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Business/Financial

Ship Repair Company Titan Acquisition Acquires Huntington Ingalls’ San Diego Yard

By Cal Biesecker

Wednesday, February 12th, 2020

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Ship Repair Company Titan Acquisition Acquires Huntington Ingalls’ San Diego Yard

Jim Marcotuli, president and CEO of Titan Acquisition Holdings. Photo: Titan

Titan Acquisition Holdings, which was formed last year through the acquisition of two ship repair companies, on Wednesday said it has agreed to acquire a majority interest in Huntington Ingalls Industries’ [HII] the San Diego-based ship repair facilities, expanding the company’s footprint to another major Navy port. Terms of the deal, which is expected to close in the second quarter, were not disclosed. Titan was created through the acquisition of MHI Holdings and Vigor Industrial by The Carlyle Group and…

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