HII Awarded Subcontract From The Shaw Group for Fabrication Work
Huntington Ingalls Industries (NYSE: HII) announced today that its Newport News Industrial Corp. (NNI) subsidiary has been awarded four subcontracts by The Shaw Group for fabrication work in the construction of four commercial nuclear power units.
"These awards represent a significant achievement for our company as we look to continue expanding into the commercial energy industry," said Matt Mulherin, president of Newport News Shipbuilding, which oversees NNI operations. "We appreciate Shaw's confidence in NNI and look forward to a productive partnership."
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.