Huntington Ingalls CFO: 'There's no doubt' DOD will need additional funding for delayed programs

By Marjorie Censer / May 22, 2020 at 5:00 AM
As Congress debates whether the Pentagon needs more money to cope with the coronavirus outbreak, Huntington Ingalls Industries' chief financial officer said the Defense Department will certainly need additional funding to cover the increased costs of delayed programs -- even if it opts not to help contractors. In an interview with Inside Defense Wednesday, Chris Kastner said HII is in the process of evaluating the delays to its program schedules. The company has seen employee attendance at 70% to...

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