The second contract, for tactical integrated threat/target training systems, is also a multiple-award, IDIQ contract with a total ceiling value of $92 million. Both contracts have a five-year continuous ordering
Cowen & Co. analyst Gautam Khanna upgrades Huntington Ingalls Indus (NYSE:HII) from Market Perform to Outperform and raises the price target from $200 to $270.
- HII, America's largest shipbuilder and leading provider of mission-driven defense technologies, on Friday delivered the newest Virginia-class fast-attack submarine to the U.S. Navy.
Against the backdrop of the Russia-Ukraine conflict, the U.S. defense budget could increase to 3.5% to 4% of GDP, according to BofA Securities.
The Defense Analyst: Ronald Epstein reiterated the ratings for defense stocks while raising their price targets.
HII (NYSE:HII) successfully completed the first contractor-owned, contractor-operated (COCO) air combat training mission with the U.S. Air Force in Europe. This training represents a milestone for contracted
President Joe Biden is expected to announce a new set of sanctions Tuesday against Russia after President Vladimir Putin ordered troops into two separatist pro-Moscow regions in eastern Ukraine after recognizing their independence on Monday.