Huntington Ingalls reports revenue, profit boosts

Huntington Ingalls announced Thursday that sales in its most recent quarter hit $1.8 billion, up nearly 5 percent from the same period a year earlier.

Profit grew by almost 16 percent to reach $111 million.

The contractor attributed the profit boost to higher performance at Ingalls on the LHA-6 America-class and the LPD-17 San Antonio-class programs.