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HII Secures Electromagnetic Spectrum Contract Worth $44M

Huntington Ingalls Industries Inc’s (NYSE:HII) division Mission Technologies has been awarded a task order to provide spectrum assessments across technical,…
byAkanksha Bakshi
July 25, 2022
1 minute read
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  • Huntington Ingalls Industries Inc’s (NYSE:HII) division Mission Technologies has been awarded a task order to provide spectrum assessments across technical, policy, and strategy areas for the Department of Defense Chief Information Officer.
  • This five-year contract was a recompete win for HII and will have a value of $44 million if all years are exercised.
  • HII was awarded this contract under the Department of Defense Information Analysis Center’s multiple-award contract awarded by the U.S. Air Force’s 774th Enterprise Sourcing Squadron.
  • HII will support the Chief Information Officer’s Electromagnetic Spectrum Enterprise, Policy, and Programs and advance the electromagnetic spectrum enterprise and management operations.
  • Price Action: HII shares are trading higher by 0.74% at $210.27 on the last check Monday.
 
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