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Tag Archives: ingalls shipbuilding

McAleese & Associates: HII Reports 10% Growth in Year-to-Date Sales

A report by consulting firm McAleese & Associates says Huntington Ingalls Industries (NYSE: HII) saw its revenue rise 12 percent to $2.1B in the third quarter of 2018 with a year-to-date sales increase of 10 percent. HII posted $290M in Q3 total corporate profit, reflecting a 20 percent increase from the same period last year …

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HII Ingalls Shipbuilding Secures $97M USCG Contract for 11th National Security Cutter Components

The U.S. Coast Guard on Friday awarded Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division a $97M firm-fixed-price contract to procure materials for the 11th National Security Cutter. HII said Monday it will purchase long-lead items such as main propulsion systems, steel, generators, electrical switchboards and major castings for the Legend-class vessel …

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HII Ingalls Shipbuilding Begins Production of Future Coast Guard Cutter ‘Stone’

TYSONS CORNER, VA, September 18, 2018 — A Huntington Ingalls Industries (NYSE: HII) division has officially started the construction of a future Legend-class national security cutter during a keel-laying ceremony held with the U.S. Coast Guard, ExecutiveBiz reported Monday. The company said Friday Mississippi-based Ingalls Shipbuilding will now begin work on USCGC Stone, which is …

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Huntington Ingalls Gets $166M Navy Contract to Build Flight II Amphibious Transport Dock

Huntington Ingalls Industries (NYSE: HII) has received a potential $165.5 million contract from the U.S. Navy to obtain long-lead-time materials and conduct advance construction efforts for the first Flight II San Antonio-class amphibious transport dock. The company said Friday it will use contract funds to procure the future LPD 30 ship’s major components such as main engines, diesel …

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Navy Launches Future USS Frank E. Petersen Jr. Destroyer Built by Ingalls Shipbuilding

TYSONS CORNER, VA, July 19, 2018 — The U.S. Navy has launched the Huntington Ingalls Industries-built (NYSE: HII) Arleigh Burke-class guided missile destroyer designated DDG 121 at the company’s shipyard in Mississippi, ExecutiveBiz reported Tuesday. Ingalls Shipbuilding hosted the launch and “translation” from dry dock to water of the future USS Frank E. …

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HII Shipbuilding Unit Begins Fabrication of Flight III Arleigh Burke-Class Destroyer

TYSONS CORNER, VA, May 9, 2018 — A Huntington Ingalls Industries (NYSE: HII) business unit is currently building the U.S. Navy‘s future USS Jack H. Lucas guided-missile destroyer, which will be the first Arleigh Burke-class ship to feature the Flight III design, ExecutiveBiz reported Tuesday. The company said Monday Ingalls Shipbuilding has begun fabrication of the destroyer, …

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HII Promotes Eric Crooker to Ingalls Shipbuilding Contracts, Pricing VP

Eric Crooker, formerly director of contract administration at Huntington Ingalls Industries‘ (NYSE: HII) Ingalls Shipbuilding division, has been named vice president of contracts and pricing in the same division. He succeeds Don Perkins, who is due to retire on July 1, and will oversee contracts, pricing and estimating, import and export functions …

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HII Shipbuilding Division Gets Potential $181M Contract for Navy DDG 51 Destroyer Support

Huntington Ingalls Industries‘ (NYSE: HII) Ingalls Shipbuilding division has received a potential five-year, $181.4 million contract to provide follow-yard services for the U.S. Navy‘s DDG 51 class guided-missile destroyers. FYS efforts will include engineering, technical, material procurement and production support, as well as data and logistics management, lessons learned analysis, acceptance trials and post-delivery tests, the Defense Department said …

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HII Kicks Off Project to Restore Pascagoula East Bank Shipbuilding Facilities

TYSONS CORNER, VA, April 16, 2018 — Huntington Ingalls Industries (NYSE: HII) will reactivate its shipbuilding facilities on the Pascagoula River’s east bank in Mississippi in preparation for future naval ship construction and modernization programs, ExecutiveBiz reported Friday. HII said Thursday the two-year project, which will restore the original Ingalls …

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Christie Thomas Named HII Newport News Shipbuilding VP for Contracts, Pricing

Christie Thomas, formerly corporate director of investor relations at Huntington Ingalls Industries (NYSE: HII), has been named vice president of contracts and pricing for the company’s Newport News Shipbuilding division. HII said Friday Thomas succeeds Tom Johnston and will oversee the division’s contracts, pricing and export/import licensing and compliance functions in her new position. …

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