More ship contracts being negotiated

PASCAGOULA, Miss. - Huntington Ingalls Industries CEO Mike Petters told Jackson County leaders today that Friday's $1.5 billion ship contract is just the first of five the company is negotiating with the Navy over the next two years. HII separated from Northrop Grumman March 31 and now trades on the New York Stock Exchange. (Source: Sun Herald, 04/05/11)