The Latest Breaking News from HII

Defense companies are expected to benefit from the rising geopolitical tensions as countries ramp up their defense budgets. Therefore, fundamentally strong defense stocks Huntington Ingalls Industries (HII), RTX Corporation (RTX), and Lockheed Martin (LMT) could be wise portfolio additions now. Read more….

  Huntington Ingalls Indus (NYSE:HII) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:15 AM. Here's what investors need to know about the announcement.

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…