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Tag Archives: huntington ingalls industries

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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Retired Vice Adm. Joseph Tofalo Named Huntington Ingalls Program Integration, Assessment VP

Joseph Tofalo, a retired U.S. Navy vice admiral, has been appointed vice president of program integration and assessment at Huntington Ingalls Industries (NYSE: HII). HII said Monday Tofalo succeeds Jay Donnelly, who will transition to a new role as corporate VP of advanced technologies, and will work with government, academic and industry organizations that aim …

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Huntington Ingalls Awarded $228M USS Enterprise Material Procurement Funds

Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division has received a $228.8M contract modification to obtain additional materials necessary to build a third Gerald R. Ford-class aircraft carrier for the U.S. Navy. The modification expands the scope of a previously awarded contract for USS Enterprise (CVN 80) long lead-time items, the Department …

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GD Electric Boat, HII, Oceaneering Win Navy Submarine Safety Support Contracts

A General Dynamics (NYSE: GD) subsidiary, Huntington Ingalls Industries (NYSE: HII) and Oceaneering International (NYSE: OII) have received five-year contracts to support safety and material work aboard the U.S. Navy’s submarines. The Defense Department said Wednesday the indefinite-delivery/indefinite-quantity contracts cover support for Virginia-class, Seawolf-class, Ohio-class and Los Angeles-class submarines. The contractors …

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HII Shipbuilding Business Gets $931M in Contracts for 10th, 11th National Security Cutters

A Huntington Ingalls Industries (NYSE: HII) division has secured two contracts worth $930.9M combined to build the 10th and 11th National Security Cutters for the U.S. Coast Guard. HII’s Ingalls Shipbuilding business will develop NSC 10 under the $468.75M fixed-price-incentive contract and NSC 11 under the $462.13M contract, the company said Friday. “This …

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HII Launches Latest Virginia-Class Navy Sub Ahead of Testing, Crew Certification

TYSONS CORNER, VA, December 19, 2018 — Huntington Ingalls Industries (NYSE: HII) has rolled out a Virginia-class nuclear-powered submarine that it built with General Dynamics‘ (NYSE: GD) Electric Boat business, two months after the vessel’s christening as USS Delaware, ExecutiveBiz reported Tuesday. HII said Monday its Newport News Shipbuilding division launched …

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Navy Vet Herman Shelanski Joins Huntington Ingalls as Shipbuilding Business Dev’t VP

Herman Shelanski, former inspector general of the U.S. Navy, has been named vice president of business development at Huntington Ingalls Industries‘ (NYSE:HII) Newport News Shipbuilding division. The retired vice admiral will report to Newport Shipbuilding President Jennifer Boykin, the company said Thursday. “During his tenure, he became known for his visionary …

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McAleese & Associates: Richard Spencer on Two-Carrier Buy, Other Navy Priorities

Consulting firm McAleese & Associates has issued a report that outlines some of the priorities of Navy Secretary Richard Spencer. Spencer said Thursday during a Center for Strategic and International Studies event that the Navy has begun to work with Huntington Ingalls Industries (NYSE: HII) on a possible two-carrier contract. “We are going to get …

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HII Acquires Cybersecurity Firm G2; Baird’s John Song Comments

Huntington Ingalls Industries (NYSE: HII) has purchased Annapolis Junction, Md.-based cybersecurity services provider G2 for an undisclosed amount in a move to grow its professional services business and portfolio of information assurance and cyber offerings. HII said Monday it will integrate G2 into its technical solutions division led by Andy Green. …

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McAleese & Associates: HII Optimistic on FY 2018-2019 Shipbuilding Funds in Bipartisan Budget Act

Consulting firm McAleese & Associates has issued a report saying Huntington Ingalls Industries (NYSE: HII) is “ecstatic” about the Bipartisan Budget Act’s shipbuilding funds for fiscal years 2018 and 2019. “[W]e are in a great spot because ships have been authorized and appropriated in the 2018-2019 window, which takes a lot …

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