Articles from HII

NEWPORT NEWS, Va., March 04, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that shipbuilders at its Newport News Shipbuilding division have successfully installed the first valve manifold assembly created by additive manufacturing technology on a new construction aircraft carrier.

MCLEAN, Va., Feb. 27, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a task order valued at approximately $70 million to support the safe use of U.S. Air Force systems and software and the implementation of government-mandated information security requirements.

NEWPORT NEWS, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) will participate in Citi’s Global Industrial Tech and Mobility Conference on Feb. 18. A conversation with HII President and CEO Chris Kastner will begin at 7:10 a.m. Eastern time and will be webcast on ir.hii.com.

PASCAGOULA, Miss., Feb. 07, 2025 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division awarded $95,600 in STEM grants today to 22 local schools and educational organizations, reinforcing the company’s commitment to fostering innovation and critical thinking among youth. The grants will support a variety of hands-on projects, classroom technology enhancements, and STEM-focused curriculums.

NEWPORT NEWS, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) reported fourth quarter 2024 revenues of $3.0 billion compared to $3.2 billion in the fourth quarter of 2023. The decrease was driven by lower volume at all segments compared to the prior year.

PASCAGOULA, Miss., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division along with representatives from the U.S. Navy, Accelerate Mississippi and Mississippi Gulf Coast Community College (MGCCC), celebrated the opening of a virtual reality (VR) welding lab at the shipyard Wednesday. The new facility makes it easier and safer for welders to hone their skills, and enhance HII’s ability to grow the number of proficient shipbuilders with this essential skillset.

NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that Derek Murphy has been promoted to vice president of new construction aircraft carriers at its Newport News Shipbuilding division.

NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, payable on March 14, 2025, to shareholders of record as of the close of business on Feb. 28, 2025.

PASCAGOULA, Miss., Jan. 29, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) Ingalls Shipbuilding division began fabrication of the U.S. Navy’s newest San Antonio-class amphibious transport dock Philadelphia (LPD 32) Monday. The start of fabrication signifies that the first 100 tons of steel have been cut for the ship.

MCLEAN, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a task order valued at approximately $296 million to support U.S. Air Forces in Europe-Air Forces in Africa’s (USAFE-AFAFRICA) air and space operations around the globe.

Operations Are Underway at Newport News Shipbuilding Charleston Operations

NEWPORT NEWS, Va., Jan. 16, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) will release its fourth quarter 2024 financial results on Thursday, Feb. 6 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII’s website: https://www.hii.com/

PASCAGOULA, Miss., Jan. 11, 2025 (GLOBE NEWSWIRE) -- HII (NYSEHII) christened San Antonio-class amphibious transport dock Harrisburg (LPD 30) today at the company’s Ingalls Shipbuilding division.

PASCAGOULA, Miss., Dec. 10, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that Jennifer Childs has been named vice president of quality and engineering of the company’s Ingalls Shipbuilding division, effective Jan. 6, 2025. She succeeds Brian Blanchette, incoming vice president of HII and president of Ingalls Shipbuilding.

PASCAGOULA, Miss., Dec. 10, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division and the U.S. Department of Labor’s Job Corps program, partnered to host a two-day recruiting event to offer students a direct career path to a job in the shipbuilding industry. The event attracted over 120 students from across 20 states who interviewed for positions in key trades, including welding, electrical, and machining. By the event’s conclusion, 68 students received job offers to begin their careers at HII.

NEWPORT NEWS, Va., Dec. 07, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) today christened Virginia-class submarine Arkansas (SSN 800) at the company’s Newport News Shipbuilding (NNS) division.

PASCAGOULA, Miss., Dec. 06, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division successfully undocked USS Zumwalt (DDG 1000), the lead ship of the U.S. Navy’s Zumwalt-class of guided missile destroyers, taking the ship one step closer to testing and returning to the U.S. Navy fleet.  

MCLEAN, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) was awarded a $6.7 billion contract to provide electronic warfare engineering and technical services support for the U.S. Air Force. The indefinite delivery/indefinite quantity contract is the largest ever awarded to HII’s Mission Technologies division.

NEWPORT NEWS, Va., Dec. 04, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that it has entered into a definitive agreement to acquire substantially all of the assets of W International SC, LLC and Vivid Empire SC, LLC (collectively “W International”), a South Carolina-based complex metal fabricator specializing in the manufacture of shipbuilding structures, modules and assemblies.

NEWPORT NEWS, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) --

PASCAGOULA, Miss., Nov. 22, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding authenticated the keel today of Arleigh Burke-class guided missile destroyer Sam Nunn (DDG 133). The ship’s name honors Samuel Augustus Nunn Jr., a former U.S. senator from Georgia and co-founder of the Nuclear Threat Initiative. Nunn was in attendance for the ceremony and was joined by his daughter and ship sponsor, Michelle Nunn.

PASCAGOULA, Miss., Nov. 20, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division welcomed Gen. Eric Smith, the 39th commandant of the U.S. Marine Corps, for an official visit to the shipyard on Wednesday. During his visit, Smith met with Ingalls leadership and toured the shipyard, including two amphibious warships currently under construction, Bougainville (LHA 8) and Harrisburg (LPD 30).

NEWPORT NEWS, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Newport News Shipbuilding division has successfully transferred the mid-body hull section of Gerald R. Ford-class aircraft carrier Enterprise (CVN 80), allowing the shipyard to begin the concurrent assembly of two Gerald R. Ford-class aircraft carriers in the same dry dock.

NEWPORT NEWS, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII), America’s largest military shipbuilder and provider of all-domain defense solutions, is celebrating National Apprenticeship Week from Nov. 17-23, honoring the essential role of apprenticeships in workforce development and skills training.

NEWPORT NEWS, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Newport News Shipbuilding division has completed post-shakedown availability (PSA) work on Virginia-class fast attack submarine USS Montana (SSN 794). The submarine was redelivered to the U.S. Navy Tuesday.

McLEAN, Va., Nov. 06, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a $197 million contract to support the U.S. Army Combat Capabilities Development Command’s Ground Vehicle Systems Center (GVSC).

Jennifer Boykin to Retire; Brian Blanchette to Lead Ingalls Shipbuilding

NEWPORT NEWS, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) hosted United Kingdom defense leaders at the company’s Newport News Shipbuilding division Tuesday.

HII will deliver logistics services, ISR operations and next-gen technology in support of JADC2 strategy

NEWPORT NEWS, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook.

NEWPORT NEWS, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, a $0.05 increase over the $1.30 per share dividend paid in each of the prior four quarters. The $1.35 per share dividend will be payable on Dec. 13, 2024, to shareholders of record as of the close of business on Nov. 29, 2024.

NEWPORT NEWS, Va., Oct. 28, 2024 (GLOBE NEWSWIRE) -- All-domain defense and technologies provider HII (NYSEHII) announced today that the company’s scholarship fund, now in its ninth year, has awarded 194 scholarships to dependent children of HII employees for the 2024-2025 school year. Additionally, the fund renewed 94 previously awarded scholarships.

MCLEAN, Va., Oct. 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced that its Mission Technologies division will consolidate its six operational groups into four. The changes are designed to optimize the division for continued long-term growth.

MCLEAN, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced the promotion of John Bell to chief technology officer (CTO) for its Mission Technologies division.

NEWPORT NEWS, Va., Oct. 11, 2024 (GLOBE NEWSWIRE) -- HII, a provider of leading-edge technologies and national defense solutions, is proud to announce that 15 of its employees from across its three divisions have been recognized for their contributions to the fields of science, technology, engineering and mathematics (STEM) at the 2024 annual Women of Color STEM Conference.

MCLEAN, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division will lead one of the four new microelectronics projects stemming from the CHIPS and Science Act, which aims to strengthen the nation’s semiconductor manufacturing capabilities and reduce dependency on foreign sources of microelectronics.

MCLEAN, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a $75 million task order to provide systems engineering support for integrated training systems used onboard ships to enhance combat preparedness for sailors.

PASCAGOULA, Miss., Oct. 08, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division successfully launched on Saturday the first LPD Flight II, San Antonio-class amphibious transport dock ship Harrisburg (LPD 30), marking one of the first major milestones in the ship’s journey towards operational readiness.

PASCAGOULA, Miss., Oct. 05, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division hosted their second annual Project MFG Maritime Welding Competition, bringing together 19 local students from area high schools and career technical programs to showcase their welding skills. The competition served as an opportunity to highlight the vital role of skilled trades in the manufacturing industry and encourage students to pursue careers in trades critical to the nation’s industrial base.

NORFOLK, Va., Oct. 04, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Newport News Shipbuilding division is strengthening its collaboration and partnership with Old Dominion University. Leaders from both gathered today to mark the opening of the onsite NNS office located in the ODU Engineering Systems building on the university’s main campus in Norfolk, Va.

NEWPORT NEWS, Va., Oct. 04, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) hosted Gen. Charles Q. Brown Jr., chairman of the Joint Chiefs of Staff, at the company’s Newport News Shipbuilding division Thursday.

McLEAN, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a task order to conduct research that will enhance the development and evolution of navigation and autonomy technologies for the U.S. Air Force and broader U.S. Department of Defense.

NEWPORT NEWS, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) will release its third quarter 2024 financial results on Thursday, Oct. 31 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII’s website: https://www.hii.com/.

WILLOWBROOK, Ill., Oct. 02, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Mission Technologies division opened its new Advanced Materials and Coatings Lab (AMCL) facility in Willowbrook, Illinois. This state-of-the-art lab is dedicated to developing and manufacturing cutting-edge thermal space coatings for the aerospace industry, government and commercial space programs, and commercial satellite providers.

Work will enable rapid decision-making in battlespace

PASCAGOULA, Miss., Sept. 24, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Ingalls Shipbuilding division was awarded a $9.6 billion multi-ship procurement contract for the construction of three San Antonio-class (LPD 17) amphibious ships and a contract modification for the next America-class (LHA 6) large-deck amphibious ship. This combined procurement — the first of its kind for amphibious ships — begins the journey for the construction of LPDs 33, 34, 35 and LHA 10 for the U.S. Navy.

NEWPORT NEWS, Va., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Global all-domain defense provider HII (NYSEHII) announced today that Steve Powell, HII’s assistant treasurer for banking and capital markets, will become the company’s next corporate vice president and treasurer, effective Jan. 1, 2025. Powell will succeed D.R. “Rick” Wyatt, who will retire at the end of this year after more than four decades of service with the company.

MCLEAN, Va., Sept. 09, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Mission Technologies division has successfully built and delivered two REMUS 620 uncrewed underwater vehicles (UUVs) to the National Oceanic and Atmospheric Administration (NOAA) for enhanced high-resolution ocean floor mapping.

MCLEAN, Va., Sept. 06, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Mission Technologies division announced today that Amy Boyette, a former Department of Energy (DOE) official with more than 30 years of experience in environmental management and National Nuclear Security Administration (NNSA) operations, has joined the company’s Nuclear and Environmental Services (NES) business group as vice president of strategy and integration.

NEWPORT NEWS, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) hosted Acting Secretary of Labor Julie Su and Secretary of the Navy Carlos Del Toro today at the company’s Newport News Shipbuilding division where they recognized the efforts of the Hampton Roads Workforce Council (HRWC).

PASCAGOULA, Miss., Aug. 22, 2024 (GLOBE NEWSWIRE) -- San Antonio-class amphibious transport dock ship Richard M. McCool, Jr. (LPD 29) departed from HII’s (NYSEHII) Ingalls Shipbuilding division on Thursday, en route to its commissioning site in Pensacola, Florida.

MCLEAN, Va., Aug. 15, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a task order to support the U.S. Air Force’s efforts to recapitalize and sustain its fleet of presidential and executive aircraft. The contract is valued at over $30 million.

MCLEAN, Va., Aug. 12, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Mission Technologies division was awarded a $209 million contract to support the development and sustainment of the U.S. Air Force’s (USAF) fighter and bomber weapons systems and subsystems. The HII team will perform research and analysis that will support the USAF’s weapons systems development, sustainment and long-term strategy.

COLUMBIA, Md., Aug. 05, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Enlighten subsidiary marked a strategic expansion of operations with the opening of a new office facility in Columbia, Maryland, on July 31. The new office will serve as an important hub for innovation, collaboration, and growth across the company’s work with various branches of the U.S. military and national security agencies, as well as Enlighten’s continued leadership in providing solutions for big data analysis.

NEWPORT NEWS, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) hosted Chief of Naval Operations Adm. Lisa Franchetti at the company’s Newport News Shipbuilding division Wednesday.

NEWPORT NEWS, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) reported second quarter 2024 revenues of $3.0 billion, up 6.8% from the second quarter of 2023, driven by growth across all segments.

NEWPORT NEWS, Va., July 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on Sept. 13, 2024, to shareholders of record as of the close of business on Aug. 30, 2024.

MCLEAN, Va., July 23, 2024 (GLOBE NEWSWIRE) -- HII’s Mission Technologies division was awarded a $65 million task order to perform high-quality, specialized research and analysis for the Joint Staff J7, Deputy Director, Joint Warfighting Development.

NEWPORT NEWS, Va., July 18, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Newport News Shipbuilding (NNS) division has completed contracted work at the Naval Nuclear Laboratory’s Kenneth A. Kesselring Site in West Milton, New York.

NEWPORT NEWS, Va., July 15, 2024 (GLOBE NEWSWIRE) -- Shipbuilder and all-domain technologies provider HII (NYSEHII) hosted Rep. Robert C. “Bobby” Scott, D-Va.; Rep. Rob Wittman, R-Va.; and a delegation of Australian parliamentarians at its Newport News Shipbuilding division Friday.

PASCAGOULA, Miss., July 10, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) hosted Assistant Secretary of the Navy for Research, Development and Acquisition Nickolas Guertin at its Ingalls Shipbuilding division today.

NEWPORT NEWS, Va., July 03, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) will release its second quarter 2024 financial results on Thursday, Aug. 1 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII’s website: https://www.hii.com/.

PASCAGOULA, Miss., June 28, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division hosted 23 Mississippi educators for a two-week Educator Externship program at the company’s shipyard in Pascagoula. The program, which ran from June 3 – June 14, was facilitated by the Ingalls human resources and administration team and provided educators with the opportunity to work alongside shipbuilders throughout the yard.

NEWPORT NEWS, Va., June 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) today hosted a congressional delegation from the House Armed Services Committee at its Newport News Shipbuilding division to meet with shipyard leadership and a tour of the company’s facilities.

NEWPORT NEWS, Va., June 17, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Newport News Shipbuilding division, alongside U.S. Navy, city of Newport News and commonwealth of Virginia partners, announced today construction of a new parking garage that will enhance the working experience for NNS shipbuilders and sailors assigned to the shipyard.

CANBERRA, Australia, June 03, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Mission Technologies division announced the appointment of Tim Brown as vice president of operations and Terry Nichols as the managing director for two HII business areas in Australia.

PASCAGOULA, Miss., May 31, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSEHII) Ingalls Shipbuilding division recognized 42 shipbuilders who achieved the milestone of reaching 40 years of continuous service at the company. HII refers to this elite group whose careers span four decades supporting national defense as “master shipbuilders.”

NEWPORT NEWS, Va., May 22, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) will participate in Bernstein’s Strategic Decisions Conference on May 29. The conversation with HII President and Chief Executive Officer Chris Kastner will begin at 1:30 p.m. Eastern time and will be webcast on ir.hii.com.

NEWPORT NEWS, Va., May 21, 2024 (GLOBE NEWSWIRE) -- As New York City hosts the annual Fleet Week in celebration of the nation’s sea services, HII (NYSEHII) — the nation’s largest military shipbuilder and a sponsor of the Intrepid Museum’s commemoration of the event — is launching a hiring campaign to spotlight the contributions and rewards of building ships for the U.S. Navy.

NEWPORT NEWS, Va., May 17, 2024 (GLOBE NEWSWIRE) -- Shipbuilder and all-domain technologies provider HII (NYSEHII) hosted South Australia Premier Peter Malinauskas at its Newport News Shipbuilding division today.

NEWPORT NEWS, Va., May 15, 2024 (GLOBE NEWSWIRE) -- HII announced today that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The three-year SCA formally expands on the existing relationship between AWS and HII, in support of the company’s development and delivery of mission-critical capabilities.

MCLEAN, Va., May 06, 2024 (GLOBE NEWSWIRE) -- HII, the leading manufacturer of underwater unmanned vehicles (UUVs), announced the recent sale of three REMUS 100s and five REMUS 300s to the Royal Navy.

NEWPORT NEWS, Va., May 02, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) reported first quarter 2024 revenues of $2.8 billion, up 4.9% from the first quarter of 2023, driven primarily by growth at its Mission Technologies segment.

NEWPORT NEWS, Va., May 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on June 14, 2024, to shareholders of record as of the close of business on May 31, 2024.

NEWPORT NEWS, Va., April 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSEHII) announced today that its Newport News Shipbuilding division has delivered Virginia-class fast-attack submarine New Jersey (SSN 796) to the U.S. Navy.