doubled Navy budget lifts contract pipeline
I view HII as positioned to benefit from the proposed Navy ramp — a more-than-double shipbuilding budget to $65.8B should meaningfully grow Huntington Ingalls' contract pipeline and near-term revenue visibility.
A shipbuilding budget increase to $65.8B should substantially grow Huntington Ingalls' amphibious warship contract pipeline and improve near-term revenue visibility under the proposed defense spending ramp.
Publish-day $403.37 · 04/09
"“Defense Contractors NEED War” - Trump Pushes $1.5T Military Budget"