Huntington Ingalls Industries (NYSE: HII) saw its third-quarter revenue for 2021 increase 1 percent to $2.3 billion and reported $3.65 in diluted earnings per share. The Newport News, Virginia-based shipbuilding company said Thursday it recorded $600 million in Q3 2021 new contract awards and a total backlog of about $50.1 billion as of Sept. 30....
Stewart Holmes, a senior vice president at Textron (NYSE: TXT), was selected to join Huntington Ingalls Industries (NYSE: HII) and replace Mitch Waldman, who is retiring from his role as chief of HII’s Washington operations, Defense Daily reported. Walman joined the shipbuilding company in March 2011 and has served as executive VP of governmen...
Chris Soong, formerly the chief information officer of Alion Science and Technology, has been appointed to the same position at Huntington Ingalls Industries‘ (NYSE: HII) technical solutions division. HII added Soong to its executive team upon completion of the company’s $1.65 billion cash acquisition of Alion, the Virginia-based militar...
Huntington Ingalls Industries (NYSE: HII) has announced a string of executive moves and the formation of four new business groups within its government services arm following HII’s acquisition of Alion Science and Technology. Former Alion executives Todd Borkey and Chris Bishop have joined the HII Technical Solutions division as chief technolo...
Huntington Ingalls Industries (NYSE: HII) has closed its $1.65 billion cash acquisition of Alion Science and Technology as part of a growth strategy to expand HII’s technical service offerings in target markets. The Newport News, Virginia-based shipbuilder first announced the transaction to acquire Alion from private equity firm Veritas Capita...
Huntington Ingalls Industries‘ (NYSE: HII) technical solutions division has received a potential five-year, $346 million task order to help U.S. Africa Command and its international partners rescue, recover and evacuate military personnel. The company said Monday it will conduct airlift and airdrop efforts, plan and manage rescue operations, s...
Kimberly Lebak, an executive in Huntington Ingalls Industries‘ (NYSE: HII) technical solutions division, has been named as head of an HII and BWX Technologies (NYSE: BWXT) joint venture that performs cleanup work at the Department of Energy’s Los Alamos National Laboratory in New Mexico. HII said Tuesday that Lebak will oversee the $1.4 ...
Huntington Ingalls Industries (NYSE: HII) has secured a nearly $273 million indefinite-delivery/indefinite-quantity contract to help the U.S. Navy maintain aircraft carriers and surface ships. Under the five-year contract, HII’s fleet support group will support repair and overhaul planning activity for ship equipment and systems, the Departmen...
Huntington Ingalls Industries (NYSE: HII) has agreed to buy Alion Science and Technology from Veritas Capital for approximately $1.65 billion in cash as part of a push to expand its technical capabilities and portfolio of national security platforms. HII said Tuesday it expects the transaction to conclude in the second half of 2021 and help...
Jason Sutton, program director for steel fabrication and assembly at Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division, has been named chief information officer within the same division. He will succeed Brian Fields, who held the CIO post while serving as chief transformation officer and will transition to a new role as...
