TYSONS CORNER, VA, April 1, 2016 ” The U.S. Navy has awarded additional funds to General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) for the manufacture of two additional Arleigh Burke-class destroyers, ExecutiveBiz reported Thursday. USNI News reported Wednesday General Dynamics Bath Iron Works and Ing...
TYSONS CORNER, VA, March 30, 2016 ” General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) have agreed on the U.S. Navy‘s new build strategy for the manufacture of the Virginia-class and Ohio-class submarines through 2023, ExecutiveBiz reported Tuesday. USNI News reported Monday the Navy’s “Submari...
The GovCon Index stumbled from the open to close at a loss of 0.279 points to 75.052 as U.S. stock declines mirrored a fall in commodities such as oil and investors continued to speculate over when the next interest rate increases could occur. Los Angeles-based health insurance provider Health Net (NYSE: HNT) led Index gainers at 3.67 ...
The U.S. Navy has awarded three companies spots on a potential five-year, $1.32 billion contract to help maintain amphibious warfare and surface combatant ships that dock in San Diego. The Defense Department said Wednesday that BAE Systems, General Dynamics (NYSE: GD) unit NASSCO and Continental Maritime of San Diego, a subsidia...
The GovCon Index traded in negative territory throughout the session Tuesday and closed at a decline of 0.355 points to 73.388 as U.S. stocks also held marginally downward ahead of the scheduled Wednesday afternoon statement from Federal Reserve policymakers when their two-day meeting concludes. Index stock Vectrus (NYSE: VEC), a...
TYSONS CORNER, VA, March 4, 2016 ” A Huntington Ingalls Industries (NYSE: HII) subsidiary will provide environmental surveillance, research and education support to the Energy Department under a $13.7 million contract, ExecutiveBiz reported Thursday. The company said Wednesday its SN3 unit will work with Wastren Advantage to supp...
Michael Smith, formerly corporate vice president for business growth at Huntington Ingalls Industries (NYSE: HII), has been named corporate VP for strategy and development. He will succeed Christopher Kastner, who will take Barbara Niland’s role as corporate VP and chief financial officer after her retirement, HII said Tuesday. Smith...
Huntington Ingalls Industries (NYSE: HII) has secured a potential one-year, $205.1 million contract modification to perform planning work in support of the refueling and complex overhaul program for the U.S. Navy™s USS George Washington aircraft carrier. The modification also covers design, engineering, ship checks, documentation and ...
Huntington Ingalls Industries (NYSE: HII) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $8.36 per share for the full 2015 calendar year to fall below Wall Street analysts forecasts of $8.99. Full 2015 net income rose 19.52 percent year-over-year to $404 million from 2014 with fourth quar...
The GovCon Index largely reversed its spike from morning trade Wednesday but held onto nominal gain/loss of 0.152 points to 70.231 in a choppy session for U.S. financial markets. The Index rose at least 0.75 percent in the first two hours of activity and mirrored gradual declines by U.S. stocks as traders reacted to volatility...
