Petters: Camber buy expands Huntington Ingalls' access to 'growth side' of DOD budget

By Marjorie Censer / December 5, 2016 at 2:05 PM
SIMI VALLEY, CA -- Huntington Ingalls late last week closed its acquisition of services contractor Camber , marking the finalization of a deal the shipbuilder’s chief executive says is "transformative" for the company. Speaking on the sidelines of the Reagan National Defense Forum here, Mike Petters said the company has typically found the shipbuilding budget to be relatively flat, while services work can see greater growth. The deal is "in some ways transformative for the company because it expands our...

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