The Navy has awarded Huntington Ingalls Industries a cost-plus-fixed-fee contract valued up to $471.9 million to provide engineering support for Nimitz-class and Gerald R. Ford-class aircraft carriers. What Work Will HII Provide Under the Navy Contract? The award covers engineering, technical and design work along with logistics, configuration and d...
The U.S. Navy has awarded HII multiple contract modifications totaling approximately $142.9 million to support the completion of Pre-Commissioning Unit John F. Kennedy (CVN 79), the second Gerald R. Ford-class aircraft carrier. What Are the Details of the PCU John F. Kennedy Contract Modifications? The Department of Defense said Friday the...
HII has named Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division, effective Jan. 1, 2026. Who Is Tim Taylor? Taylor, a U.S. Navy veteran, currently serves as director of nuclear test engineering at NNS. He has spent nearly three decades with the company division, advancing through positions...
HII reported a record revenue of $3.2 billion during the third quarter of fiscal year 2025, up 16 percent year-over-year and exceeding the projected $2.96 billion by 8.11 percent. In an earnings release published Thursday, the shipbuilding and defense services company posted earnings per share of $3.68, a 9.85 percent increase that surpas...
Roger Kelly will succeed Matt Mulherin Jr. as vice president of contracts and pricing for HII’s Newport News Shipbuilding division. In his new role, Kelly will oversee contract negotiations, pricing strategy, and export and import compliance for the shipyard, the company said Thursday. He will report directly to Don Godwin, vice president of b...
HII has secured a $160.1 million contract modification from the U.S. Navy for the provision of supplemental work related to the initial USS John C. Stennis (CVN 74) Refueling Complex Overhaul deal. Refueling & Overhaul Contract Modification Details The Department of Defense said Thursday HII will provide refueling and overhaul services for ...
Eric Chewning has been appointed executive vice president of maritime systems and corporate strategy at HII. New Responsibilities The Arlington, Virginia-based all-domain defense provider said Thursday the expanded role aligns with its maritime and advanced technology development strategy, which focuses on enhancing shipbuilding capabiliti...
HII posted its financial results for the second quarter of fiscal 2025, with $3.08 billion in revenue, up 3.5 percent year over year. Q2 2025 Highlights In an earnings release published Sunday, the global engineering and defense technologies company said revenue exceeded its $2.93 billion forecast by 5.12 percent. The company posted earnings pe...
Hexcel’s former top executive, Nick Stanage, has been elected to the board of directors of HII. The industrial manufacturing experience that Stanage brings to the board covers decades of work in the aerospace, automotive and construction equipment industries, HII said Tuesday. Hexcel recruited him in 2009, initially as president, transit...
The U.S. Navy has named HII Fleet Support Group and six other companies that secured spots in an indefinite-delivery/indefinite-quantity, multiple award contract to support the Naval Education Training Command’s Naval Training Products and Services program. The Department of Defense said Wednesday that the contract has a ceiling value of $240 ...
