Tag Archives: amphibious assault ship

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 …

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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 …

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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. …

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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 …

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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; …

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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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General Dynamics Lands $157M Contract to Maintain Navy’s USS Essex

General Dynamics (NYSE: GD) NASSCO will maintain the USS Essex amphibious assault ship under a $156.5 million add-on contract for phased maintenance availability. The company will perform depot-level maintenance and overhaul to update the ship’s military and technical systems, General Dynamics said Thursday. General Dynamics will carry out the task through …

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