Newport News Shipbuilding
Newport News Shipbuilding was notified by the Department of Defense (DOD) of its decision to recommend to the Department of Justice (DOJ) approval of the Northrop Grumman offer to acquire Newport News Shipbuilding and its decision to recommend not approving the merger agreement between Newport News Shipbuilding and General Dynamics. Newport News Shipbuilding was also notified that the DOJ has commenced legal proceedings to prevent the proposed merger between NNS and GD. Newport News Shipbuilding began discussions with Northrop Grumman three weeks ago to determine whether a mutually acceptable transaction between the two companies can be negotiated. Any agreement reached between Newport News Shipbuilding and Northrop Grumman would require the approval of the Newport News Shipbuilding Board of Directors.
Northrop Grumman Corporation and Newport News Shipbuilding Inc. announced today that they have signed a definitive agreement under which Northrop Grumman will acquire Newport News Shipbuilding. The boards of directors of both companies approved the terms of the transaction in which Northrop Grumman will acquire all the outstanding shares of Newport News. In an exchange offer, Newport News Shipbuilding's shareholders may elect to receive either $67
General Dynamics extended its pending tender offer for all outstanding shares of common stock (including associated rights) of Newport News Shipbuilding Inc. to midnight, EDT, on July 6, 2001. The offer was previously scheduled to expire at midnight, EDT, on June 22, 2001. As of midnight, EDT, on June 22, 2001, approximately 20,248,926 shares (including guaranteed delivery) of Newport News had been tendered. While the number of shares tendered exceeds the
The United States has filed suit against Newport News Shipbuilding Inc. alleging that the company knowingly mischarged the U.S. Navy on costs it incurred for work under commercial contracts from 1994 to 1999, the Justice Department announced today. The lawsuit alleges that the Newport News, Virginia-based company charged the Navy for independent research and development (IR&D) costs for double-hulled tankers that Newport News was building for commercial customers under existing contracts
Northrop Grumman Corporation announced today the completion of its tender offer for all of the outstanding shares of Newport News Shipbuilding Inc., creating the world's largest naval shipbuilder. The tender offer expired at midnight E.S.T. on November 29, 2001. All shares validly tendered have been accepted for exchange. The exchange agent for the offer has advised Northrop Grumman that a total of approximately 26,469,213 shares were tendered in the offer, including approximately 14
Newport News Shipbuilding hosts city-wide 'Egg Drop Engineering Competition' Huntington Ingalls Industries' Newport News Shipbuilding division partnered with Newport News Public Schools to host the first Egg Drop Engineering Competition for middle and high school students. The event was sponsored by the NNS Career Pathways program. "Newport News Shipbuilding is delighted to collaborate with Newport News Public Schools to host this competition," said Jennifer McClain
Newport News Shipbuilding and Dry Dock Co., Newport News Va., is being awarded a $5.6m cost-plus-fixed-fee, level of effort contract for planning and design yard functions for standard Navy valves in support of nuclear powered submarines. Work will be performed in Newport News, Va., and is expected to be completed by September 2007. The contract, worth $5.6m, will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity
Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division has partnered with The Mariners' Museum to share the shipyard's history through a collection of 51 photographs. The exhibit, named "Always Good Ships," will be open to the public Aug. 6 through Oct. 31. "We are excited to partner with The Mariners' Museum to recognize our shipbuilders and the important role they play in our community and in the security of our nation
Newport News Shipbuilding employees donate food for the poor at Christmas, filling offices from desk to door. Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division donated more than $23,500 and more than 31,000 pounds of non-perishable food to the Virginia Peninsula Foodbank during the shipyard's annual holiday food drive. "We are fortunate to employ an extraordinary group of people at Newport News Shipbuilding," said Chavis Harris, NNS' director, EEO
Huntington Ingalls Industries (HII) hosts U.S. Senators Dick Durbin and Tim Kaine at Newport News Shipbuilding for a tour and discussion on the complexities of shipbuilding. HII President and CEO Mike Petters accompanied the senators on the shipyard tour, which included visits in aircraft carrier and submarine construction facilities and a tour of aircraft carrier Gerald R. Ford (CVN 78) which is about 62 percent overall complete. (The ship's christening is scheduled for Nov. 9, 2013).
With the strike of a bottle of sparkling wine across the bow by the ship's sponsor, the Navy christened its newest aircraft carrier Gerald R. Ford (CVN 78), the lead ship of the new Gerald R. Ford class, Nov. 9, in a ceremony at Huntington Ingalls Newport News Shipbuilding in Newport News, Va.
Huntington Ingalls Industries' (HII) Newport News Shipbuilding (NNS) division launched Gerald R. Ford (CVN 78) into the James River for the first time on Sunday. The first-of-class aircraft carrier was moved to the shipyard's Pier 3, where it will undergo additional outfitting and testing for the
BMT Fleet Technology Ltd (BMT), a subsidiary of BMT Group Ltd, has announced its latest research project with the National Shipbuilding Research Program (NSRP) to evaluate recent advancements in Integrated Cold Electrode (ICE) welding technology. Jointly funded by industry and the U.S
Huntington Ingalls Industries has announced that its Newport News Shipbuilding (NNS) division has officially opened its new Apprentice School, located at 3101 Washington Ave. in downtown Newport News. Apprentices, faculty and staff were joined by Virginia Gov. Bob McDonnell, U.S. Reps
Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division installed the third and final aircraft elevator on the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78). The elevator, which is used to move aircraft from the hangar bay to the flight deck
Newport News Shipbuilding (NNS), a division of Huntington Ingalls Industries, redelivered the flat-top following successful sea trials that tested the ship's systems after its refueling and complex overhaul (RCOH) at the shipyard. The sea trials, conducted by the U.S
The presentation by Huntington Ingalls Industries (HII) President & Chief Executive Officer Mike Petters and Chief Financial Officer Barbara Niland will begin at 10:15 a.m. EDT and will be webcast on www.huntingtoningalls.com on Tuesday, 17, September 2013 in Boston.
Lt. Carl Comasco, Jr. receives the Theodore Roosevelt Junior Officer of the Year Award. This award, given annually by the TRA since 1992, recognizes young officers serving aboard the aircraft carrier USS Theodore Roosevelt (CVN-71) who exemplify the exceptional leadership, pride, professionalism
The Marine Machinery Association will hold its 29th Annual Meeting in partnership with Newport News Shipbuilding at the Newport News Marriot, October 7-9, 2013. There Will Be A Reception for Speakers and MMA Members From 6-7:30 p.m. on Monday, October 7
Huntington Ingalls Industries (HII) announced that the nuclear-powered aircraft carrier Gerald R. Ford (CVN 78) has put on significant weight in the dry dock at its Newport News Shipbuilding division with the installation of four 30-ton bronze propellers
Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division announce that with the push of a dozen buttons, CVN 78, 'Gerald R. Ford', sponsor Susan Ford Bales initiated the flow of more than 100 million gallons of water into the dry dock.
Huntington Ingalls Industries announced that 10 employees were among those recognized for achievements in the fields of science, technology, engineering and math (STEM) during the 18th annual Women of Color STEM Conference. 8 award-winners represented the company's Ingalls Shipbuilding division
General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics, will christen North Dakota (SSN-784), the U.S. Navy’s newest and most advanced nuclear-attack submarine, at its shipyard here on Saturday, Nov. 2, at 11 a.m.
The Navy's 11th Virginia-class attack submarine was christened in Groton, Conn during a late-morning ceremony at the General Dynamics Electric Boat (GDEB) shipyard. he ceremony marked the official naming of Pre-Commissioning Unit (PCU) North Dakota (SSN 784)
Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division inaugurate the christening of Gerald R. Ford (CVN 78), the first ship of the next-generation class of nuclear-powered aircraft carriers. The first-in-class ship features a new nuclear power plant, a redesigned island