Morning Briefing - November 04, 2024
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November 03, 2024

HII’s third quarter earnings tumble on delays in submarine awards

By ExchangeMonitor

Huntington Ingalls Industries’ strong momentum in 2024 came to a halt in the third quarter due to challenges in shipbuilding and notably delays in an award from the Navy for submarine work.
Net income in the quarter slid 32% to $101 million, or $2.56 earnings…

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