Huntington Ingalls Lands $9.5 Billion in New Navy Warship Orders

Huntington Ingalls just landed contracts worth nearly a year's worth of revenue in a single day. One for you, two for me. $6.75 billion for you ...$9.5 billion for me. For the longest time, the U.S. Navy has been dependent upon just two large military shipbuilders to build the bulk of its fleet: General Dynamics (GD 0.35%) and Huntington Ingalls (HII 0.33%). Essentially every submarine and destroyer in active service in the Navy today came from one of these companies. Beyond those two classes, General Dyna ...