HII’s Ingalls Shipbuilding division received a $99 million contract modification from the U.S. Navy to conduct sea trials for the Zumwalt-class destroyer Lyndon B. Johnson (DDG 1002). The ship, which arrived at Ingalls in January 2022, is undergoing installation, activation, and testing of combat systems along with modernization upgrades including the Conventional Prompt Strike weapon system. This contract reflects the Navy's confidence in Ingalls to prepare the ship for future fleet operations, enhancing its advanced warfighting capabilities and stealth design.
Huntington Ingalls Industries (HII) trades at USD 268.31 on Pluang as of Oct 19, 2026 21:41 WIB, down 1.36% in the last day. The company’s market cap stands at $10.72 billion, reflecting its significant industrial presence. This contract modification news aligns with HII’s ongoing role in advanced naval shipbuilding, a key part of its business profile.
