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HD Hyundai, Huntington Ingalls to partner on U.S. Navy support ships (HII:NYSE)

US Naval Ship Benavidez docked at Lamberts Point in Norfolk Virginia

Kyle Little/iStock Editorial via Getty Images

South Korea’s HD Hyundai Heavy Industries and U.S. defense contractor Huntington Ingalls Industries (NYSE:HII) signed an agreement to collaborate on building auxiliary vessels for the U.S. Navy, the Korean company said Sunday.

The memorandum of agreement was signed in Gyeongju, South

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