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Tag Archives: Newport News Shipbuilding

HII Awarded $24M for Sustainment Work on USS George H.W. Bush

TYSONS CORNER, VA June 24, 2015 — ExecutiveBiz reported Tuesday on the U.S. Navy awarding $23.8 million to Huntington Ingalls Industries (NYSE: HII) subsidiary Newport News Shipbuilding for modernization work on the USS George H.W. Bush (CVN 77) aircraft carrier. Chris Miner, vice president for in-service aircraft carrier programs at …

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Mike Petters Sees HII on ‘Front Edge’ of Kennedy Carrier Contract

TYSONS CORNER, VA March 10, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on Huntington Ingalls Industries receiving $23 million from the U.S. Navy as a follow-on contract to continue building the USS John F. Kennedy (CVN-79) aircraft carrier. HII CEO Mike Petters expects more contract awards toward further ramping up …

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Huntington Ingalls Reports 2% Revenue Jump for FY 2014; Mike Petters Comments

Huntington Ingalls Industries (NYSE: HII) has announced financial results for the fourth quarter and full 2015 fiscal year ended Dec. 31, 2014. The shipbuilding giant said its revenue grew 2 percent to $6.96 billion from 2013 figures, profit rose to $338 million over the prior year and the operating margin …

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Huntington Ingalls to Refuel Navy’s George Washington Carrier; Chris Miner Comments

Huntington Ingalls Industries (NYSE: HII) has received a $224 million contract modification to refuel and update the U.S. Navy’s USS George Washington aircraft carrier. The company will also deliver pumps, breakers, valves and steel for the structural fabrication of the ship, Huntington Ingalls said Wednesday. Chris Miner, vice president for …

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Huntington Ingalls Buys Undersea Drone Builder; Matt Mulherin Comments

Huntington Ingalls Industries (NYSE: HII) has acquired the underwater drone manufacturing business of Columbia Group for an undisclosed amount. The division will operate as a subsidiary known as Undersea Solutions Group within Newport News Shipbuilding’s submarine and fleet support division, Huntington Ingalls said Friday. Matt Mulherin, HII corporate vice president and Newport News Shipbuilding president, …

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Bharat Amin to Assume VP, CIO Roles at Huntington Ingalls Subsidiary

Bharat Amin, formerly chief information officer at BAE Systems‘ land and armaments division, will join Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division on Dec. 15 as vice president and CIO. He will lead strategic direction and information systems management in his new position and succeeds Leni Kaufman, who …

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Ray Bagley Appointed Huntington Ingalls Division Trades Operations VP; Matt Mulherin Comments

Ray Bagley, a 40-year veteran of Huntington Ingalls Industries (NYSE: HII), has been named vice president for trades operations within the company’s Newport News Shipbuilding division. His appointment is effective Dec. 8 and he succeeds Danny Hunley, who plans to retire at the end of the year after more than four …

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General Dynamics-Huntington Ingalls Team Awarded $18B to Build Subs; Jeffrey Geiger, Matt Mulherin Comment

General Dynamics (NYSE: GD) Electric Boat subsidiary and Huntington Ingalls’ (NYSE: HII) Newport News Shipbuilding will continue to jointly construct submarines for the U.S. Navy under a $17.6 billion contract. The team will work to develop 10 additional Virginia-class Block IV submarines over five years beginning on May 1 and …

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Huntington Ingalls Buys Engineering Services Firm S.M. Stoller; Matt Mulherin Comments

Huntington Ingalls Industries (NYSE:HII) has purchased consulting and engineering services provider The S.M. Stoller Corp. for an undisclosed amount. Stoller will operate as a subsidiary of Huntington Ingalls within the Newport News Shipbuilding division, HII said Thursday. Matt Mulherin, HII corporate vice president and NNS president, said the acquisition is intended …

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