Huntington Ingalls Buys Engineering, Project Mgmt Provider UPI

acquisitionHuntington Ingalls Industries (NYSE: HII) has purchased engineering and project management services provider UniversalPegasus International Holdings for an undisclosed amount.

Chris Kastner, corporate vice president and general manager for corporate development, will oversee the new subsidiary, Huntington Ingalls said Monday.

The Houston, Tx.-based company provides design, survey, inspection and construction management services to domestic and international customers

UPI also operates in Oklahoma, Illinois, Louisiana, Canada, the U.K. and Trinidad and Tobago.

Check Also

Jon Hill Director MDA

Vice Adm. Jon Hill on MDA’s Move to Pause Defensive Hypersonic Missile Design Program

Vice Adm. Jon Hill, director of the Missile Defense Agency, said MDA has decided to delay the defensive hypersonic missile design effort to focus on near-term options, Defense News reported Tuesday.

Fisher Industries

Fisher Industries Lands Potential $290M CBP Laredo Sector Border Construction Contract

Fisher Industries has received a potential $289.5M contract to build an additional 17 miles of border wall infrastructure for the U.S. Border Patrol Laredo Sector's area of responsibility in Webb County, Texas.