HII (NYSE: HII) has received a $66.7 million cost-plus-incentive-fee contract modification from the U.S. Navy for the DDG 1000 Modernization Period execution. The Department of Defense said the award could reach its cumulative value of $70.8 million if its included options were exercised. The majority or 95 percent of contract work will be con...
Marc Sosa, formerly vice president of information technology at Serco Group‘s North American subsidiary, has been appointed chief information officer of HII‘s (NYSE: HII) mission technologies division. He will drive HII Mission Technologies’ enterprise information technology priorities and strategic objectives and guide the divisio...
General Dynamics (NYSE: GD) subsidiary Bath Iron Works and HII (NYSE: HII) have received contracts to provide lead and follow yard support services for the U.S. Navy’s DDG 51 Arleigh Burke-class destroyers. The cost-plus-fixed-fee contract awarded by Naval Sea Systems Command to Bath Iron Works has a base value of $58.9 million and contains option...
HII (NYSE: HII) has received a potential $130 million contract to provide long lead time materials and related engineering and design support for the U.S. Navy’s America-class amphibious assault ship Flight 1 LHA 10. The Department of Defense said Thursday Naval Sea Systems Command will fund the advance material procurement using shipbuilding and ...
HII (NYSE: HII) released its recent financial results and achieved several milestones in the third quarter of 2023. In the three months that ended Sept. 30, 2023, total revenues during the quarter increased 7.2 percent to $2.81 billion versus Q3 2022, a new third-quarter record, while new contract awards hit $5.4 billion. The company said...
HII‘s (NYSE: HII) mission technologies division will help the Naval Surface Warfare Center Dahlgren Division Dam Neck Activity develop live, virtual and constructive training software under a potential five-year, $134 million task order. The award covers software engineering, development, integration and test support for the service branchR...
The U.S. Air Force has awarded Mission Technologies, an HII (NYSE: HII) division, a five-year, $244 million task order to install Minotaur software products in U.S. Navy, Marine Corps and Coast Guard systems. The contract covers research, development, test and evaluation services for the integration of Minotaur on maritime platforms used in radars, ...
HII‘s (NYSE: HII) mission technologies division has won a potential five-year, $347 million contract to produce and deliver up to 200 small unmanned undersea vehicles to the U.S. Navy. The company said Wednesday the Lionfish System is a two-person, man-portable vehicle with an open architecture based on its Remus 300 UUV design. The contract h...
HII’s (NYSE: HII) Newport News Shipbuilding business has promoted David Horne from senior director to vice president of trades. NNS split the trades and human resources and administration organization into two and named Horne to lead the former and Xavier Beale to continue serving as VP of HR and administration, HII said Monday. Horne is...
Terri Walker-Spoonhour, former chief operating officer of HII‘s (NYSE: HII) technical solutions division, has been named senior vice president of integration and operations at Eqlipse Technologies, a portfolio company of private equity firm Arlington Capital Partners. She will be responsible for spearheading current and future acquisitions thr...
