The U.S. Navy's efforts to build a fleet of unmanned vessels are faltering because the Pentagon remains wedded to big shipbuilding projects, according to some officials and company executives, exposing a weakness as sea drones reshape naval warfare. The lethal effectiveness of sea drones has been demonstrated in the Black Sea where Ukraine has deployed remote-controlled speed boats packed with explosives to sink Russian frigates and minesweepers since late 2022.
It's been a mediocre week for Huntington Ingalls Industries, Inc. ( NYSE:HII ) shareholders, with the stock dropping...
Huntington Ingalls Industries, Inc. (NYSE:HII) Q1 2024 Earnings Call Transcript May 2, 2024 Huntington Ingalls Industries, Inc. beats earnings expectations. Reported EPS is $3.87, expectations were $3.53. Huntington Ingalls Industries, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies […]