- 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 Integrated Services multiple award, IDIQ contract.
- The task order has a ceiling value of $826 million with a one-year base period and four one-year option periods.
- Under this task order, HII’s Mission Technologies division will support all DOD service components, component research labs, components of the DOD Fourth Estate, National Intelligence Agencies, and Combatant Commands.
- Support under this task order includes technology, development, integration, collaboration, and sustainment support.
- Price Action: HII shares are trading lower by 0.76% at $215.20 on the last check Monday.
Stellantis CEO Warns Of More Plant Closures: Report
Stellantis NV (NYSE: STLA) Chief Executive Officer Carlos Tavares warned of more auto plant closures in the year.
Tavares said auto makers will be pushed to shut shops if high electric vehicle prices made vehicle markets to shrink.