The head of Huntington Ingalls Industries, recently spun off from Northrop Grumman as an independent shipbuilding company, said today he is skeptical about pursuing new classes of ships and plans to keep a flat revenue stream for at least the next five years, though HII may pursue the TAO(X) tanker. Michael Petters, the former president of Northrop Grumman Shipbuilding and now president and chief executive officer of HII, said at a National Press Club event that over the next two...
