Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Huntington Ingalls Is Sinking Today

TheMotleyFool

0 0

Military shipbuilder Huntington Ingalls (NYSE: HII) missed quarterly expectations, and its issues are likely to continue into the new year.

Shares of Huntington Ingalls traded down 17% as of 11:15 a.m. ET, as investors see little reason to get excited about the stock right now.

Huntington Ingalls is one of two major shipbuilders for the military, and its massive Newport News, Virginia, shipyard is responsible for producing the nation's aircraft carriers and other important vessels. But these ships are complex, and issues related to supply chain disruptions and higher-than-expected costs at Newport News weighed down quarterly results.

Source Fool.com

Like: 0

HII

Share