Search Results for: HII

General Dynamics-Huntington Ingalls Team Awarded $18B to Build Subs; Jeffrey Geiger, Matt Mulherin Comment

General Dynamics (NYSE: GD) Electric Boat subsidiary and Huntington Ingalls’ (NYSE: HII) Newport News Shipbuilding will continue to jointly construct submarines for the U.S. Navy under a $17.6 billion contract. The team will work to develop 10 additional Virginia-class Block IV submarines over five years beginning on May 1 and …

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Jim French: Huntington Ingalls to Start Building 7th Coast Guard Cutter in January 2015

Huntington Ingalls‘ (NYSE: HII) shipbuilding arm will build the U.S. Coast Guard‘s seventh Legend-class National Security Cutter ship under a $497 million contract. Ingalls Shipbuilding has delivered three NSCs to the Coast Guard and three other ships are currently in various phases of construction, the company announced Monday. Jim French, NSC program manager …

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Navy Awards $1.2B to General Dynamics Bath Iron Works, Huntington Ingalls for Arleigh Burke Destroyers

The U.S. Navy has awarded approximately $1.2 billion in contract modifications to General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary and Huntington Ingalls (NYSE: HII) for construction of Arleigh Burke destroyers. Bath Iron Works will build one DDG 51 ship for $642, 583, 946 and Huntington Ingalls will build the other …

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Mike Lipski Promoted to Business Development VP for Huntington Ingalls’ Shipbuilding Arm

Mike Lipski,  director for business development and strategic planning at Huntington Ingalls Industries‘ (NYSE:HII) shipbuilding division, will serve as the division’s vice president of business development starting April 1. He has served in his current role at Ingalls Shipbuilding since 2012 and will manage the division’s business development work for the …

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Mike Shawcross: Huntington Ingalls Expects JFK Carrier Construction Contract This Year

Huntington Ingalls Industries (NYSE: HII) has been awarded a $1.295 billion extension to continue preparing for construction of the John F. Kennedy aircraft carrier for the U.S. Navy. Mike Shawcross, vice president of CVN 79 construction for the company’s Newport News Shipbuilding division, said Tuesday that the company expects to be awarded …

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Huntington Ingalls Subsidiary Wins $135M to Maintain Navy Aircraft Carriers; Harris Leonard Comments

A Huntington Ingalls Industries (NYSE: HII) subsidiary has won a potential five-year, $135 million contract to help the U.S. Navy maintain aircraft carriers and train personnel. AMSEC LLC will work to repair and modernize shipboard elevators, cargo equipment and related systems within the Navy’s carriers, as well as to train …

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Huntington Ingalls Buys Engineering Services Firm S.M. Stoller; Matt Mulherin Comments

Huntington Ingalls Industries (NYSE:HII) has purchased consulting and engineering services provider The S.M. Stoller Corp. for an undisclosed amount. Stoller will operate as a subsidiary of Huntington Ingalls within the Newport News Shipbuilding division, HII said Thursday. Matt Mulherin, HII corporate vice president and NNS president, said the acquisition is intended …

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Brian Cuccias to Lead Huntington Ingalls Shipbuilding Division

Brian Cuccias, vice president of amphibious ship programs at Huntington Ingalls Industries‘ (NYSE: HII) Ingalls Shipbuilding division, will serve as division president and corporate VP starting April 1, 2014. The board of directors elected Cuccias to succeed Irwin Edenzon, who will step down from the roles on March 31 and …

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Huntington Ingalls Wins $155M for Nuclear Submarine R&D, Logistics

Huntington Ingalls Industries (NYSE: HII) has won a $155, 682, 919 contract modification to perform research and development and integrated logistics support work on the U.S. Navy‘s nuclear submarines. The Navy is obligating $560, 635 at the time of award from its fiscal year 2012 and 2013 other procurement and working …

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Huntington Ingalls Begins Constuction on Sixth Cutter for Coast Guard; Jim French Comments

Huntington Ingalls Industries‘ (NYSE: HII) shipbuilding division has begun building another national security cutter for the U.S. Coast Guard. The Munro is the firm’s sixth NSC and joins two cutters,  the Hamilton and the James, that Huntington Ingalls has already been constructing, the company said Tuesday. The firm has already delivered …

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