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Tag Archives: Huntington Ingalls

Navy Awards Huntington Ingalls $604M for Arleigh Burke Destroyer; George Nungesser Comments

Huntington Ingalls HII

Huntington Ingalls Industries (NYSE: HII) has been awarded a $604.3 million contract modification to produce an additional Aegis-guided missile destroyer for the U.S. Navy. The Arleigh Burke-class missile destroyer DDG 121 is the third of five DDG 51 destroyers the company has been tasked to build under a contract awarded in June 2013, ...

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February 23 Morning Report: GovCon Index Closes with Record 8th Day of Gains

GovConIndexUP

The GovCon Index closed Friday at 70.937, a gain of 0.757 points (1.056%), for its eighth straight day of increase. Stocks at index company Huntington Ingalls Industries (NYSE: HII) jumped 3.53 percent after the Virginia-based shipbuilder recorded positive revenue for the 2014 fiscal year. The Dow Jones Industrial Average gained 154.67 points to 18,140.44, the Standard & Poor’s 500 composite index ...

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