This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

PHOTO RELEASE -- Adm. Papp, U.S. Rep. Palazzo Praise National Security Program At Christening Of Hamilton (WMSL 753)

Stocks in this article: HII

NSCs are 418 feet long with a 54-foot beam and displace 4,500 tons with a full load. They have a top speed of 28 knots, a range of 12,000 miles, an endurance of 60 days and a crew of 110.

"In the past decade, we've added to our 75-year legacy by building the most capable Coast Guard cutters in the world for the most capable Coast Guard in the world," said Ingalls Shipbuilding President Irwin F. Edenzon. "We understand these great ships must be affordable. And the Coast Guard's management of the NSC program has helped. Stable funding, timely contract negotiations and a disciplined appetite for change allow us to get learning from ship to ship. It gives both us and the Coast Guard the best opportunity to achieve our mutual objective: to keep building NSCs at an affordable price so we can build more NSCs. And not only do our shipbuilders know that the ships we build have to be affordable, they know who serves in them: Coast Guard men and women, sailors and Marines who are our friends, our neighbors, our sons, daughters, nieces and nephews—America's heroes."

U.S. Rep. Steven Palazzo (R-Miss.) also took part in the ceremony. "Huntington Ingalls is more than a business, it is a family," he said. "A family 75 years old with a firm legacy and a robust future. As south Mississippians, shipbuilding is a part of our family and will remain the cornerstone of our community and the strength of our country.

"Whether it is drug interdiction, counterterrorism or our Homeland Security missions, this ship will be one of the greatest tools in our nation's tool kit for the protection of our homeland and the safety of our citizens," Palazzo added. "Simply put, these ships are essential in maintaining the safety and security of our nation, and most of all, these ships are responsible for returning the men and women of the Coast Guard safely to their families, a mission that none of us take lightly."

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs