Huntington Ingalls Wins U.S. Navy Contract, Shares Surge

Huntington Ingalls, a major aerospace and defense company, secures a significant project with the U.S. Navy to build a new class of small surface combatant ships. This win, based on the successful design of the Legend-class national security cutter, boosts the companys shares, which have seen a 76.9% increase this year and a new fifty-two-week high. Despite past volatility, long-term investors have seen a solid return, with a $1,000 investment from five years ago now worth over $2,000.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.