Huntington Ingalls Industries (HII) has been a focal point in the investment world recently, with various financial groups purchasing new shares or increasing their stakes. It was found that Essential Planning LLC., Charles Schwab Investment Management Inc., Quantbot Technologies LP and others have made significant investments. Meanwhile, Rep. Julie Johnson sold off her shares. HII also set to work on the USAF F-16 pilot training program and won a $182 Million Pilot Training Contract. Kari Wilkinson was appointed to lead Newport News Shipbuilding. The company has announced its intention to acquire South Carolina Advanced Metal Fabricator Assets and Workforce, thereby expanding its shipbuilding capacity. They have also launched a new Virtual Reality Welding Lab. Despite these advancements, HII's one-year loss raised concerns, mostly linked to its shrinking earnings. Several shareholder investigations and a lawsuit were filed against HII, impacting their financial outlook for 2024. Evolving communication sees them launching a 'Build It' Campaign and securing a significant Air Force training support contract. Despite facing contract delays and supply chain issues, analysts remain optimistic about HII's share price.
Huntington Ingalls Industries HII News Analytics from Thu, 02 May 2024 11:22:20 GMT to Sun, 16 Mar 2025 00:09:54 GMT -
Rating 6
- Innovation -1
- Information 7
- Rumor -3
