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0 0 5.44188071398527E-05 0.000299303439268648 0.00130605137135399 0.00136047017849369 0.00136047017849369 0.0176316935132782
Stock impact report

Drone ship builder Saronic valuation more than doubles to $9 billion after funding round [Yahoo! Finance Canada]

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
doubling the value ?of the autonomous shipbuilding startup to $9.25 billion, as investor appetite ?for defense technology companies continues to surge. The value of defense tech firms has shot higher in ?the last year as the administration of President Donald Trump promises to shift funding their way in hopes of getting the most sophisticated technology to warfighters at a lower cost and in a fraction of the time it takes ?the biggest contractors to ?deliver similar products. Saronic raised $600 million in February 2025 at a $4 billion valuation, and Pentagon darling Anduril Industries, a drone and ?software maker, hopes to double its valuation to $60 billion when its latest round closes. In comparison, Huntington Ingalls, the U.S. military's biggest shipbuilder, is currently valued at $15 billion ?and ?employs 44,000 workers. In December, the Navy announced ?Saronic's $392 million production contract for ?its 24-foot (7.3 m) Corsair vessel, which the company's Austin facility Show less Read more
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