Huntington Ingalls Bags $1.3B Contract To Support US Africa Command's Life-Saving Operations

Huntington Ingalls Industries Inc HII Mission Technologies division has secured the $1.3 billion U.S. Africa Command (USAFRICOM) Personnel Recovery Enterprise Services and Solutions (PRESS) task order.
The task order has a one-year base period with six one-year options.
HII will provide a large-scale, lifesaving network of medical, rotary, and fixed-wing solutions to support the USAFRICOM's Warfighter Recovery Network.
"This award recognizes our significant CASEVAC experience operating in Africa with our medical and platform providers, as well as our expertise in managing complex and dynamic systems in austere environments," commented Garry Schwartz, president of HII's Mission Technologies C5ISR business group.
Price Action: HII shares closed higher by 1.72% at $209.68 on Monday.