Huntington Ingalls Industries (HII) Stock Hits Record High on Navy FF(X) Frigate Move: Today’s News, Analyst Forecasts, and What’s Next
Huntington Ingalls Industries shares rose 5% to a record $353.52 after the U.S. Navy selected its Legend-class National Security Cutter design as the basis for a new FF(X) frigate program. The Navy aims to have the first ship in the water by 2028, emphasizing speed and scalability in production.