HII earnings call for the period ending March 31, 2019.
News & Analysis: Huntington Ingalls Industries
A detailed look at the Navy's construction plans highlights the need for a bigger fleet as well as the obstacles to getting there.
There are very different reasons to keep an eye on these diverse defense stocks right now.
The Navy's shifting carrier strategy could spark congressional battles and lead to uncertainty for shipbuilders.
The White House's plan to boost defense spending is unlikely to go over well with Congress, but a compromise is still possible.
A contract to construct the next USS Enterprise aircraft carrier will help swell the military shipbuilder's backlog.
A strong order book provides reason to be hopeful.
HII earnings call for the period ending December 31, 2018.
The Defense Department has released an ambitious plan to increase missile defense spending. The details are scarce, but a handful of companies are well positioned to win big over time.
Not all of this will go to the Navy, but perhaps enough to make General Dynamics and Huntington Ingalls stocks worth a look.