Announced
Synopsis
Huntington Ingalls, a ships and all-domain defense solutions provider, agreed to acquire W International, a large complex metal fabrications manufacturer. Financial terms were not disclosed. “HII is committed to increasing build rates for our Navy customer, and this investment in capacity alongside the Navy will help us do that. It lets us efficiently add trained talent and state-of-the-art manufacturing capabilities to the urgent job of building ships, making it a unique opportunity to accelerate throughput at Newport News Shipbuilding in support of the Navy and AUKUS,” Chris Kastner, Huntington Ingalls President and CEO.
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