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HII News
$200m in Funds for Newport News Shipbuilding
Huntington Ingalls Industries, Newport News Shipbuilding Inc., Newport News, Virginia, is awarded a not-to-exceed $200,446,196 undefinitized fixed-price, incentive…
Construction Milestone for DDG 51 Program
The U.S. Navy's Arleigh Burke-class (DDG 51) destroyers program notched two shipbuilding milestones with the recent start of construction at shipyards Bath Iron Works (BIW) in Bath, Maine, and Huntington Ingalls Industries in Pascagoula, Miss.Construction of the future USS Harvey C. Barnum Jr. (DDG 124) officially began on May 17 at BIW, where the ship's namesake, Col. Harvey "Barney" Barnum, Jr. (Ret.)…
US’ New Aircraft Carrier 75% Structurally Complete
The next nuclear-powered aircraft carrier for the U.S. Navy is now three-quarters structurally complete following the recent installation of the forward area of the ship’s main deck, shipbuilder Huntington Ingalls Industries (HII) announced today.John F. Kennedy (CVN 79), the second ship in the Gerald R. Ford class of carriers, has been taking shape at HII’s Newport News Shipbuilding division since the ship’s keel was laid in August 2015.
Christie Thomas New Vice President at Huntington Ingalls Industries
Huntington Ingalls Industries announced that Christie Thomas has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division.
US Navy Asks Huntington Ingalls for Pricing on Two Aircraft Carriers
The U.S. Navy asked shipbuilder Huntington Ingalls Industries on Monday for detailed pricing on the cost of two aircraft carriers, showing the Trump administration is taking a serious look at doubling its order for the most expensive ship in the U.S. fleet. The Navy’s request seeks to determine the savings achievable with a two-ship buy. “This opportunity for a two-ship contract is dependent on significant savings that the shipbuilding industry and government must demonstrate…
Huntington Ingalls Shipbuilder Nears Completion of Future JFK Aircraft Carrier
Huntington Ingalls Industries announced that its Newport News Shipbuilding division has built 70 percent of the structures necessary to complete the nuclear-powered aircraft carrier John F.
Huntington Ingalls Industries Announces Leadership Changes
Huntington Ingalls Industries announced changes to its senior leadership team. Michael Smith, executive vice president, strategy and development, is moving to HII’s Technical Solutions division, where he will serve as president of the SN3 business and report to Michael Lempke, president of the Nuclear & Environmental group, effective immediately. Scott Stabler, executive vice president, internal audit…
Huntington Ingalls Industries Q4 Revenue up 3.9%
U.S. military shipbuilder Huntington Ingalls Industries reported fourth quarter 2017 revenues of $2 billion, up 3.9 percent from the fourth quarter of 2016. Operating income in the quarter was $227 million and operating margin was 11.4 percent, compared to $268 million and 13.9 percent, respectively, in the fourth quarter of 2016. Diluted earnings per share in the quarter was $1.41, compared to $4.20 in the same period of 2016.
Huntington Ingalls Steel-Cut for Aircraft Carrier Enterprise
Huntington Ingalls Industries has cut a 35-ton steel plate at its Newport News Shipbuilding division to kick off advance construction of the aircraft carrier Enterprise (CVN 80).
Huntington Ingalls Industries Delivers DDG 113
The John Finn (DDG 113) destroyer was delivered to the United States Navy by Huntington Ingalls Industries on December 7, 2016, the 75th anniversary of the attack on Pearl Harbor. Powered by GE’s Marine Solutions’ LM2500 marine gas turbines, the ship’s namesake helped shoot down Japanese warplanes during the attack and was the first Medal of Honor recipient of World War II. "GE is proud that our LM2500…
Huntington Ingalls Industries to Open Australian Office
Huntington Ingalls Industries (HII) said it plans to establish a permanent presence in Australia by opening an office in Canberra. “Establishing a permanent presence in Australia demonstrates HII’s commitment to supporting Australia and the U.S. military forces in the Pacific,” said HII President and CEO Mike Petters. “It also facilitates our ability to conduct real-time, frequent engagement with the Royal Australian Navy and the U.S. The U.S.
Huntington Ingalls CEO Urges Speedup of Next Amphib Ship Program
Huntington Ingalls Industries Inc Chief Executive Mike Petters urged the U.S. Navy to accelerate its new LX(R) dock landing ship program to fiscal 2018 from 2020 to avoid significant costs associated with restarting a production line. The production-line gap would occur when building of the LPD-28 warship ends about two years before the LX(R) is due to start. Petters told Reuters the move would save money by averting a costly break in production of the ships…
Leadership Changes at Huntington Ingalls Industries
U.S. shipbuilder Huntington Ingalls Industries (HII) announced today a number of changes across its leadership team. HII’s Board of Directors has elected Christopher D. Kastner to succeed Barbara A. Niland as the company’s chief financial officer and corporate vice president, business management, effective with Niland’s retirement on March 1, 2016. Furthermore Philip Luna, corporate vice president and president…
Huntington Ingalls Cites Interest in Building US Icebreakers
Huntington Ingalls Industries Inc, which builds aircraft carriers and U.S. Navy warships, on Tuesday said it was keen to bid to build new icebreakers for the U.S. Coast Guard, after President Barack Obama pushed for quicker work on the program. The company's Ingalls shipbuilding unit, based in Pascagoula, Miss., built the newest U.S. icebreaker in the U.S. fleet, the USCGC Healy, which was delivered in November 1999.
Huntington Ingalls Appoints New C & CAO
Huntington Ingalls Industries yesterday promoted Nicolas Schuck to the position of controller and chief accounting officer, effectively immediately. He will report to Barbara Niland…
Huntington Ingalls wins USN Carrier Deals
Huntington Ingalls Industries Inc on Friday won two contracts worth a combined $4.3 billion to complete design work and construction of the USS John F. Kennedy aircraft carrier…
Huntington Ingalls Industries Profits up in Q3 Report
Shipbuilder Huntington Ingalls Industries (HII) released its third quarter 2014 results which reported revenues of $1.72 billion, up 4.9 percent compared to the same period last year. Third quarter diluted earnings per share was $1.96, compared to diluted earnings per share of $1.36 in the same period of 2013, and adjusted diluted earnings per share for the quarter was $1.67, compared to $1.17 in the same period of 2013.
Huntington Ingalls Industries Sponsors USO Gala
Huntington Ingalls Industries (HII) announces its sponsorship of the annual USO Gala, which will take place tonight at the Washington Hilton in Washington, D.C.
Huntington Ingalls Industries Acquires UPI
Huntington Ingalls Industries informs that it has acquired UniversalPegasus International Holdings (UPI), a leading provider of engineering and project management…
Huntington Ingalls Awarded Navy DDG 51 Contract Modification
U.S. Department of Defense has awarded a Navy US$12,168,588 contract modification to support FYS warship class DDG 51 work, as follows. DoD explains in detail that…
