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Search Results for: Huntington Ingalls Industries

August 27 Market Close: GovCon Index, US Stocks Extend Rebound on GDP & Job Data

The GovCon Index extended its recovery to a second consecutive day on Thursday with a gain of 1.326 percent to 72.815. Overall, the Index has regained 4.59 percent of its losses from the recent six-day stretch of declines that mirrored larger U.S. market downturns. Economic data that showed U.S. gross domestic product …

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August 26 Market Close: GovCon Index Up 3%, 6-Day Decline Streak Over

A six-day stretch of consecutive declines came to an end for the GovCon Index Wednesday as it recorded a gain of 3.208 percent to 71.862. Non-Index company Oshkosh Corp. (NYSE: OSK) closed up 6.67 percent a day after the Army announced the Wisconsin-based military vehicle maker beat Lockheed Martin (NYSE: LMT) and …

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Karen Velkey Assumes Benefits, Compensation VP Role at HII

TYSONS CORNER, VA August 25, 2015 — Karen Velkey has been named corporate vice president for benefits and compensation at Huntington Ingalls Industries (NYSE: HII), GovCon Executive reported Monday. HII said the human resources veteran joined the company in 2011 and has more than 20 years of experience on incentives, …

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July 28 Market Close: GovCon Index Rides 3-Digit Dow Rally, Energy Leads US Stock Gains

The GovCon Index snapped a five-day streak of losses Tuesday with a rebound of 1.244 percent to close at 75.127 on a day that saw the major U.S. stock indices record gains of nearly similar margins. Energy shares were the largest gainers in the S&P 500 at a 3-percent jump for …

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HII Awarded $24M for Sustainment Work on USS George H.W. Bush

TYSONS CORNER, VA June 24, 2015 — ExecutiveBiz reported Tuesday on the U.S. Navy awarding $23.8 million to Huntington Ingalls Industries (NYSE: HII) subsidiary Newport News Shipbuilding for modernization work on the USS George H.W. Bush (CVN 77) aircraft carrier. Chris Miner, vice president for in-service aircraft carrier programs at …

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Lockheed to Supply C4ISR System for Coast Guard Cutter

TYSONS CORNER, VA May 29, 2015 — ExecutiveBiz reported Thursday on Huntington Ingalls Industries (NYSE: HII) picking Lockheed Martin (NYSE: LMT) to build the C4ISR platform for the U.S. Coast Guard’s Midgett national security cutter. The $72 million contract award includes work on the USCG’s eight and final cutter that …

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HII Appoints George Jones, Tim Farrell to VP Positions; Brian Cuccias Comments

Huntington Ingalls Industries (NYSE: HII) has appointed George Jones as vice president of operations and Tim Farrell as vice president of new U.S. Navy programs. Jones will be in charge of shipbuilding operations from construction through delivery, while Farrell will head contract capture efforts for shipbuilding programs with the Navy, HII said Tuesday. “George …

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Mike Petters Cites Irwin Edenzon’s Leadership in Nimitz Award Nomination

TYSONS CORNER, VA April 17, 2015 — Executive Mosaic — Huntington Ingalls Industries (NYSE: HII) President and CEO Mike Petters has credited Irwin Edenzon’s efforts during his tenure as president of Ingalls Shipbuilding to the current state of the HII subsidiary’s portfolio. Petters nominated the retired official to the Navy League’s …

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HII Subsidiary to Build 8th US National Security Cutter for $500M; Jim French Comments

A Huntington Ingalls Industries (NYSE: HII) division has been awarded a $499.8 million contract to build the U.S. Coast Guard‘s eighth national security cutter. Ingalls Shipbuilding scheduled the delivery of the NSC Midgett to the military branch for 2019, HII said Tuesday. “We continue to fold in learning for each …

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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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