HII

Huntington Ingalls Industries (HII) secured a $56 million U.S. Navy contract for submarine design and engineering support under the AUKUS partnership, with potential to reach $91 million. The contract leverages HII's nuclear shipbuilding expertise to support submarine design, technology integration, and supply-chain development among the United States, United Kingdom, and Australia. HII's stock trades at a discount relative to its industry peers, and analyst estimates for 2026-2027 earnings have improved.

The article identifies five stocks trading below their book value with strong growth prospects: Banco Macro (26.6% projected EPS growth), Avnet (31.3%), EnerSys (15.0%), General Motors (13.3%), and Huntington Ingalls Industries (14.4%). All five stocks have Value Scores of A or B and Zacks Ranks of #1 or #2, suggesting they are undervalued with upside potential.

USS Harry S. Truman (CVN 75) arrived at HII's Newport News Shipbuilding on September 30, 2026, to begin its refueling and complex overhaul (RCOH). The project represents a major mid-life maintenance and modernization effort for the eighth Nimitz-class carrier to undergo this availability. HII was awarded a $5.1 billion contract to execute the work, which includes hull repairs, propeller maintenance, and nuclear refueling.