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HII News
Huntington Ingalls Appoints Jonathan Padfield as Corporate Director
Huntington Ingalls Industries (NYSE:HII) announced today that Capt. Jonathan Padfield (U.S. Navy, Ret.) has joined the company as Corporate Director of Customer Affairs for amphibious programs.
Huntington Ingalls to Explore Opportunities for Avondale Redevelopment
Huntington Ingalls Industries announced today it will conduct a study with Kinder Morgan Energy Partners, L.P. (NYSE:KMP) to explore redeveloping Huntington Ingalls…
Huntington Ingalls Awarded Additional Funds For CVN 79 Construction
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 additional 343 structural units and purchase the majority of the remaining material for the ship, including items such as valves, controllers, pumps and raw materials.
Huntington Ingalls Industries 2013 Revenues Increased
Huntington Ingalls Industries reports Fourth Quarter & Year 2013 financial results with increased revenues in each period. Segment operating income in the fourth quarter was $169 million, compared to $140 million in the same period last year, mainly driven by improved contract performance. Total operating income for the quarter was $174 million, compared to $106 million in the same period of 2012.
Huntington Ingalls Reports Q2 Results
Huntington Ingalls Industries (HII) reported second quarter 2013 revenues of $1.68 billion, down 2.2% from the same period last year. Segment operating income for the second quarter was $136 million, compared to $127 million in the same period last year. Total operating income for the quarter was $116 million, up 9.4% from $106 million in the same period last year. Pension-adjusted operating income for the second quarter was $134 million…
Huntington Ingalls Industries Reports Q1 Results
Huntington Ingalls Industries reported first quarter 2013 revenues of $1.56 billion, relatively flat compared to the same period last year. Segment operating income for the first quarter was $120 million, compared to $101 million in the same period last year. Total operating income for the quarter was $95 million, compared to $80 million in the same period last year. Pension-adjusted operating income for the first quarter was $118 million…
Huntington Ingalls Industries Declares Quarterly Dividend
Huntington Ingalls Industries’ Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on June 14, 2013, to shareholders of record as of the close of business on May 31, 2013.
Huntington Ingalls Industries Reports 4Q and 2012 Results
Huntington Ingalls Industries (NYSE: HII) reported fourth quarter 2012 revenues of $1.82 billion, up 5.1 percent from the same period last year. Segment operating income for the fourth quarter was $140 million, compared to $127 million in the same period last year. Total operating income for the fourth quarter was $106 million, compared to $121 million in the same period last year. Pension-adjusted total operating income for the fourth quarter was $131 million…
Huntington Ingalls Industries Recognized for Hiring Veterans
Huntington Ingalls Industries (NYSE: HII) was recognized by the Virginia Department of Veterans Services for its efforts to hire and retain veterans. HII President…
Huntington Ingalls Industries Reports Strong 2Q Results
Huntington Ingalls Industries Reports Strong Second Quarter Results; Significant Progress on Key Programs. Huntington Ingalls Industries (NYSE:HII) reported second…
Huntington Ingalls Subsidiary Partners With HHIC Holdings
Virginia Beach, Va. - Huntington Ingalls Industries announced that its subsidiary, AMSEC, has signed an agreement with Hanjin Heavy Industries and Construction Philippines Inc.…
Huntington Ingalls Awarded $50 Million Modification for Procurement
Huntington Ingalls Industries Inc., Pascagoula, Miss., is being awarded a $50,300,000 modification to a previously-awarded contract (N00024-10-C-2229) for procurement…
Huntington Ingalls Reports Strong Fourth Quarter
Newport News, Va. -- Huntington Ingalls Industries reported fourth quarter 2011 sales of $1.74 billion, consistent with the fourth quarter of 2010. The impact of…
Navy Modifies Huntington Ingalls Materials Contract
Huntington Ingalls, Inc., Newport News Shipbuilding, Newport News, Va., is being awarded $11,069,510 modification to previously awarded contract (N00024-08-C-2110)…
Huntington Ingalls Explores Options for Conversion
With State and Federal Assistance, Huntington Ingalls to Explore Options for Avondale Conversion; Save Our Shipyard Coalition Hails New Developments. "This is good…
Huntington Ingalls Inc. Wins $118.9m Contract Modification
Huntington Ingalls Inc., Newport News, Va., is being awarded a $118,977,769 modification under a previously awarded contract (N00024-10-C-2102) for engineering, technical…
Huntington Ingalls Reports 2Q Earnings
Huntington Ingalls Industries, Inc. reported second quarter 2011 sales of $1.56 billion, down 2.9 percent from the same period last year, and operating margin of 5.8 percent…
Huntington Ingalls Profit Up 9.8%
According to a report from The Virginian-Pilot, about six weeks after it was spun off by Northrop Grumman Corp., shipbuilder Huntington Ingalls Industries Inc. announced…
Huntington Ingalls Industries Reports Q1 Results
NEWPORT NEWS, Va., May 11, 2011 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries, Inc. (NYSE:HII) reported first quarter 2011 sales of $1.68 billion, down 1.6 percent from the same period last year, and operating margin of 5.0 percent, essentially flat year over year. First quarter earnings per share was $0.92, up from $0.85 in 2010. New business awards for the 2011 first quarter totaled $1.7 billion, bringing total backlog to $17.4 billion as of March 31, 2011.
Huntington Ingalls Goes Live
According to a report from the Daily Press, the Fortune 500 shipbuilding firm will be officially spun out from defense giant Northrop Grumman Corp. on Wednesday evening, March 30.
