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TYSONS CORNER, VA June 24, 2015 — ExecutiveBiz reported Tuesday on the U.S. Navy awarding $23.8 million to Huntington Ingalls Industries (NYSE: HII) subsidiary Newport News Shipbuilding for modernization work on the USS George H.W. Bush (CVN 77) aircraft carrier. Chris Miner, vice president for in-service aircraft carrier programs ...
TYSONS CORNER, VA June 9, 2015 — ExecutiveBiz reported Monday on Ingalls Shipbuilding handing over the national security cutter James (WMSL 754) to the U.S. Coast Guard on Friday. Huntington Ingalls Industries said the 418-foot Legend-class cutter, the fifth to be constructed for the service by the HII business, is set to be commis...
The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a $3.3 billion contract for detail design and construction work and a $941.2 million modification for additional labor for the future USS John F. Kennedy aircraft carrier. The Defense Department said Friday the contracts co...
TYSONS CORNER, VA June 1, 2015 — Huntington Ingalls Industries (NYSE: HII) has received $20 million from the Mississippi state government in support of its Shipyard of the Future initiative. The financial investment will go toward the development of a new dry dock and covered facilities for the companyâ...
TYSONS CORNER, VA May 29, 2015 — ExecutiveBiz reported Thursday on Huntington Ingalls Industries (NYSE: HII) picking Lockheed Martin (NYSE: LMT) to build the C4ISR platform for the U.S. Coast Guard’s Midgett national security cutter. The $72 million contract award includes work on the USCG’s eigh...
Huntington Ingalls Industries (NYSE: HII) has appointed George Jones as vice president of operations and Tim Farrell as vice president of new U.S. Navy programs. Jones will be in charge of shipbuilding operations from construction through delivery, while Farrell will head contract capture efforts for shipbuilding ...
TYSONS CORNER, VA April 21, 2015 — Executive Mosaic — Huntington Ingalls Industries (NYSE: HII) has unveiled its Proteus submersible designed to adapt to different naval missions and sea operations, ExecutiveBiz reported Monday. The Daily Press reported April 13 that the craft, created by H...
TYSONS CORNER, VA April 17, 2015 — Executive Mosaic — Huntington Ingalls Industries (NYSE: HII) President and CEO Mike Petters has credited Irwin Edenzon’s efforts during his tenure as president of Ingalls Shipbuilding to the current state of the HII subsidiary’s portfolio. Pett...
The GovCon Index ended the week at 69.436 on Friday,  up 0.173 points from the previous day’s close. The Dow Jones Industrial Average gained 98.92 points to 18, 057.65, the Standard & Poor’s 500 composite index rose 10.88 points to 2, 102.06 and the N...
A Huntington Ingalls Industries (NYSE: HII) division has been awarded a $499.8 million contract to build the U.S. Coast Guard‘s eighth national security cutter. Ingalls Shipbuilding scheduled the delivery of the NSC Midgett to the military branch for 2019, HII said Tuesday. “We continue to fold in learning for each ship we build, and the...
