The Latest Breaking News from HII

The defense industry’s prospects look promising, given the rising geopolitical conflicts, increasing defense budgets, and use of advanced technologies. Amid this backdrop, one could consider adding fundamentally strong defense stocks Huntington Ingalls Industries, Inc. (HII), Brady Corporation (BRC), Cadre Holdings, Inc.(CDRE) and Willis Lease Finance Corporation (WLFC) to one’s watchlist.…

The defense industry shows substantial growth potential amid geopolitical instabilities, consistent technological advancements, and rising defense investments. Therefore, it might be wise to buy fundamentally strong defense stocks OSI Systems (OSIS), Brady (BRC), and Huntington Ingalls Industries (HII). Read more.

Huntington Ingalls Industries Inc (NYSE:HII) has secured two tactical training systems contracts from the Naval Air Warfare Center China Lake. The first contract is a multiple-award IDIQ contract with a total ceiling value of $249 million and is for aircrew electronic warfare tactical training. The second contract is also a multiple-award IDIQ contract…

Huntington Ingalls Industries Inc (NYSE:HII) has been upgraded to Outperform from Market Perform, and the price target was raised to $270 (an upside of 21.8%) from $200 by Cowen analyst Gautam Khanna. The analyst mentions that the defense sector is facing improved budget growth prospects reflecting the Russia/Ukraine war and the prospect of further Russian/Chinese…

Water management digital solution platform Hydrogence, powered by the Hydro-Informatics Institute (HII) and the Digital Economy Promotion Agency (Depa), has won a hackathon competition at the World Expo 2020 in Dubai.

Huntington Ingalls Industries Inc (NYSE:HII) reported a fourth-quarter revenue decline of 2.9% year-over-year to $2.68 billion, beating the consensus of $2.66 billion. EPS was $2.99, beating the consensus of $2.97. Pension Adjusted EPS was $2.84. The operating income declined 60.7% Y/Y to $120 million, and the margin contracted by 658 bps to 4.5%.…

  Huntington Ingalls Indus (NYSE:HII) reported its Q4 earnings results on Thursday, February 10, 2022 at 07:15 AM. Here's what investors need to know about the announcement.

Huntington Ingalls Industries Inc (NYSE:HII) board elected Chief Operating Officer Chris Kastner to become President and Chief Executive Officer, effective March 1, 2022. The board also elected president and CEO Mike Petters to become executive vice-chairman of the board for a transition period. Petters will support the leadership transition as executive vice…