Hints and tips:
...Huntington Ingalls Industries, which owns Newport News, GD’s partner on submarines, will also benefit....
...The $43m is what remains of a trust account held by BNY Mellon on behalf of Ingalls Shipbuilding of Pascagoula, Mississippi, which has been in dispute with Venezuela’s defence ministry for two decades over...
...Among the items that look likely to survive relatively unscathed are programmes to build nuclear-powered aircraft carriers at Huntington Ingalls’ Newport News Shipbuilding yard in Virginia, Boeing’s KC46A...
...About 10 miles south of the long line of aircraft carriers along Newport News Shipbuilding’s piers sits another flat-topped US warship....
...For naval shipbuilding, each procurement budget can be spent over as long as five years....
...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....
...Sales slipped 3 per cent to $8.6bn and Northrop said revenues would be flat in 2011, excluding shipbuilding....
International Edition