NYSE:HIIAerospace & Defense
HII Contracts Link Next Gen Naval Platforms With Apparent Valuation Discount
Huntington Ingalls Industries (NYSE:HII) has received a $283 million lead yard support contract for the U.S. Navy's FF(X) class frigate program.
The company also secured a Defense Innovation Unit award to develop an autonomous launch and recovery system for submarine deployed unmanned underwater vehicles.
These contracts expand HII's work in advanced surface warships and undersea autonomy for future naval operations.
For investors tracking defense exposure, NYSE:HII sits at the intersection...