Huntington Ingalls Secures $273M US Navy Aircraft Carrier And Surface Ship Maintenance Contract

Huntington Ingalls Industries Inc's (NYSE:HII) Technical Solutions division has secured a five-year contract with a total value of $273 million.
Huntington Ingalls will support the U.S. Navy's carrier engineering maintenance assist team, surface engineering maintenance assist team for west coast surface ships, and other maintenance and material readiness programs.
Work performed on the contract will support maintenance and planning for overhauling and repairing equipment and systems.
Work will be performed within the U.S. and internationally during operational deployments.
Price Action: HII shares closed higher by 0.89% at $206.95 on Tuesday.