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Search Results for: Huntington Ingalls Industries

Huntington Ingalls Reports 2% Revenue Jump for FY 2014; Mike Petters Comments

Huntington Ingalls Industries (NYSE: HII) has announced financial results for the fourth quarter and full 2015 fiscal year ended Dec. 31, 2014. The shipbuilding giant said its revenue grew 2 percent to $6.96 billion from 2013 figures, profit rose to $338 million over the prior year and the operating margin …

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Huntington Ingalls to Refuel Navy’s George Washington Carrier; Chris Miner Comments

Huntington Ingalls Industries (NYSE: HII) has received a $224 million contract modification to refuel and update the U.S. Navy’s USS George Washington aircraft carrier. The company will also deliver pumps, breakers, valves and steel for the structural fabrication of the ship, Huntington Ingalls said Wednesday. Chris Miner, vice president for …

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Huntington Ingalls Buys Undersea Drone Builder; Matt Mulherin Comments

Huntington Ingalls Industries (NYSE: HII) has acquired the underwater drone manufacturing business of Columbia Group for an undisclosed amount. The division will operate as a subsidiary known as Undersea Solutions Group within Newport News Shipbuilding’s submarine and fleet support division, Huntington Ingalls said Friday. Matt Mulherin, HII corporate vice president and Newport News Shipbuilding president, …

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Bharat Amin to Assume VP, CIO Roles at Huntington Ingalls Subsidiary

Bharat Amin, formerly chief information officer at BAE Systems‘ land and armaments division, will join Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division on Dec. 15 as vice president and CIO. He will lead strategic direction and information systems management in his new position and succeeds Leni Kaufman, who …

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Ray Bagley Appointed Huntington Ingalls Division Trades Operations VP; Matt Mulherin Comments

Ray Bagley, a 40-year veteran of Huntington Ingalls Industries (NYSE: HII), has been named vice president for trades operations within the company’s Newport News Shipbuilding division. His appointment is effective Dec. 8 and he succeeds Danny Hunley, who plans to retire at the end of the year after more than four …

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Huntington Ingalls 3Q 2014 Revenue Up 5%; Mike Petters Comments

Huntington Ingalls Industries (NYSE: HII) has announced financial results for the third quarter of its 2014 fiscal year ended Sept. 30, 2014. The submarine and ship manufacturer posted a 4.9-percent revenue increase to $1.72 billion from the same period in 2013 and booked $400 million in new contract awards for …

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Michael Smith to Lead Huntington Ingalls Growth Strategies in VP Role

Michael Smith, a former executive at BAE Systems, has joined Huntington Ingalls Industries (NYSE: HII) as vice president for business growth. He will work with senior HII leaders to develop corporate development strategies and act as an interface between the company and its business partners in Washington in his new …

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Huntington Ingalls Subsidiary to Update Navy Amphibious Command Ships

A Huntington Ingalls Industries (NYSE: HII) company has won three contracts worth $96.8 million combined to modernize the U.S. Navy’s amphibious command ships and to perform support services. AMSEC LLC will work to package materials for the Naval Sea Systems Command’s USS Blue Ridge and USS Mount Whitney and develop plans for shipchecks, drawings, …

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Chris Miner: Huntington Ingalls to Defuel USS Washington Carrier

Huntington Ingalls Industries (NYSE: HII) has been awarded a 12-month, $49.6 million contract to help the U.S. Navy defuel the aircraft carrier USS George Washington. HII’s Newport News Shipbuilding arm will provide planning and engineering services as well as perform shipboard inspections for the CVN 73 defueling program, HII said …

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Jim French: Huntington Ingalls to Build 8th Coast Guard NSC Ship

The U.S. Coast Guard has awarded Huntington Ingalls Industries‘ (NYSE: HII) shipbuilding arm a $76.5 million contract to buy equipment for the USCG’s eighth National Security Cutter ship. Ingalls Shipbuilding will use the money to purchase steel, propulsion systems, electrical switchboards, major castings and generators, among other materials, HII said …

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