
Titan Acquisition Holdings has agreed to acquire Huntington Ingalls Industries’ (NYSE: HII) San Diego shipyard for an undisclosed sum in a move to expand its ship repair capabilities to better meet the needs of the U.S. Navy, U.S. Army and other defense customers. The transaction will give HII a minority stake in Titan and is expected to close in...
A Huntington Ingalls Industries (NYSE: HII) division has received a potential four-year, $129.7M contract to provide hull planning yard, technical and engineering support for the U.S. Navy’s Gerald R. Ford-class (CVN 78) and Nimitz-class (CVN 68) nuclear-powered aircraft carriers....