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Search Results for: Huntington Ingalls Industries

Mike Petters: HII Shipyards to Open On-Site Family Healthcare Centers

TYSONS CORNER, VA March 30, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on Huntington Ingalls Industries’ (NYSE: HII) plan to set up family health centers at its two shipyards this year. Mike Petters, HII president and CEO, said the company has recruited a third-party provider to manage the clinics, which …

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Mike Petters: Craftsmanship, Performance Strengthens LPD Program

TYSONS CORNER, VA March 24, 2015 — Executive Mosaic — Mike Petters, Huntington Ingalls Industries president and CEO, said shipbuilder craftsmanship and the performance of San Antonio class of ships have helped build and strengthen the LPD program, ExecutiveBiz reported Monday. “This was most recently demonstrated by the Navy’s request and …

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Mike Petters: Veteran Workforce’s Dedication, Service Contributes to Company Strength

TYSONS CORNER, VA March 18, 2015 — Executive Mosaic — GovCon Executive reported Tuesday on Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII), hailing the company’s veteran workforce as one of the key elements of its strength. “At HII, we are proud that more than 17 percent of our workforce is …

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Mike Petters Sees HII on ‘Front Edge’ of Kennedy Carrier Contract

TYSONS CORNER, VA March 10, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on Huntington Ingalls Industries receiving $23 million from the U.S. Navy as a follow-on contract to continue building the USS John F. Kennedy (CVN-79) aircraft carrier. HII CEO Mike Petters expects more contract awards toward further ramping up …

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February 23 Morning Report: GovCon Index Closes with Record 8th Day of Gains

The GovCon Index closed Friday at 70.937,  a gain of 0.757 points (1.056%), for its eighth straight day of increase. Stocks at index company Huntington Ingalls Industries (NYSE: HII) jumped 3.53 percent after the Virginia-based shipbuilder recorded positive revenue for the 2014 fiscal year. The Dow Jones Industrial Average gained 154.67 points to 18, 140.44, the Standard & Poor’s 500 …

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Kellye Walker, Chuck Monroe to Take HII Legal Dept Leadership Roles; Mike Petters Comments

Huntington Ingalls Industries‘ (NYSE: HII) board of directors has appointed Kellye Walker as corporate vice president and general counsel and Charles Monroe Jr. as corporate VP, secretary and associate general counsel. The appointments take effect Jan. 12, 2015 and Monroe will report to both the board of directors and Walker, who in …

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Northrop Wins Navy Destroyer Steering Gear Contract

Northrop Grumman (NYSE:NOC) has won $14.4 million in contracts to provide steering gears to the U.S. Navy for three destroyers, increasing the program’s total to 69 steering systems. Prime contractors General Dynamics Bath Iron Works (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) selected Northrop to supply the gears for …

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General Dynamics Books $1.2 Billion in Sub Funding

General Dynamics (NYSE: GD) Electric Boat secured $1.2 billion in funding from the Navy to cover the construction of the 14th Virginia-class submarine, SSN-787. According to the firm, “the release of the funding allows procurement of long lead-time components that will support the planned official construction start later this year …

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Northrop Grumman’s Wes Bush Comments on ‘Very Productive’ Quarter

Northrop Grumman (NYSE: NOC) first quarter 2011 results earnings from continuing operations increase to $496 million, up from $410 million in the first quarter last year. First quarter 2011 sales totaled $6.7 billion compared with $6.9 billion in the prior year period. “This was a very productive quarter, ” CEO …

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Northrop Grumman Approves Spin-off; CEO Wes Bush Comments

Northrop Grumman’s (NYSE: NOC) board of directors has approved the spin-off of its wholly-owned subsidiary, Huntington Ingalls Industries, to Northrop Grumman stockholders. According to the firm, the move is subject to final SEC clearance. “We have determined that a spin-off of our shipbuilding business will best serve our shareholders, customers …

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