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).
State maritime industry supports more than 63,000 jobs; worth over $5.5 billion annually to Virginia’s economy The American Maritime Partnership (AMP) today joined with the Shipbuilders Council of America (SCA), Senator Tim Kaine (D-Va.), Congressman Rob Wittman (R-Va
Huntington Ingalls Industries inform that its Newport News Shipbuilding division has hosted a visit by former U.S. Sen. John Warner and ship's sponsor Jeanne Warner today to see the steady progress being made on the Virginia-class fast attack submarine bearing his name.
Huntington Ingalls Industries' (HII) Newport News Shipbuilding division will share modeling and simulation practices used in the design and construction of aircraft carriers and submarines during the MODSIM World Conference this week. The shipyard is among more than 25 organizations sharing best
Huntington Ingalls Industries (HII) hosted U.S. Sens. Tim Kaine (D-Va.) and Jack Reed (D-R.I.) Tuesday for a tour of the company's Newport News Shipbuilding division. The visit provided the senators an opportunity to meet shipbuilders and see construction progress being made on all programs across
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 says that Dru Branche, health and safety director for the company’s Newport News Shipbuilding (NNS) division, has been recognized as a recipient of an Inside Business 2013 Women in Business Achievement Award
Huntington Ingalls Industries (HII) announced that its Newport News Shipbuilding (NNS) division lent support to the community by participating in three area charitable events. Shipbuilders donated nearly 20,000 school supplies to benefit an estimated 1,000 area students
Huntington Ingalls Industries (HII) has acquired The S.M. Stoller Corporation (Stoller), a leading provider of environmental, nuclear, and technical consulting and engineering services to the Department of Energy, Department of Defense and the private sector.
Huntington Ingalls Industries (NYSE:HII) announce that its Newport News Shipbuilding (NNS) division has opened a field office in Aiken, S.C., as part of its continuing efforts to expand the company's business in the Department of Energy and commercial energy markets.
Huntington Ingalls Industries informs it will host commencement exercises for The Apprentice School's graduating class of 2013. Danny Hunley, Newport News Shipbuilding's vice president of operations and Apprentice School graduate, will provide the keynote address on Saturday, 29, February 2014.
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected four major research and development projects for award, as part of the program's continuing mission to reduce costs associated with U. S. shipbuilding and ship repair
Huntington Ingalls Industries hosted commencement exercises for the company's Apprentice School at Newport News Shipbuilding. The graduation, held at the Liberty Baptist Church Worship Center in Hampton, celebrated 137 apprentices representing 18 trades and four advanced programs.
Huntington Ingalls Industries informs that its Newport News Shipbuilding division has received a US$1.295 billion extension to a previously awarded construction preparation contract for the aircraft carrier 'John F. Kennedy' (CVN 79). The contract extension enables Newport News to complete an
General Dynamics NASSCO, BAE Systems and Huntington Ingalls have been awarded contracts by the US Department of Defense for various activities as follows: General Dynamics National Steel and Shipbuilding Co. is awarded a $62,574,394 modification to previously awarded cost-plus-award-fee