TOKYO, May 12, 2022--Mitsubishi Heavy Industries (MHI, TOKYO Code: 7011) announced that order intake rose 21.9% year-over-year to ÂĄ4,067.7 billion in the period ended March 31, 2022. Revenue rose 4.3% to ÂĄ3,860.2 billion year-over-year, resulting in business profit1 of ÂĄ160.2 billion, a 196.3% increase from the previous fiscal year, which represents a profit margin of 4.2%. Net profit was ÂĄ113.5 billion, an increase of 179.4% year-over-year, with a profit margin of 2.9%. ROE was 7.7%, an increas
Huntington Ingalls (HII) is going to exercise options for the accomplishment of follow yard services for the DDG 51 Class destroyer program.
General Dynamics (GD) is set to perform planning and execution efforts for supporting the Virginia Class Submarine Program.