Huntington Gains with US Navy Warship Contract

23 days ago

Christine Kino

"Let's take a look at Huntington, which is a ship builder. So, ticker HII currently shares up just a little bit, 0.2%, but yesterday was really the big rally. They were up more than 5% and it is enjoying a fourth straight day of gains all because of announcements from the US Navy. So, the Navy saying that it plans to build a new class of warship as part of President Donald Trump's Golden Fleet bid to revive US ship building. And so, Navy Secretary John Felen announcing the plan and they will aim to have the first boat ready by 2028. Guess which company is building it? Huntington. And the ship apparently will be based on Huntington's Legendass Cutter."

Christine Kino describes a notable rally in Huntington (HII) shares driven by a US Navy announcement to build a new class of warship, with the first vessel expected by 2028. This development underscores Huntington's role in benefiting from revived US shipbuilding efforts.

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