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Tag Archives: Mike Petters

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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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 Names Michael Smith as SN3 President, Scott Stabler as EVP, Chief Transformation Officer

Michael Smith, formerly executive vice president for strategy and development at Huntington Ingalls Industries (NYSE: HII), has been named president of HII’s SN3 business. He will directly report to Michael Lempke, president of the company’s nuclear and environmental group, HII said Wednesday. HII’s strategy and development group will report to Chris Kastner, EVP …

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Huntington Ingalls CEO Named Board Member at National Association of Manufacturers

TYSONS CORNER, VA, Oct. 17, 2017 — Huntington Ingalls Industries (NYSE: HII) CEO Mike Petters has been added to the National Association of Manufacturers’ board of directors, where he will help advance manufacturing policy agenda, GovCon Executive reported Monday. NAM said Friday Petters joins other industrial leaders in working to promote the trade association’s …

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Jennifer Boykin to Succeed Matt Mulherin as HII Newport News Shipbuilding Division President

Jennifer Boykin, vice president of engineering and design at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted to president of the division and executive vice president of the company, effective July 1. She will succeed Matt Mulherin, who will retire from the company by Aug. 1 after after a 36-year …

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GovCon Leaders Featured in List of 50 ‘Most Influential’ Virginians for 2017

TYSONS CORNER, VA, March 21, 2017 — The Virginia Business magazine has named several leaders in the government contracting sector in its list of the 50 “Most Influential” Virginians for 2017, GovCon Executive reported Thursday. The Northern Virginia Technology Council said March 13 some of its board members, representatives of board member companies …

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Weekly Roundup January 30 – February 3 2017: The 28 CEOs in This Year’s Wash100 & more

Weekly Roundup January 30 – February 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Our fourth annual Wash100 list of Government Contracting’s Most Influential Figures hit the presses last week to recognize leaders in the public and private sectors and those …

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Huntington Ingalls Launches $1B Govt Services Segment As $380M Camber Buy Closes

Huntington Ingalls Industries (NYSE: HII) has officially launched its new government services business segment upon the completion of the Newport News, Virginia-based military shipbuilder’s $380 million purchase of Camber Corp. announced in November. Huntington Ingalls said Friday the segment will operate under the name of HII Technical Solutions and offer professional services to government and commercial customers worldwide as Camber joins …

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Leidos’ Roger Krone Joins Board of Governors at Aerospace Industries Association

TYSONS CORNER, VA, Nov. 22, 2016 —  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectively serve as …

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Huntington Ingalls CEO: Shipbuilder Gains Prime Contract Opportunities Through Camber Purchase

Huntington Ingalls Industries (NYSE: HII) believes its pending $380 million acquisition of Camber Corp. gives the military shipbuilder increased opportunities through prime contract vehicle positions in government services for work previously only available as a subcontractor, HII CEO Mike Petters told investors Thursday. Camber posted $364 million in revenue and holds prime positions on five government-wide …

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