Huntington Ingalls Industries is entering the Navy's guided-missile frigate replacement program competition and may offer a variant of its National Security Cutter, according to the chief executive. HII Chief Executive Officer Mike Petters told Wall Street analysts during an Aug. 3 quarterly earnings call that the company participated in the Navy's July 25 FFG(X) industry day. The National Security Cutter could be a "good small frigate" and the company has experience fielding ships quickly. "We have a fighter's chance," Petters...
