
“Disappointing Earnings for Huntington Ingalls in Q4: Shares Drop as Aerospace and Defense Giant Falls Short of Expectations”
Military Shipbuilder Huntington Ingalls Misses Fourth-Quarter Estimates Military shipbuilder Huntington Ingalls reported lower-than-expected revenue and profit for the fourth quarter, citing lower performance at its Newport News shipbuilding facility. This news has led to an 11% drop in the company’s shares during pre-market trading. Impact on the Company The disappointing financial results for the fourth…