huntington Ingalls Industries HII News Analytics from Tue, 13 Sep 2022 13:44:41 GMT to Fri, 20 Sep 2024 15:31:40 GMT -
Rating 2
- Innovation 7
- Information 5
- Rumor 4
