Search Results for: HII

Huntington Ingalls ‘Shipyard of the Future’ Project Gets Mississippi Investment

TYSONS CORNER, VA June 1, 2015 — Huntington Ingalls Industries (NYSE: HII) has received $20 million from the Mississippi state government in support of its Shipyard of the Future initiative. The financial investment will go toward the development of a new dry dock and covered facilities for the company’s 11, 000 shipbuilders …

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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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Huntington Ingalls Unveils Proteus Undersea Tech; Ross Lindman Comments

TYSONS CORNER, VA April 21, 2015 — Executive Mosaic — Huntington Ingalls Industries (NYSE: HII) has unveiled its Proteus submersible designed to adapt to different naval missions and sea operations, ExecutiveBiz reported Monday. The Daily Press reported April 13 that the craft, created by HII subsidiary Undersea Solutions Group,  Battelle and Battelle …

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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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Navy Awards Huntington Ingalls $604M for Arleigh Burke Destroyer; George Nungesser Comments

Huntington Ingalls Industries (NYSE: HII) has been awarded a $604.3 million contract modification to produce an additional Aegis-guided missile destroyer for the U.S. Navy. The Arleigh Burke-class missile destroyer DDG 121 is the third of five DDG 51 destroyers the company has been tasked to build under a contract awarded in June 2013, …

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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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Curt Hull Adds COO Title at Huntington Ingalls’ SN3 Division; Nick Lombardo Comments

Curt Hull, senior vice president of Huntington Ingalls Industries‘ (NYSE: HII) Stoller Newport News Nuclear subsidiary, has assumed an additional role as chief operating officer at SN3. “Curt will be responsible for further integration of SN3 operations with HII and its divisions and subsidiaries, and he will continue to provide …

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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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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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February 20 Market Close: GovCon Index Rises as Greece, Creditors Strike 4-Month Deal

The GovCon Index recorded an eight-consecutive day in positive territory Friday as it gained 0.757 points — or 1.056 percent — to close at 70.937. Index company Huntington Ingalls (NYSE: HII), the Virginia-based shipbuilder, saw its stock jump ____ percent after it reported a 2-percent increase in revenue for its full 2014 fiscal …

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