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In a bid to increase capacity and in turn begin to accelerate the production of submarines for the Navy, HII [HII] has agreed to acquire the assets of W International, a 500-employee strong metal fabricator that already supports the submarine industrial base with structures, modules, and assemblies. The deal for the South Carolina-based company is expected to close in December and begin showing positive results in early 2025 toward increasing submarine production throughput, Jennifer Boykin, president of HII’s Virginia-based Newport…
