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Stock Market & Financial Investment News

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May 19, 2014
11:56 EDTHIIHuntington Ingalls to acquire UniversalPegasus International
UniversalPegasus International has entered into an agreement under which it will be acquired by Huntington Ingalls Industries, subject to the satisfaction of certain customary closing conditions. HII designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides aftermarket services for military ships around the globe and also provides a wide variety of products and services for the commercial energy industry and other government customers, including the Department of Energy. The transaction is expected to close in June.
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