HII’s (HII) Ingalls Shipbuilding division has been selected by the U.S. Navy to design and build the future small surface combatant, SSC, ship, leveraging the proven design of the Ingalls-built Legend-class national security cutter, NSC. “With a proven track record of building complex ships, and having the available facility capacity, Ingalls shipbuilders will once again engage in construction activities alongside its destroyer and amphibious ship shipbuilding lines where the national security cutters were built, using the same sequence of build,” the company said.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HII:
- Trump Trade: U.S. orders blockade of sanctioned oil tankers from Venezuela
- White House to limit buyback/dividends for contractors over budget, Reuters says
- HII initiated with a Buy at Citi
- HII announces construction of ROMULUS prototype reaches 30% completion
- HII expands partnership with Babcock International Group
