HII News 96.15 05/19/2014 05:04:55 Huntington Ingalls Industries

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Huntington Ingalls Industries to Acquire UniversalPegasus International
GlobeNewswire - Fri May 16, 6:30AM CDT
Huntington Ingalls Industries (NYSE:HII) announced today that it has entered into an agreement to acquire UniversalPegasus International Holdings (UPI), a leading provider of engineering and project management services to the domestic and international energy markets. The transaction is subject to Hart-Scott-Rodino review and customary closing conditions and is expected to close in June. The value of the transaction is not being disclosed. UPI is a privately held company headquartered in Houston, Texas.

Thursday's Top Upgrades (and Downgrades)
Rich Smith, The Motley Fool - Motley Fool - Thu May 15, 11:49AM CDT
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature downgrades for aerospace and defense firms B/E Aerospace and Huntington...

Will This Analyst Downgrade Hurt Huntington Ingalls (HII) Stock Today? (Update)
at The Street - Thu May 15, 8:23AM CDT
Bank of America/Merrill Lynch downgraded Huntington Ingalls (HII) to "neutral" from "buy" and set a $106 price target. The firm cited valuation, as the stock is up 11% year-to-date.

PHOTO RELEASE--Newport News Shipbuilding Dedicates 12th Habitat for Humanity Home
GlobeNewswire - Wed May 14, 2:15PM CDT
Huntington Ingalls Industries' (NYSE:HII) Newport News Shipbuilding division joined elected officials and business and community leaders Tuesday to dedicate the 12 home shipyard volunteers have constructed in partnership with Habitat for Humanity Peninsula and Greater Williamsburg.

Pentagon Awards $876.5 Million in Defense Contracts
Rich Smith, The Motley Fool - Motley Fool - Wed May 14, 9:30AM CDT
The Department of Defense awarded 14 defense contracts in its Tuesday evening announcement of contract awards. The total value of contracts awarded was $876.5 million. Among the publicly traded defense companies winning contracts: Henry...

The Navy's Next Warship Could Give One Lucky Company a $50 Billion Bonanza
Rich Smith, The Motley Fool - Motley Fool - Sun May 11, 10:55AM CDT
Lockheed Martin's Littoral Combat Ship -- bigger than a bread box, but still not big enough? Photo: Wikimedia Commons . The U.S. Navy needs a new warship. Maybe it doesn't need more warships. But  the way the Navy has been spending its money...

Will U.S. Defense Contractors Miss Out on This $200 Billion Weapons-Buying Bonanza?
Rich Smith, The Motley Fool - Motley Fool - Sun May 11, 9:30AM CDT
China's first aircraft carrier, the Liaoning (PLAN CV-16). Source: Screen grab from Google Earth. China has an aircraft carrier -- and it's making the neighbors nervous. In fact, if news reports are to be believed, China may soon have two,...

Huntington Ingalls Industries Reports First Quarter Results
GlobeNewswire - Thu May 08, 6:15AM CDT
-- Revenues were $1.59 billion for the first quarter of 2014

VIDEO RELEASE--Ingalls Shipbuilding Launches Fifth U.S. Coast Guard National Security Cutter
GlobeNewswire - Tue May 06, 3:25PM CDT
Huntington Ingalls Industries' (NYSE:HII) Ingalls Shipbuilding division launched the U.S. Coast Guard National Security Cutter James (WMSL 754) on Saturday. James is the company's fifth NSC and is expected to deliver in 2015.

What's Your Stock's Price Target? - Screen of the Week
Kevin Matras - Zacks Investment Research - Tue May 06, 3:15AM CDT
What's Your Stock's Price Target? - Screen of the Week

Textron Tucks in TUG Technologies - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 05, 4:20PM CDT
Textron Inc. (TXT), through its Augusta, GA based unit E-Z-GO, took over TUG Technologies Corp., from Jacobson Partners, a private-equity firm based in New York.

General Dynamics Wins Record-Breaking $17.6 Billion for 10 New Attack Submarines
Katie Spence, The Motley Fool - Motley Fool - Sat May 03, 9:01AM CDT
The Virginia-class attack submarine Pre-Commissioning Unit (PCU) North Dakota (SSN 784) is rolled out of an indoor shipyard facility at General Dynamics Electric Boat in Groton, Conn. North Dakota is scheduled to be christened Nov. 2. Photo: U.S....

Textron Misses Earnings on Lower Volume - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 01, 1:59PM CDT
Textron Inc. (TXT) reported first quarter 2014 earnings from continuing operations of 31 cents per share, missing the Zacks Consensus Estimate and lower than the year-ago number of 40 cents by 22.5%.

Huntington Ingalls Industries Declares Quarterly Dividend
GlobeNewswire - Thu May 01, 9:40AM CDT
Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, payable on June 13, 2014, to shareholders of record as of the close of business on May 30, 2014.

PHOTO RELEASE -- Newport News Shipbuilding Installs New Upper Level Structure on USS Abraham Lincoln (CVN 72)
GlobeNewswire - Wed Apr 30, 2:00PM CDT
Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division recently placed a new upper-level structure on top of USS Abraham Lincoln's (CVN 72) island, which is similar to an airport control tower. The aircraft carrier is undergoing its refueling and complex overhaul (RCOH), during which the shipyard refuels the ship's reactors, paints the ship's hull, modernizes systems and performs a complete recapitalization of the entire ship.

The Zacks Analyst Blog Highlights: Twitter, Facebook, General Dynamics, Huntington Ingalls and Lockheed Martin
PR Newswire - Wed Apr 30, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Twitter (NYSE:TWTR-Free Report), Facebook (Nasdaq:FB-Free Report), General Dynamics Corporation (NYSE:GD-Free Report), Huntington Ingalls Industries (NYSE:HII-Free Report) and Lockheed Martin Corp. (NYSE:LMT-Free Report).

General Dynamics to Build Navy Subs for $17.6B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 29, 4:54PM CDT
General Dynamics (GD) received a $17.6 billion contract from the U.S. Navy to build 10 Virginia class submarines.

General Dynamics Tapped to Build 10 New Nuke Subs for Navy
Rich Smith, The Motley Fool - Motley Fool - Tue Apr 29, 10:16AM CDT
The Department of Defense awarded only eight defense contracts in its Monday evening announcement of contract awards, but one of them was a doozy. The total value of contracts awarded was $17.86 billion. The value of the single contract won by ...

PHOTO RELEASE-- Huntington Ingalls Industries Appoints Jonathan Padfield as Corporate Director of Customer Affairs for Amphibious Programs
GlobeNewswire - Tue Apr 29, 10:15AM CDT
Huntington Ingalls Industries (NYSE:HII) announced today that Capt. Jonathan Padfield (U.S. Navy, Ret.) has joined the company as corporate director of customer affairs for amphibious programs. Padfield, whose last assignment for the Navy was commanding officer, Assault Craft Unit Five, began his new position on Monday.
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