Moody's: Huntington unchanged

Moody's Investors Service said Huntington Ingalls Industries, Inc.'s Ba2 corporate family rating, Baa3 senior secured bank facility and Ba3 senior unsecured notes are currently unaffected by disclosure of a False Claims Act complaint against Northrop Grumman Corp.'s shipbuilding business, which is being spun off to form Huntington Ingalls.

The development is potentially negative; however, the spinoff has not yet occurred and the company has not yet issued any debt securities, Moody's added.

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