Huntington Ingalls Industries, Inc. (HII), the largest military shipbuilding corporation in the U.S, has seen significant changes happen in its finance and executive board. Among several transactions,
HII saw D.A. Davidson & CO, Todd Asset Management LLC, B&D White Capital Company LLC, and IEQ Capital LLC increase their shares in the company while Principal Financial Group Inc. and Global Retirement Partners LLC reduced their stake. HII has seen the purchasing of a 70 Million Dollar task order to enhance cyberdefense for U.S Air Force systems and software. At the same time, they have successfully closed asset acquisitions aimed at augmenting shipbuilding capacity. Increased engagements in
STEM Grant Awards and partnerships with Job Corps for career-building schemes dominated its social initiatives. Notably, the company experiences a turbulent financial period with reduced expected revenue for 2024 due to contract delays and supply chain problems. Firms like Bronstein, Gewirtz & Grossman, LLC, and Rosen Law Firm have initiated investigations into the company. However, HII made vital executive changes including Kari Wilkinson's appointment as Newport News Shipbuilding's new President.
Huntington Ingalls Industries HII News Analytics from Sat, 16 Mar 2024 14:07:09 GMT to Sat, 01 Mar 2025 09:36:39 GMT -
Rating -7
- Innovation -6
- Information 6
- Rumor -4
