$HII (Huntington Ingalls Industries, Inc.)

$HII {{ '2016-08-10T15:11:22+0000' | timeago}} • Announcement

$HII said its Newport News Shipbuilding division has reached a major milestone in the construction of the submarine Indiana (SSN 789). The 16th Virginia-class submarine has reached "pressure hull complete," signifying that all of its hull sections are joined to form a single, watertight unit.

$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.

$HII {{ '2017-05-03T15:24:06+0000' | timeago}} • Announcement

$HII's BoD declared a quarterly cash dividend of $0.60 per share. The dividend is payable on June 9, 2017, to shareholders of record as of the close of business on May 26, 2017.

$HII {{ '2017-04-11T17:12:27+0000' | timeago}} • Announcement

$HII's Technical Solutions division has received a contract to provide engineering services and installation support to Naval Sea System Command’s Naval Surface Warfare Center Philadelphia Division. If all options are exercised, the cost-plus-fixed-fee contract, worth approx $39MM, is expected to be completed by April 2022.

$HII {{ '2017-04-03T16:18:40+0000' | timeago}} • Announcement

$HII said the newest Virginia-class submarine (VCS), Washington (SSN 787), successfully completed its initial sea trials on April 2, 2017. Sea trials test the submarine's capabilities at sea. Washington was built as part of a teaming agreement between $HII's Newport News Shipbuilding division and $GD Electric Boat.

$HII {{ '2017-03-16T20:49:36+0000' | timeago}} • Announcement

$HII's Technical Solutions division received a modification to a previously awarded contract to provide maintenance, modernization and Chief of Naval Operations availabilities on amphibious-class ships homeported in San Diego. Work will be performed by the Fleet Support Group and, if all options are exercised, completion is expected by March 2018.

$HII {{ '2017-02-17T19:15:44+0000' | timeago}} • Announcement

$HII announced that its Board of Directors has declared a quarterly cash dividend of $0.60 per share, payable on March 10, 2017, to shareholders of record as of March 3, 2017.

$HII {{ '2016-12-02T14:38:47+0000' | timeago}} • Announcement

$HII Technical Solutions will be led by Andy Green, who will serve as EVP of $HII and president of the Technical Solutions segment, reporting directly to Mike Petters. Green currently serves as corporate VP of corporate development, with responsibility for all business development activities related to marine technical services and shipbuilding.

$HII {{ '2016-12-02T14:36:36+0000' | timeago}} • Announcement

$HII agreed to buy Camber Corp. for $380MM, which includes about $25MM of tax benefits. The planned acquisition has been approved by $HII BoD and is expected to close in late 2016. The transaction is expected to be accretive to EPS and cash flow in the first full year and will be funded with cash on the balance sheet.

$HII {{ '2016-11-02T23:44:00+0000' | timeago}} • Announcement

$HII agreed to acquire Camber Corporation, a government services company headquartered in Huntsville, Alabama. The planned acquisition has been approved by the $HII Board of Directors and is expected to close in late 2016.

$HII {{ '2016-11-02T19:26:17+0000' | timeago}} • Announcement

$HII increased its quarterly cash dividend by 20% to $0.60 per share. The dividend is payable on Dec. 9, 2016, to shareholders of record as of the close of business on Nov. 25, 2016.

$HII {{ '2016-11-01T22:38:19+0000' | timeago}} • Announcement

$HII has elected Maj. Gen. Augustus Leon Collins to its BoD. Collins served in the U.S. Army and the Mississippi National Guard for over 35 years, holding numerous command and staff positions.

$HII {{ '2016-10-21T16:49:11+0000' | timeago}} • Announcement

$HII appointed Susan Jacobs as VP of human resources and administration at the company's Newport News Shipbuilding division. She will assume her new role on Dec. 2, 2016. The position is currently held by Bill Bell, who is retiring after 34 years of service.

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