NYSE:HIIAerospace & Defense
U S Iran Tensions Put Huntington Ingalls Valuation And Backlog In Focus
Large scale combat operations involving U.S. and Israeli forces against Iran have recently broken out, raising the risk of a prolonged regional conflict.
The U.S. Navy is heavily engaged in the area, putting fresh attention on fleet readiness, ship availability, and long term procurement needs.
Huntington Ingalls Industries (NYSE:HII), the sole builder of U.S. nuclear powered aircraft carriers and a major producer of other Navy ships, is closely tied to these developments.
Huntington...