Huntington Ingalls to Invest in Alion Science and Engineering in $1.65B Offer

The ninth Ingalls-created U.S. Coastline Guard National Security Cutter, Stone (WMSL 758), underneath construction in September 2019. HII photo

Shipbuilder Huntington Ingalls Industries is established to obtain protection products and services company Alion Science and Technologies for $1.65 billion, HII officers claimed on Tuesday.

The acquisition of the McLean, Va.-centered Alion adds to other current HII purchases the organization mentioned will better situation its shipbuilding business enterprise to form its platforms for a potential U.S. armed forces that will count much more on rising technologies like unmanned units, CEO Mike Petters reported in a get in touch with with traders

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