Home Stocks This shipbuilder’s stock soars to a fresh record as company wins contract to produce a new type of Navy frigate

This shipbuilder’s stock soars to a fresh record as company wins contract to produce a new type of Navy frigate

by Deidre Salcido
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Shares of military shipbuilder Huntington Ingalls Industries were up sharply Monday, building on Friday’s surge that came after the U.S. Navy announced it had selected the company to design and build a new class of small warship.

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