Hints and tips:
...Huntington Ingalls Industries, which owns Newport News, GD’s partner on submarines, will also benefit....
...In 2011, it spun off its shipbuilding division as Huntington Ingalls Industries and the company said it had also cut back on volumes in its underperforming and non-core units....
...Northrop completed the spin-off of its shipbuilding unit Huntington Ingalls Industries in the quarter, which helped earnings due to the $1.4bn received by Northrop as a result of the move....
...In 2009 Northrop Grumman sold its consulting unit to two private equity companies for about $1.7bn in cash and earlier this year it spun off its shipbuilding business to shareholders as Huntington Ingalls...
...Stockholders will receive one share in the new company, Huntington Ingalls Industries, for every six Northrop shares they own....
...The company has already registered a “spinco” under the name Huntington Ingalls Industries, with the stock ticker, HII, although discussions with the Navy continue and a final move requires board approval...
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