A business unit of BAE Systems will drydock, maintain and modernize the USS Wasp amphibious assault ship for the U.S. Navy under a potential $237.7M contract. The company said Tuesday its Norfolk Ship Repair business in Virginia will commence work on the vessel's mechanical, tank and hull systems in February.
Read More »HII Secures $187M Navy Contract to Engineer Additional Amphibious Assault Ship
Huntington Ingalls Industries (NYSE: HII) has been awarded a potential $187.5M contract by the U.S. Navy for design and engineering of one America-class amphibious warfare vessel.
Read More »Premo Sabbatini, Rick Spaulding Take New Leadership Roles at HII
Huntington Ingalls Industries (NYSE: HII) has promoted Premo Sabbatini, amphibious assault ship program manager at Ingalls Shipbuilding division, to vice president of central planning and process excellence at the division.
Read More »McAleese & Associates: HII Records 8% Growth in Q2 2019 Sales
A new McAleese & Associates report says Huntington Ingalls Industries (NYSE: HII) saw its sales rise 8 percent to $2.2B, primarily driven by a 7 percent revenue growth at HII’s Newport News Shipbuilding division and a 38 percent sales increase at technical solutions segment.
Read More »McAleese & Associates: Investors Expect HII to Hit 10% Shipbuilding Margins in 2019
A new report by consulting firm McAleese & Associates says investors expect Huntington Ingalls Industries (NYSE: HII) to return to 10 percent shipbuilding operating margins in 2019. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the figure could be driven by five ship deliveries this …
Read More »HII Hosts Christening of Navy’s USS Tripoli Amphibious Assault Ship
TYSONS CORNER, VA, Sept. 19, 2017 — Huntington Ingalls Industries (NYSE: HII) and the U.S. Navy have held the christening ceremony for the USS Tripoli America-class multi-purpose amphibious assault ship in Mississippi, ExecutiveBiz reported Monday. The company said Saturday Lynne Mabus, wife of former Navy Secretary Ray Mabus, served as the ship sponsor while …
Read More »HII to Design, Build Landing Helicopter Assault Replacement Ship Under $3B Navy Contract Modification
Huntington Ingalls Industries (NYSE: HII) has received a potential $3.01 billion contract modification to design and construct a Landing Helicopter Assault Replacement Flight 1 amphibious assault ship for the U.S. Navy. The Defense Department said Friday work under the fixed-price-incentive will primarily occur in Mississippi, Wisconsin, Maryland, Florida, Pennsylvania, Ohio and Georgia through January 2024. …
Read More »Boeing, Leonardo DRS Subsidiary Land Navy Contracts for Destroyer Ethernet Installation Support
Boeing (NYSE: BA) and a Leonardo DRS subsidiary have received contracts worth up to $192.8 million combined to install Gigabit Ethernet Data Multiplex System hardware aboard the U.S. Navy’s DDG 51-class destroyers. The firm-fixed-price contracts also cover the provision of spare parts and checkout repair services for AN/USQ-82(V) GEDMS in support of Arleigh Burke-class …
Read More »Navy Awards Long-Lead Ship Materials Procurement Funds to General Dynamics, Huntington Ingalls
The U.S. Navy has awarded separate contract modifications to General Dynamics‘ (NYSE:GD) NASSCO subsidiary and Huntington Ingalls Industries‘ (NYSE:HII) Ingalls Shipbuilding division to obtain long-lead time materials needed for the production of two Navy ships. The Defense Department said Monday that Ingalls Shipbuilding will supply machinery control system components and software; cargo and aircraft elevators; …
Read More »Huntington Ingalls Awarded Potential $3B Navy Amphibious Assault Ship Contract
Huntington Ingalls Industries (NYSE: HII) has received a potential $3.1 billion from the U.S. Navy to proceed on the planning, engineering and procurement of long lead time materials for an amphibious assault ship. The Defense Department said Thursday HII will conduct work in Mississippi, Wisconsin, California, Georgia, Pennsylvania and other locations to support the LHA 8 assault ship. LHA 8 is a future amphibious …
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