Virginia-class submarine Montana (SSN 794). Work on Virginia-class subs contributed to sales and earnings increases at HII in the second quarter. Photo: HII
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Huntington Ingalls Industries [HII] on Thursday posted strong top and bottom-line results in its second quarter driven primarily by its shipbuilding operations despite pension headwinds.
Net income was up 146 percent to $129 million, $3.20 earnings per share…