Fitch affirms Huntington Ingalls Industries

Fitch Ratings said it affirmed Huntington Ingalls Industries, Inc.'s issuer default rating and senior unsecured debt ratings at BB.

Fitch added that it has also affirmed HII's senior secured facilities at BBB-.

The outlook is stable.

The agency said that Huntington Ingalls' ratings are supported by a solid liquidity position, positive free cash flow, the high level of current Department of Defense spending and the company's position in the current defense spending environment.

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