HII’s (NYSE:HII) Ingalls Shipbuilding division has been awarded a $99 million contract modification from the U.S. Navy to conduct sea trials for the Zumwalt-class destroyer Lyndon B. Johnson (DDG 1002). The ship arrived at Ingalls in January 2022 to complete the installation, activation and testing of the combat systems.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.