Marine link
 

Newport News Shipbuilding

Newport News Shipbuilding Notified of Department of Defense Recommendation

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, Newport News Shipbuilding Announce Definitive Merger Agreement

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


GD Extends NNS Offer

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


U.S. Sues Shipbuilder For Alleged Overcharges

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 Completes Tender Offer for Newport News Shipbuilding

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


Shipbuilder Hosts Competition for STEM Students of the Future

Photo credit: HII

 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 Awarded $5.6m Contract

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


Newport News Shipbuilding Celebrates 125th

Image www.marinersmuseum.org/exhibitions/nn125

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


NNS Stacks Office with Food Christmas Trees

Photo credit NNS

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


Newport News Shipbuilding's Apprentice School to partner Old Dominion University

The Signing of a memorandum of understanding between the Apprentice School and Old Dominion University (ODU) will take place tomorrow (23rd April) at 3101 Washington Ave. in downtown Newport News for offering a bachelor's degree program in mechanical and electrical engineering. The Apprentice School is the only registered apprenticeship program in the country to offer a bachelor's degree as part of its academic instruction program, thanks to a partnership with ODU.


HII’s Petters Honored by Navy League

Mike Petters, president and chief executive officer of Huntington Ingalls Industries (Photo courtesy of HII)

Huntington Ingalls Industries (HII) announced today that Mike Petters, its president and CEO, was honored by the Navy League of the United States New York Council at a dinner last night in New York City. Petters was awarded the Rear Admiral John J


NNS Supports SCA Welding Education Program

Welder at work: File photo

Huntington Ingalls Industries informs that its Newport News Shipbuilding division has donated training materials to the Southern Carolina Regional Development Alliance (SCA) for a welding program in Allendale County, S.C. The SCA's Advanced Manufacturing Skills Training Program has already


'Ford' Anchor Aweigh at Newport News Shipbuilding

Anchor-handling test: Photo courtesy of HII

Huntington Ingalls Industries'  reports that its Newport News Shipbuilding division has successfully completed anchor testing on the aircraft carrier Gerald R. Ford (CVN 78), bringing the ship closer to its 2016 delivery to the U.S. Navy


Holton Tours Newport News’ Apprentice School

Apprentices Jason Marshall (left) and Matthew Stanley (center) greet Virginia Secretary of Education Anne Holton in the lobby of The Apprentice School before her tour led by the school’s director, Everett Jordan (right). Photo by Chris Oxley/HII

Huntington Ingalls Industries (HII) hosted Virginia Secretary of Education Anne Holton Wednesday for a tour of The Apprentice School at the company's Newport News Shipbuilding division. Danny Hunley, Newport News' vice president of operations, and Everett Jordan


Newport News Shares Modeling, Simulation Practices

Newport-News-built aircraft carrier USS Theodore Roosevelt (Photo courtesy Huntington Ingalls Industries, by Ricky Thompson)

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


US Sens. Kaine and Reed Visit Newport News Shipbuilding

Pictured with U.S. Sens. Tim Kaine and Jack Reed  in front of USS Abraham Lincoln are (left to right) Capt. Karl Thomas, the ship’s commanding officer; Todd West, director, Newport News’ RCOH program; and Chris Miner, Newport News’ vice president of in-service aircraft carrier programs. Photo by Chris Oxley, Huntington Ingalls Industries

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


Newport News, ODU Partner for Bachelor's Degree Program

John R. Broderick (left) and Danny Hunley sign a memorandum of understanding between Old Dominion University and Newport News Shipbuilding to offer a new bachelor’s degree program in mechanical and electrical engineering at The Apprentice School. Broderick serves as president of ODU; Hunley serves as Newport News’ vice president of operations. Photo by Chris Oxley/HII

Huntington Ingalls Industries (HII) announced today that apprentices at Newport News Shipbuilding will now have the opportunity to earn a bachelor of science degree while completing a marine engineer apprenticeship, thanks to a partnership between The Apprentice School and Old Dominion University


General Dynamics: $17.6B Contract for Submarines

The Virginia-class attack submarine Pre-Commissioning Unit (PCU) Minnesota (SSN 783) is shown during sea trials.  (U.S. Navy photo courtesy of Huntington Ingalls Industries/Released)

The U.S. Navy awarded General Dynamics Electric Boat a contract valued at $17.6 billion for the construction of 10 additional Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The multi-year Block IV contract enables Electric Boat and its


Aircraft Carrier 'Control Tower' Module Installed at NNS

Module lift: Photo HII

Huntington Ingalls Industries says that its Newport News Shipbuilding (NNS) division recently placed a new upper-level structure on top of USS Abraham Lincoln's (CVN 72) island, which is similar to an airport control tower. The aircraft carrier is undergoing its refueling and complex overhaul


HII Declares Quarterly Dividend

hii.jpg

Huntington Ingalls Industries (HII) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, payable on June 13, 2014, to shareholders of record as of the close of business on May 30, 2014. Huntington Ingalls Industries designs


NNS Voluntary Builders Hand Over 12th Charitable Home

Dedication of 12th home: Image HII

Huntington Ingalls Industries inform that its Newport News Shipbuilding division joined elected officials and business and community leaders to dedicate the 12th home shipyard volunteers have constructed in partnership with Habitat for Humanity Peninsula and Greater Williamsburg.


HII to Present at Bernstein's Strategic Decisions Conference

File photo

 Huntington Ingalls Industries (HII) informs it will present at Sanford C. Bernstein's 30th annual Strategic Decisions Conference on Wednesday, May 28 in New York. The presentation by HII President and Chief Executive Officer Mike Petters and Corporate Vice President and Chief Financial


HII Hosts Defense UnderSec Frank Kendall

Undersecretary Frank Kendall Tours Ford: Photo HII

Huntington Ingalls Industries informs that it hosted Frank Kendall, undersecretary of defense for acquisition, technology and logistics, for a tour of the company's Newport News Shipbuilding division. Kendall visited the shipyard to learn more about cost-reduction efforts and to see the


HII to Webcast at Deutsche Bank Chicago Conference

Photo courtesy of HII

Huntington Ingalls Industries informs it will present at Deutsche Bank's fifth annual Global Industrials and Basic Materials Conference on Thursday, June 5, 2014 in Chicago. The presentation by HII President and Chief Executive Officer Mike Petters and Corporate Vice President and Chief


First Lady Signs-in at Submarine Keel-laying

Welder & First Lady: Navy photo

First Lady Michelle Obama's initials were welded onto a metal plate as Sailors from Pre-Commissioning Unit (PCU) Illinois (SSN 786) looked on during a keel-laying ceremony for the new Virginia-class submarine. The First Lady joined Navy leaders






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright