Shipbuilder HII to acquire facilities from South Carolina company for sub construction
The acquisition comes amid a flurry of activities by the Navy and industry to bolster the submarine industrial base.
The acquisition comes amid a flurry of activities by the Navy and industry to bolster the submarine industrial base.
The leadership changes come following HII's bleak report to Wall Street, but a company spokesman said the timing "aligns with Jennifer [Boykin's] retirement plans."
WASHINGTON: The Navy signed a massive, $15.2 billion contract with Huntington Ingalls Industries-Newport News Shipbuilding this evening for two more Ford-class aircraft carriers, hours after a Pentagon report listed a litany of problems with the ambitious program. The contract pays for completion of in 2028 of the USS Enterprise, which began in 2017. It also […]