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Tag Archives: hii

James LaCroix Named Huntington Ingalls Advanced Tech Office Director

James LaCroix, a more than 35-year veteran of the U.S. Navy’s Naval Undersea Warfare Center, has joined Huntington Ingalls Industries (NYSE: HII) as corporate director in charge of advanced technologies. He will report to John Donnelly, vice president of the advanced technologies office at HII, and oversee its work with …

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Huntington Ingalls Awarded $932M Contract for Navy LCS Planning Yard Services

Huntington Ingalls Industries (NYSE: HII) has won a potential six-year, $931.7M contract from the U.S. Navy to provide planning yard services for in-service Littoral Combat Ships. HII said Wednesday its Ingalls Shipbuilding division will support the vessels’ post-delivery life cycle support and manage all maintenance and associated availability schedules. Ingalls …

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Robert Lightfoot to Join Lockheed’s Space Business as Strategy, BD VP; Rick Ambrose Quoted

Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin’s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, …

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Huntington Ingalls to Design, Build Navy’s Flight II Landing Platform Dock Under Potential $1.5B Contract

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $1.47B contract to build the first landing platform dock under the LPD-17 Flight II program. HII said Tuesday its Ingalls Shipbuilding division will perform detail design and construction of LPD 30, which will serve as the 14th vessel of …

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Huntington Ingalls Names New GM for San Diego Shipyard; Andy Green Quoted

TYSONS CORNER, VA, March 11, 2019 — Huntington Ingalls Industries (NYSE: HII) appointed shipbuilding industry veteran Carlos Aguayo earlier this month to serve as general manager of its San Diego shipyard, ExecutiveBiz reported Tuesday. Aguayo, who succeeded the recently retired Daniel Flood, is now in charge of strategy development, quality, …

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HII Completes Fulcrum Acquisition

Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Centreville, Va.-based Fulcrum IT Services as part of efforts to broaden predictive threat analytics and situational awareness offerings. HII said Monday Fulcrum will run as part of its technical solutions division and will bring capabilities in cybersecurity, engineering, software development, …

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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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BAE, General Dynamics, HII to Extend Amphibious Ship Maintenance Work Under $407M Navy Contract Option

The U.S. Navy has exercised the third option period on indefinite-delivery/indefinite-quantity contracts with BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to maintain the military branch’s amphibious ships. Each contractor will have the chance to vie for complex, emergent and continuous maintenance orders under firm-fixed-price contract modifications, the Department of Defense …

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HII Shipbuilding Division Secures $15B Contract to Build Two Navy Aircraft Carriers

Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division will design and build two Gerald R. Ford-class aircraft carriers for the U.S Navy under a $15.2B contract modification. The company said Thursday it will construct the future Enterprise vessel, designated CVN 80, and the yet-to-be-named CVN 81 ship. Jennifer Boykin, president of Newport Shipbuilding, said …

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Huntington Ingalls to Buy Fulcrum in Gov’t IT Services Market Push; Andy Green Quoted

Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Fulcrum IT Services for an undisclosed sum in a move to grow predictive threat analytics and situational awareness offerings for the government sector. The deal is expected to be completed in February and would add cybersecurity, software development, big data, special operations and engineering …

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