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.

You may also be interested in...

huntington-ingalls-wins-air-national-guard-training-support-contract

HII Books $175M Navy Contract for Aircraft Carrier Elevator Support Maintenance

Huntington Ingalls Industries (NYSE: HII) will maintain and repair elevator support units aboard the U.S. Navy's nuclear-powered aircraft carriers under a five-year, $174.9M contract. 

Lockheed THAAD

Lockheed to Help Maintain UAE THAAD Weapon System Under $255M MDA Contract

Lockheed Martin (NYSE: LMT) has received a five-year, $254.7M contract from the Missile Defense Agency to maintain two batteries for the United Arab Emirates' Terminal High Altitude Area Defense system.