The US Navy is ready to deploy a new first-in-class supercarrier for the first time in over four decades. The aircraft carrier USS Gerald R. Ford will set sail on its maiden deployment next week from Hampton Roads, Virginia. The Ford''s first deployment comes four years after the ship was first expected to deploy. The $13 billion lead ship of a new class of advanced US Navy aircraft carriers is about to finally set sail on its first deployment after years of costly setbacks and delays that have at times made it the target of fierce criticism. The first-in-class aircraft carrier USS Gerald R. Ford, which was commissioned over five years ago and has been over a decade in the making, will deploy for the first time next week on a short, service-retained deployment, Vice Adm. Daniel Dwyer, US 2nd Fleet commander, told reporters. During the Ford''s time deployed at sea, thousands of personnel, 17 ships, one submarine, and at least 60 aircraft from nine countries will participate in military exercises in the Atlantic, an area of increasing strategic significance.
MCLEAN, Va., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Global defense and technologies partner HII (NYSE: HII) announced today the delivery of three REMUS 100s unmanned underwater vehicles (UUVs) to the U…
While no one can truly predict a catastrophic equities sector downturn, it’s nevertheless a wise idea to strategize certain investments that can survive a stock market crash. Primarily, all eyes center on the Federal Reserve. Recently, in a question-and-answer session hosted by the Cato Institute, Fed chair Jerome Powell committed to raising interest rates until inflation gets under control. Further, Powell’s remarks echoed his policy speech at the annual economic symposium at Jackson Hole, Wyoming. At the time, the head of the central bank acknowledged that raising rates would cause “some pain.” However, he also cautioned that not addressing inflation could lead to substantial long-term damage. Unfortunately, Wall Street didn’t want to hear this disclosure at the time. Again, no one can predict such a calamity with 100% accuracy and with regularity. However, the backdrop lends some credence to a stock market crash. Mainly, efforts to curb inflation through raising rates will lead to the dollar increasing in relative value.
With the equities sector possibly on the verge of a downtrend, now is a good time to consider no-brainer long-term stocks to buy. As you probably heard, Federal Reserve chair Jerome Powell had less-than-exciting news to deliver to investors. Essentially, the Fed recognizes the enormous challenges which rising inflation caused. Therefore, the central bank remains committed to doing what it can to tackle historically high consumer prices. In other words, the framework of rising benchmark interest rates will likely continue until inflation comes under control. Unfortunately, that bodes poorly for growth-focused equities, which depend on robust entrepreneurial sentiment. However, rising borrowing costs quell such desires. Nevertheless, forward-looking investors may want to consider long-term stocks to buy. At some point, these challenges will fade, presenting potential discounted opportunities today. For the purposes of this list of long-term stocks to buy, I’ve divided the nine securities into three equal-weighted parts.
Huntington (HII) said that its Ingalls Shipbuilding division has been awarded a $41.6M cost-incentive-fee contract from the U.S
According to Benzinga Pro, during Q2, Huntington Ingalls Indus (NYSE: HII ) earned $178.00 million, a 27.14% increase from the preceding quarter. Huntington Ingalls Indus also posted a total of $2.66 billion in sales, a 3.34% increase since Q1. In Q1, Huntington Ingalls Indus earned $140.00 million, and total sales reached $2.58 billion. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth … Full story available on Benzinga.com
Huntington Ingalls Industries Inc (NYSE: HII ) division Mission Technologies has secured a Mobility Air Force Distributed Mission Operations (MAF DMO) task order worth $79 … Full story available on Benzinga.com
Huntington Ingalls is one of the smallest companies among defense stocks. Shareholder distributions are expected to accelerate, though. Click to read why.
Huntington Ingalls Industries, Inc. (NYSE:NYSE:HII) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Christie Thomas – Vice President-Investor Relations Chris…
The following slide deck was published by Huntington Ingalls Industries, Inc.
Huntington Ingalls Industries Inc (NYSE: HII ) has secured a $127 million task order to support the Defense Security Cooperation Agency (DSCA) … Full story available on Benzinga.com
Huntington Ingalls (HII) is scheduled to announce Q2 earnings results on Thursday, August 4th, before market open.The consensus EPS Estimate is $3.44 (+12.8% Y/Y) and the consensus…
Huntington Ingalls (HII) declares $1.18/share quarterly dividend, in line with previous.Forward yield 2.17%Payable Sept. 9; for shareholders of record Aug. 26; ex-div Aug.
Huntington Ingalls Industries Inc (NYSE: HII ) has secured the Decisive Mission Actions and Technology Services task order under the General Services Administration One Acquisition Solution for … Full story available on Benzinga.com
Huntington Ingalls Industries Inc''s (NYSE: HII ) division Mission Technologies has been awarded a task order to provide spectrum assessments across technical , policy, and strategy areas for the Department of Defense Chief Information … Full story available on Benzinga.com
Huntington Ingalls Industries (HII) said Monday its mission technologies division was awarded a task order to provide spectrum assessments across technical, policy and strategy areas…
Huntington Ingalls Industries (HII) said Wednesday its Ingalls Shipbuilding division plans to hire more than 2,000 full-time shipbuilders as part of its future workforce plans.The…
PASCAGOULA, Miss., July 06, 2022 (GLOBE NEWSWIRE) -- Global defense and technologies partner HII (NYSE: HII ) announced today that the company''s Ingalls Shipbuilding division plans to hire over 2,000 full-time shipbuilders as part of its future workforce plans. The new shipbuilders will join a skilled workforce that delivers critical capabilities to HII''s national security customers, including amphibious warships, destroyers and national security cutters. Ingalls Shipbuilding is located on an 800-acre facility, having recently completed a state-of-the-art upgrade that includes covered workspaces to keep shipbuilders dry and cool. "With a shipbuilding legacy of nearly 84 years, Ingalls offers careers dedicated to a service mission — building ships that protect and defend our freedoms," Ingalls Shipbuilding President Kari Wilkinson said. "We are excited to be adding new members to our team and to be providing a variety of stable career opportunities to our … Full story available on Benzinga.
Defense-exposed stocks were among the top decliners among industrials on Tuesday, on worries that a recession might mean reduced government funding for projects.(LHX) -4.8%, (HII)…
Huntington Ingalls Industries'' 15% and ~21% of revenues in 2021 and Q1 2022, respectively were non-shipbuilding. See why we rate HII stock as a buy.
Huntington-Ingalls Industries - Ingalls Shipbuilding (HII) is awarded a $240M cost-plus-fixed-fee modification to previously awarded contract N00024-18-C-2406 for…
MCLEAN, Va., June 10, 2022 (GLOBE NEWSWIRE) -- HII (NYSE: HII ) announced today that Jeff Jackson has been named senior director of talent development for its Mission Technologies division. He will report to Melanie Anderson, Mission Technologies'' senior vice president of human resources. In the new role, Jackson will lead talent strategies in alignment with Mission Technologies'' strategic business and human capital objectives. This includes leadership development; coaching/mentoring; training; career paths; performance management; employee engagement; diversity, equity and inclusion; and other culture-shaping initiatives. With the successful integration of a series of strategic acquisitions in recent years, HII''s talent portfolio has expanded in highly technical skills sets across leading-edge national security solutions including C5ISR, advanced military … Full story available on Benzinga.com
Defense stocks in general are poised to benefit a great deal from geopolitical tensions in the wake of the Russia-Ukraine War Raytheon ( RTX ) should get a big lift from its drone and anti-drone businesses Huntington Ingalls’ ( HII ) backlog reached a record and the company will benefit from greatly increased U.S. spending on its Columbia-class submarine. The Pentagon’s spending on Northrop Grumman’s ( NOC ) B-21 bomber is poised to radically surge. Source: Gorodenkoff / Shutterstock.com Two of the most popular sectors now are the energy and defense spaces. For a few reasons, I believe that defense stocks are, on the whole, a better, safer bet for longer-term investors than energy names. In the short term, because of the volatility of oil prices, energy stocks could easily take a big hit. That’s because many prognosticators believe that the Russia-Ukraine War could soon be over. And in any possible deal between Moscow and the West, Russia could be allowed to resume selling its oil with very few restrictions, causing oil prices to tumble.
This report studies the UAV Subsystem Market with many aspects of the industry such as market size, market status, market trends and forecast. The report also provides brief information on competitors and opportunities for specific growth with the key market drivers. Find the comprehensive analysis of the UAV Subsystem market segmented by company, region, type []
The report on Global Military Shipbuilding and Submarines Market has been provided by researchers for a detailed understanding of market performance over an estimated period of time set from 2021 to 2026. However, this report has introduced a brief overview to provide the reader with better information on this report. This brief description contains a []
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Credit Suisse Stick to Their Buy Rating for Textron
Textron Systems and General Dynamics Land Systems each will design a prototype model of a light armor carrier ordered by the U.S. Marine Corps.
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc., a company accelerating the adoption of electric regional air travel, today announced an exclusive relationship with Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, supporting Surf Air Mobilitys development of electrified Cessna Grand Caravan aircraft, beginning with a hybrid electric Cessna Grand Caravan aircraft, targeted to be available in 2024. Surf Air Mobility has agreed to purchase up to 150 Cessna Grand Caravan EX single-en
Rise in inclination toward private aviation solution and growing concern toward health among individuals fuel the growth of the very light jet market. By end use, the military segment contributed to the major share in 2020. By region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030. Prominent Players: Bombardier Inc., Cirrus Industries, Inc., Diamond Aircraft Industries GmbH, Embraer S.A., Honda Motor Co., Ltd., MSC Aerospace LLC, Nextant Aerospace Holdings, LLC, Pilatus Aircraft Ltd, Stratos Aircraft, Inc., and Textron Inc. Rise in inclination toward private aviation solution and growing concern toward health among individuals fuel the growth of the very light jet market. By end use, the military segment contributed to the major share in 2020. By region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030. Prominent Players: Bombardier Inc., Cirrus Industries, Inc., Diamond Aircraft Industries GmbH, Embraer S.
The ARV is envisioned as a multi-purpose combat vehicle from which Marines can command and control robots and autonomous vehicles.
The global Military Helicopters market is comprehensive and accurately presented in the report with the help of detailed market information and data, critical findings, error-free statistics, and reliable forecasts. The report digs deep into important aspects of the global Military Helicopters market, including competition, segmentation, regional expansion, and market dynamics. Each leading trend of the []
The global Military Rotorcraft market is comprehensive and accurately presented in the report with the help of detailed market information and data, critical findings, error-free statistics, and reliable forecasts. The report digs deep into important aspects of the global Military Rotorcraft market, including competition, segmentation, regional expansion, and market dynamics. Each leading trend of the []
Textron (NYSE: TXT ) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months
Latest survey on Global General Aviation Market is conducted to provide hidden gems performance analysis to better demonstrate competitive environment of General Aviation. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end use applications. The report bridges the historical []
Money, designed to support new green aerospace projects, will be shared between CAE Inc., Canadian unit of U.S. engine maker Pratt & Whitney and Textron
List of Key Companies Profiled in this Zero Turn Mowers Market Report: Lastec (United States), Weibang (United States), Metalcraft of Mayville Inc. (United States), Fiskars (United States), Stanley Black & Decker (United States), Generac Holdings Inc. (United States), Schiller Grounds Care (Bob-Cat) (United States), BigDog Mower (United States), Bad Boy Mowers (United States), Brookfield Property Partners L.P. (STIGA SpA) (United Kingdom), Textron Inc. (United States), Briggs & Stratton, LLC. (United States), MTD Products Inc. (United States), The Toro Company (United States), Wright (United States), Swisher (United States), Greenworks Tools (United States), Alamo Group (United States), Country Clipper (United States), Brute manufacturers (United States) List of Key Companies Profiled in this Zero Turn Mowers Market Report: Lastec (United States), Weibang (United States), Metalcraft of Mayville Inc. (United States), Fiskars (United States), Stanley Black & Decker (United States), Generac Holdings Inc.
The shares of Textron have been surging ahead in recent weeks despite expectations of slow growth in the commercial airline industry. Notably, the company''s business from
Kautex Textron workers ratified a new three-year collective agreement Thursday with wage increases totalling 6.9 per cent over the life of the agreement. Unifor Local 195 president Emile Nabbout said the 237 workers at the Windsor facility voted 90 per cent in favour of the tentative agreement that was reached June 25 after a five-hour []
By John Lee. US-based Textron Aviation Defense has been awarded a $7,605,208 firm-fixed price contract with cost-plus-fixed-fee and cost-reimbursable contract line item numbers for support and sustainment of the Iraq Peace Dragon Program. This contract provides support of the field service representatives, program management, core/field engineering and repair-and-return. Work will be performed in Wichita, Kansas, [] The post Textron awarded $7.6m Iraq Contract first appeared on Iraq Business News .
Not one of them is named "General Dynamics" or "Huntington Ingalls."
The Royal New Zealand Navy orders four REMUS 300 unmanned underwater vehicles for mine countermeasure and survey operationsNEWPORT NEWS, Va., June 21, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls In
The Royal New Zealand Navy orders four REMUS 300 unmanned underwater vehicles for mine countermeasure and survey operations The Royal New Zealand Navy orders four REMUS 300 unmanned underwater vehicles for mine countermeasure and survey operations
NEWPORT NEWS, Va., June 18, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that Jason Sutton has been promoted to chief information officer for its Newport News Shipbuilding division, effective June 21.
Huntington Ingalls is the largest military ship building company in the U.S. With the Department of Defense as a prime customer, the company is engaged in many high-priority
NEWPORT NEWS, Va., June 15, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that Ashutosh Gokhale has been appointed vice president, business management and chief financial officer for its Technical Solutions division.
PASCAGOULA, Miss., June 11, 2021 (GLOBE NEWSWIRE) -- Today, Huntington Ingalls Industries (NYSE: HII) Ingalls Shipbuilding division announced the successful launch of the Navys first Flight III Arleigh Burke -class (DDG 51) guided missile destroyer Jack H. Lucas (DDG 125).
PASCAGOULA, Miss., June 09, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) Ingalls Shipbuilding division plans to hire approximately 3,000 full-time shipbuilders as part of its future growth plan.
The U.S. Navy needs cheap ships. Huntington Ingalls wonders if robots might do the trick.
PASCAGOULA, Miss., June 08, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has been awarded a contract with a potential total value of $724 million for planning yard services in support of in-service amphibious ships.
DUBLIN, June 8, 2021 /PRNewswire/ -- The
The U.S. Navy has selected Huntington Ingalls to undertake a shipyard technical support contract in Mississippi. The deal has a hybrid structure, which includes options, which if exercised, would take the total value of the contract to $724.3M. Huntington will undertake yard support for various amphibious transport and assault ships, and will also undertake on-site [] The post U.S. Navy awards Huntington Ingalls $724.3M yard support contract appeared first on FedScoop .
Huntington Ingalls Industries'' Scholarship Fund has helped three from Newport News Shipbuilding test engineer Richard Neville''s family go to college now the latest, Olivia, is returning the favor by joining the yard.
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