HII (NYSE: HII) reports that it has closed on its acquisition of an advanced manufacturing facility and assets and begun work at what is now its Newport News Shipbuilding (NNS) — Charleston Operations site in South Carolina.
“HII is committed to going where the labor is to increase shipbuilding capacity and increase throughput for our national security customers,” HII President and CEO Chris Kastner said. “This lets us efficiently add trained talent and...