Huntington Ingalls Industries, Inc. Common Stock (HII)
195.97
+2.04 (1.05%)
Huntington Ingalls Industries is a leading American defense contractor primarily focused on designing, building, and maintaining advanced military vessels and systems
The company is renowned for its expertise in naval shipbuilding and offers a range of services that include the construction of aircraft carriers, submarines, and other specialized ships for the U.S. Navy and allied nations. In addition to shipbuilding, Huntington Ingalls provides services in program management, systems engineering, and fleet support, playing a crucial role in national security and maritime defense. The company is committed to innovation and technological advancement, ensuring that its products meet the evolving demands of modern naval warfare.
Shares of aerospace and defense company Huntington Ingalls (NYSEHII)
jumped 13.1% in the mid-day session after President Trump announced plans to help the shipping industry, including funding via tax incentives, during a session with Congress. He added, "We are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding." This is good news for companies like Huntington Ingalls, as the comments suggest the shipping industry might enjoy favorable policies and regulations under the Trump administration if the plans take shape.
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A Wall Street Journal report said the order includes 18 initiatives, including generating revenue from fees on Chinese-built ships and cranes entering the U.S.
In an attempt to revive the U.S. shipbuilding industry and challenge China's maritime dominance, the administration under President Donald Trump is reportedly preparing an executive order.
NEWPORT NEWS, Va., March 04, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that shipbuilders at its Newport News Shipbuilding division have successfully installed the first valve manifold assembly created by additive manufacturing technology on a new construction aircraft carrier.
MCLEAN, Va., Feb. 27, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a task order valued at approximately $70 million to support the safe use of U.S. Air Force systems and software and the implementation of government-mandated information security requirements.
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NEWPORT NEWS, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) will participate in Citi’s Global Industrial Tech and Mobility Conference on Feb. 18. A conversation with HII President and CEO Chris Kastner will begin at 7:10 a.m. Eastern time and will be webcast on ir.hii.com.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Friday. Uncover the top gainers and losers in today's session for valuable insights.
PASCAGOULA, Miss., Feb. 07, 2025 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division awarded $95,600 in STEM grants today to 22 local schools and educational organizations, reinforcing the company’s commitment to fostering innovation and critical thinking among youth. The grants will support a variety of hands-on projects, classroom technology enhancements, and STEM-focused curriculums.
Shares of aerospace and defense company Huntington Ingalls (NYSEHII)
fell 17% in the morning session after the company reported a disappointing fourth quarter, with EPS missing significantly and revenue falling short of Wall Street's estimates. The weak top line was driven by lower volume in all segments. Overall, this was a challenging quarter.
