Search Results for: hii

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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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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February 10 Market Close: GovCon Index Closes Up, Orbital ATK and Huntington Ingalls Join

The GovCon Index gained 0.407 points to 68.524 Tuesday, a day that saw the close adjusted with the addition of two new government contracting firms to the Index. Tuesday marked the Index’s first day of tracking new members Orbital ATK (NYSE: OA), the company formed out of the merger of ATK’s aerospace and defense groups with Orbital Sciences, and …

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February 9 Market Close: GovCon Index Falls, Greek Debt Talks Drag US Stocks

The GovCon Index started the trading week with a decline of 0.44 points — or 0.6 percent — to close at 73.746 Monday and end a three-day gain streak. On Tuesday, the GovCon Index will replace ATK and Orbital Sciences with Orbital ATK (NYSE: OA), the company formed out of the merger of ATK’s aerospace and defense …

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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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