Huntington Ingalls Industries Secures $2.4 Billion Contract for U.S. Navy's New Small Surface Combatant Ship

Huntington Ingalls Industries (HII) has secured a contract with the U.S. Navy for a new small surface combatant ship. The company is a leading player in the U.S. military shipbuilding sector with a market capitalization of $12.66 billion. Despite recent financial challenges, HII maintains a strong position in the aerospace and defense industry. The company's strategic positioning and historical expertise in shipbuilding make it a pivotal player in the defense sector.