Tag Archives: Mike Petters

Christopher Kastner, executive vice president and chief financial officer of Huntington Ingalls Industries (NYSE: HII), has been promoted to serve as chief operating officer. Kastner will be succeeded by Thomas Stiehle, current CFO for HII’s Ingalls Shipbuilding division, as finance chief of the company. Both appointments are effective Feb. 12.

Oroco Capital to Buy AECOM Civil Construction Business; Troy Rudd Quoted AECOM has entered into a definitive agreement to sell its civil construction business, including the Shimmick Construction unit, to Oroco Capital. AECOM said Thursday it expects to complete the sale in January upon the satisfaction of customary closing conditions. ArchIntel Releases Extended Competitive Intelligence …

Kathy Warden – chairman, CEO and president of Northrop Grumman (NYSE: NOC) and a 2020 Wash100 winner -- has been appointed to succeed Kelly Ortberg as chairman of the Aerospace Industries Association's board of governors. AIA named Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, as vice chairman.

Chad Boudreaux, corporate vice president of litigation and chief compliance officer at Huntington Ingalls Industries (NYSE: HII), will assume new roles as executive VP and chief legal officer of the company beginning on April 1.

Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Pocasset, Mass.-based marine robotics provider Hydroid from Kongsberg Maritime for approximately $350M to expand its capabilities in the autonomous and unmanned maritime systems market.

Bharat Amin, former vice president and chief information officer at Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division, has been named executive VP and CIO of the company.

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.

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 …

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 …

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 …