Huntington Ingalls Stock Surges on Navy Contract

Huntington Ingalls Ingalls Shipbuilding division secures a significant contract from the U.S. Navy to build a new class of small combatant ships, boosting the companys naval shipbuilding lineup and stock price. The deal, based on the proven Legend-class national security cutter design, brings steady workload visibility and positive investor sentiment, with shares up 89.5% year-to-date and a potential 1,000% return over five years.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.