An article in the April 4 issue of Defense Daily incorrectly stared that anticipated first year earnings for new shipbuilding firm Huntington Ingalls Industries [HII] were expected to reach $23 billion. Initial revenue estimates state that the company was slated to take in $6.5 billion in the first year. The company is already under contract for $17 billion in Navy shipbuilding work, but those dollars would not be included in HII’s initial earning statement.