$HII (Huntington Ingalls Industries, Inc.)

$HII {{ '2016-09-16T08:36:04+0000' | timeago}} • Announcement

Military shipbuilding company $$HII said the US Navy has awarded its subsidiary, AMSEC, a 4-year contract to provide logistical support to naval operating, joint and coalition forces. The contract has a potential value of $24MM if fully funded and all options exercised.

$HII {{ '2017-12-19T17:22:36+0000' | timeago}} • Announcement

$HII's Newport News Shipbuilding division was awarded a contract from General Dynamics Electric Boat worth up to $468MM to begin work on integrated product and process development for the US Navy’s new Columbia-class submarines. Construction of the 12-submarine Columbia class is expected to begin in FY21 with the first delivery to the Navy in 2028.

$HII {{ '2017-12-05T21:07:50+0000' | timeago}} • Announcement

$HII appointed Duane Bourne to its corporate communications team as a manager of media relations. He will succeed Christie Miller, who has accepted a position on the communications team at $HII's Newport News Shipbuilding division. Bourne will serve as $HII's spokesperson for Newport News Shipbuilding.

$HII {{ '2017-11-29T15:40:12+0000' | timeago}} • Announcement

$HII said five unions at its Ingalls Shipbuilding division have approved an extension of their collective bargaining agreements with the company. As part of a four-year extension, a $2,500 lump sum payment will be awarded in March 2018, a $0.65 raise will come on March 11, 2019, a $0.67 raise on March 9, 2020, and an $0.82 raise on March 8, 2021.

$HII {{ '2017-11-17T15:43:40+0000' | timeago}} • Announcement

$HII priced its offering of $600MM of 3.483% Senior Notes due 2027. The offering is expected to close on Dec. 1, 2017. The company plans to use the net proceeds to redeem all of its $600MM of 5% Senior Notes due 2021.

$HII {{ '2017-10-18T14:33:11+0000' | timeago}} • Announcement

$HII's Newport News Shipbuilding division received a $59.7MM contract from the U.S. Navy for planning and executing the overhaul of the submarine USS Boise (SSN 764).

$HII {{ '2017-10-04T17:29:51+0000' | timeago}} • Announcement

$HII entered into a multi-year agreement with Ivis Technologies that allows Ivis to market and sell an innovative compliance management software developed with $HII's compliance expertise and Ivis's software expertise. $HII and Ivis worked together to develop a lean governance, risk and compliance (GRC) system.

$HII {{ '2017-09-28T22:04:50+0000' | timeago}} • Announcement

$HII's Technical Solutions division was awarded a $25MM indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, multiple-award contract from the US Navy. The three-year contract includes two one-year option periods, which, if exercised, could bring the value of the contract to $43MM. This is one of four multiple-award contracts.

$HII {{ '2017-09-26T20:13:17+0000' | timeago}} • Announcement

Military shipbuilding company $HII said it has reached an agreement with Ivis Technologies, a software firm, to allow the latter to sell an innovative compliance management software jointly developed by the companies. The governance, risk and compliance system has been designed to simplify the complexities of compliance management.

$HII {{ '2017-08-29T22:17:46+0000' | timeago}} • Announcement

$HII's Technical Solutions division was awarded an OASIS task order on a contract for technical and engineering support of the US Marine Corps’ CBRNE Consequence Management program. The task order includes four one-year option periods, which, if exercised, could bring the total contract value to $78MM. The work is expected to be completed in 2022.

$HII {{ '2017-08-23T14:51:41+0000' | timeago}} • Announcement

$HII's Ingalls Shipbuilding division received contract to repair the guided missile destroyer USS Fitzgerald (DDG 62) when it returns to the U.S. The ship will be brought to Ingalls' facilities in Pascagoula for the repairs. Ingalls has a history of repairing damaged Navy ships, including the frigate USS Stark (FFG 31) and USS Cole (DDG 67).

$HII {{ '2017-08-22T18:59:07+0000' | timeago}} • Announcement

$HII named Don Godwin as the vice president of business management and CFO for its Newport News Shipbuilding division, effective Sept 5. In this new role, Godwin will report to shipyard’s president, Jennifer Boykin. He succeeds Mike Helpinstill.

$HII {{ '2017-07-25T16:50:05+0000' | timeago}} • Announcement

$HII has declared a quarterly cash dividend of $0.60 per share, payable on September 8, 2017, to shareholders of record as on August 25, 2017.

$HII {{ '2017-07-24T21:55:13+0000' | timeago}} • Announcement

$HII said the Department of Energy’s National Nuclear Security Administration issued a notice to proceed to Mission Support and Test Services LLC, a JV including $HII, $HON and its equity partners SN3, and $JEC. The notice allows MSTS to begin transition activities for management and operation of the Nevada National Security Site on Aug. 1, 2017.

$HII {{ '2017-06-27T20:51:09+0000' | timeago}} • Announcement

$HII said its Technical Solutions division received a $37.7MM task order from the US Navy, for guided missile cruiser USS Chosin. If all options are exercised, the value of the award would be $45MM. The company will provide depot-level maintenance, alterations and modifications to update and improve the ship’s military and technical capabilities.

$HII {{ '2017-06-26T18:05:42+0000' | timeago}} • Announcement

$HII said Ron A. Davis has joined the company as Chief Information Systems Officer. Davis will work in $HII’s Washington, DC, office and will report to Chris Kastner, EVP, Business Management, and CFO. Davis joins $HII from Vencore.

$HII {{ '2017-06-26T16:42:38+0000' | timeago}} • Announcement

Military shipbuilding company $HII said its Technical Solutions division has received a task order for engineering support services, from the Naval Sea Systems Command. The services are to be delivered at Combat Direction Systems Activity, Dam Neck. With all options exercised, the task order award will be valued at $40MM over the next five years.

$HII {{ '2017-06-16T21:59:06+0000' | timeago}} • Announcement

$HII’s Ingalls Shipbuilding division has been awarded a $3Bil contract for the detail design and construction of the amphibious assault ship Bougainville (LHA 8). Construction is scheduled to begin in 4Q18, and delivery is expected in 2024.

$HII {{ '2017-06-06T15:40:43+0000' | timeago}} • Announcement

$HII has appointed John Temple as VP of strategic sourcing at the company’s Newport News Shipbuilding division. Temple will immediately assume his new position and transition into the job with the help of Rob Hogan, who temporarily served as VP of both manufacturing and supply chain management.

$HII {{ '2017-05-31T17:17:14+0000' | timeago}} • Announcement

$HII announced that Ashley Godwin has been named director of federal policy. She will work in $HII’s Washington, D.C., office and will report to Jay Donnelly, vice president of program integration and assessment.

$HII {{ '2017-05-03T20:57:36+0000' | timeago}} • Announcement

$HII's BoD elected Jennifer R. Boykin to serve as EVP of $HII and President of $HII’s Newport News Shipbuilding division, effective July 1. She will succeed Matt Mulherin, who will retire on Aug. 1. Ms. Boykin will report to CEO Mike Petters.

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