The Latest Breaking News from Huntington Ingalls

S&P 500 stocks suffered their second monthly drop this year in March. But daring investors are still finding ways to make money.

Citi says it's time to buy defense stocks. One name soars to lead the S&P 500. AeroVironment tumbles on earnings, outlook.

Huntington Ingalls Industries has outperformed the broader market over the past year however, analysts remain cautious about the stock’s prospects.

Huntington Ingalls is expected to release its second-quarter earnings next month, and analysts anticipate a high-single-digit earnings growth.

As year end approaches, we’ve seen a major change in the geopolitical conflict picture as larger scale confrontations draw out, and new confrontations involve larger, and more, players than over the past few decades. This uptick in real and potential nation state conflicts means the weapons of war and defense…

WASHINGTON — The Pentagon’s $170 billion procurement request for the new fiscal year focuses on replacing munitions supplied to Ukraine as well as well as weapons like long-range missiles, which would be necessary in a conflict with China, according to an internal budget document.

Huntington Ingalls Industries Inc (NYSE:HII) reported a fourth-quarter revenue decline of 2.9% year-over-year to $2.68 billion, beating the consensus of $2.66 billion. EPS was $2.99, beating the consensus of $2.97. Pension Adjusted EPS was $2.84. The operating income declined 60.7% Y/Y to $120 million, and the margin contracted by 658 bps to 4.5%.…