Investing.com • Timothy Fries Huntington Ingalls Rerates Higher as Navy Contract Strengthens Long-Term Backlog
12/23/2025 10:43 AM • Huntington Ingalls Industries (HII) stock surged following the U.S. Navy's selection of the company to design and build a new class of small warships (FF(X) frigates) based on its Legend-Class design. The stock gained 4.74% in premarket trading on December 23, 2025, continuing momentum from a 5.01% jump on Monday. The announcement is part of President Trump's 'Golden Fleet' initiative, which also includes plans for new large 'Trump-class' warships. HII has gained 87.1% year-to-date, significantly outperforming the S&P 500.
HII - The company secured a major Navy contract to design and build a new frigate class, strengthening its long-term backlog. Stock gained 4.74% in premarket trading and 87.1% year-to-date. The company is well-positioned to compete for additional contracts under the new administration's ambitious shipbuilding agenda. Analyst coverage is positive with Citigroup initiating a 'Buy' rating.