HII: Unmanned contract awards delayed until next year

By Audrey Decker / November 4, 2021 at 2:48 PM
Contract awards for "critical" unmanned programs will likely be delayed until next year, according to a senior Huntington Ingalls Industries executive. "Delays in contract awards in our unmanned business for critical new programs remains a watch item. We are expecting this to be resolved by the end of this year, but it appears that these awards are not likely until early to mid-2022," said HII Chief Operating Officer Chris Kastner during the company's earnings call today. Two programs HII builds...

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