Reported 1 day ago
Huntington Ingalls Industries has recently been awarded contracts totaling $9.5 billion from the U.S. Navy, which includes building amphibious transport dock ships and an America-class amphibious assault ship. This contract win is significant as it surpasses a recent $6.8 billion contract awarded to General Dynamics for fleet replenishment oilers. The new contracts represent a major boost for Huntington Ingalls, a smaller shipbuilder compared to General Dynamics, highlighting its growing importance in defense and shipbuilding.
Source: YAHOO