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Stock impact report

After effectively killing a frigate program, the Navy is now pushing a new American-made 'Golden Fleet' frigate [Business Insider]

Huntington Ingalls Industries, Inc. (HII) 
Last huntington ingalls industries, inc. earnings: 2/13 07:15 am Check Earnings Report
US:NYSE Investor Relations: ir.huntingtoningalls.com
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in The Navy will build a new "Golden Fleet" frigate class based on the Coast Guard's Legend-class cutter. Top shipbuilder HII will build the first vessel, expected to launch in 2028. The Navy canceled the Constellation-class frigate program last month amid rising costs and hang-ups. Following the cancellation of its last frigate program, the US Navy announced Friday that it is pursuing a new frigate based on an American-made design for President Donald Trump's Golden Fleet plan. The decision by Navy Secretary John Phelan comes just weeks after the service canceled all future orders for the Constellation-class frigate, a project which was over-budget and delayed due to volatile design changes. In a video message on Friday, Phelan said the new frigate, based on the Huntington Ingalls Industries (HII) Legends-class national security cutter desi Show less Read more
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