COVID Stimulus Watch Individual Entry
Recipient Company:
Huntington Ingalls Industries Inc
Loan or Loan Guarantee Amount:
$1,106,952
Recipient Details
Ownership Structure: publicly traded (ticker symbol HII)
Award Details
Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Huntington Ingalls Industries
Headquartered in: Virginia
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Accountability Issues Since 2010
Employment-related Penalties: $3,794,050
Government-contracting-related Penalties: $9,200,000
Environmental / Healthcare / Safety Penalties: $482,690
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Total Federal, State, and Local Subsidies: $218,211,248
Federal Corporate Income Tax Rate: 13.1%
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