Huntington Ingalls Industries (NYSE: HII) has promoted Brad Mason – director of maintenance, modernization and technical service operations at HII’s AMSEC subsidiary — to the roles of AMSEC president and a vice president position in HII’s Newport News Shipbuilding segment. He will report directly to N...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performe...
Huntington Ingalls Industries (NYSE: HII) has named Michael Lempke, previous Systems, Planning and Analysis vice president of integrated strategic decision support, as vice president of the Newport News Shipbuilding division’s energy programs. Lempke will succeed Pete Diakun, who will retire at the end of 2016, and oversee ...
The GovCon Index held positive for a sixth consecutive full trading session Wednesday with a gain of 0.751 points to 80.497 and achieved its first close above 80 points in 16 months. A weakening dollar helped lift U.S. stocks and multinational corporations in particular as commodities such as copper, gold and oil rose, according to Reuters....
The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
TYSONS CORNER, VA, April 28, 2016 ” Huntington Ingalls Industries (NYSE: HII) has conducted a 30-day test of the endurance of an unmanned undersea vehicle its Undersea Solutions Group subsidiary built in partnership with Battelle, ExecutiveBiz reported Wednesday. HII said Tuesday the team checked the Proteus UUV’s autonomous beh...
The GovCon Index staged a full reversal from an early morning dip into negative territory Tuesday to close at a gain of 0.482 points to 74.487 as energy shares helped spur U.S. markets into positive. Huntington Ingalls Industries (NYSE: HII) was the GCI’s top nominal gainer at $2.22 — or 1.6 percent — to $141.31 after...
Battelle has elected retired U.S. Navy Adm. Craig Faller and healthcare industry executive Adele Gulfo to its board of directors. “We are honored to welcome Craig and Adele to our board,” said Lou Von Thaer, president and CEO of Battelle and a 10-time Wash100 winner. “Their leadership and diverse expertise will help guide Battelle’s mission...
The Defense Security Cooperation Agency has awarded six companies positions on a five-year, $800 million time-and-materials, firm-fixed-price blanket purchase agreement for software engineering services to support the modernization of the National Background Investigation Services. According to award notices published on the Federal Procurement...
The U.S. Navy has selected 25 companies for a multiple-award contract worth up to $1.9 billion for repair, maintenance and modernization work on nuclear-powered attack submarines. The awards support scheduled Chief of Naval Operations maintenance availabilities at the service’s four public shipyards. Scope of Work The potential eight-year, ind...
