Huntington Ingalls Industries (HII) continues to consolidate its market presence in defense sector, appealing to audiences in different areas. Reflecting a shift in strategy, HII is focusing hiring experienced rather than 'green' shipbuilders. Its recent addition of a 3D-printed valve manifold assembly to an aircraft carrier consolidates efforts towards process innovation. Financial transactions indicate bullish behavior around HII as
LPL Financial, Korea Investment Corp, and
Vanguard Group have increased their positions, while
Allstate Corp, High Ground Investment Management, and Prudential Financial have made new investments. HII reported mixed results for 2024; despite lower volumes across all segments, is showcased continued growth with a huge backlog. Legal issues including investigation by
The Law Offices of Frank R. Cruz and a securities fraud investigation by
The Schall Law Firm might cause some concern among investors. HII continues to innovate, unveiling plans for a new health center and launching a new 'Build It' campaign. It also expands its shipbuilding capacity with a strategic acquisition of a South Carolina-based metal fabricator and its workforce. Most notably, HII has secured a $458 million deal to modernize
C5ISR Networks for the military.
Huntington Ingalls Industries HII News Analytics from Thu, 02 May 2024 11:22:20 GMT to Sat, 05 Apr 2025 19:07:03 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor -6
