HII Positions Senior Team to Accelerate Newport News Shipbuilding Transformation and Execution

Rhea-AI Summary

HII's Newport News Shipbuilding division announced leadership changes aimed at optimizing operations and enhancing execution. Jennifer Boykin, president of Newport News Shipbuilding, highlighted the importance of these transformations in meeting Navy expectations for timely and budget-conscious ship deliveries. Key appointments include Matt Needy as vice president and chief transformation officer, and Bryan Caccavale as vice president of Navy programs. These changes support a multi-year modernization initiative to improve shipbuilding efficiency and are part of HII's commitment to advancing U.S. national security.

Positive

• Leadership changes to enhance operational efficiency and execution.
• Appointment of experienced leaders to critical roles.
• Continued focus on modernization and digital shipbuilding.

Negative

• None.

NEWPORT NEWS, Va., July 20, 2022 (GLOBE NEWSWIRE) -- All-domain defense and technologies partner HII’s (NYSE: HII) Newport News Shipbuilding division announced today several promotions designed to optimize its shipyard operations and accelerate execution.

“We have been on an aggressive journey to transform the way we run our business. Accomplishing this transformation while running our complex business is not a simple task,” said Jennifer Boykin, president of Newport News Shipbuilding. “Our Navy customer expects us to deliver ships on time and on budget so they can meet the evolving demands of the global security environment. Our ultimate success depends on the acceleration of these efforts led by experienced leaders.”

To support the transformation, Boykin announced several leadership changes, effective immediately.

Matt Needy moves to vice president and chief transformation officer, from vice president of Navy programs. In this new position, the 34-year shipyard veteran is responsible for the overall Newport News strategy execution, advanced development of business growth – including the next-generation attack submarine SSN(X), enterprise-wide continuous improvement, overall operational health, and risk-opportunity management.

Photos accompanying this release are available at: https://newsroom.hii.com/releases/hii-senior-team-accelerate-newport-news-shipbuilding-transformation-execution.

With Needy’s transition, Bryan Caccavale moves to vice president of Navy programs, from vice president of material and manufacturing. In this role, Caccavale’s diverse leadership and strong financial experience will benefit program execution and financial performance of the ships built and maintained by Newport News.

Additionally, the material and manufacturing parts of Newport News are being restructured back into two stand-alone divisions. Julia Jones remains vice president of manufacturing, while Cullen Glass, director of supply chain procurement, moves to vice president of supply chain management. In this role, Glass is responsible for all procurement, outsourcing and material logistics functions across Newport News.

Glass joined HII in 2019 as corporate director of enterprise transformation before joining the Newport News supply chain team. Prior to joining HII, he spent 18 years at Honeywell, including leadership roles in planning, manufacturing, information technology, logistics, order management and supply chain. He earned a bachelor’s degree in management from the College of St. Scholastica and an MBA from the Carlson School of Management at the University of Minnesota.

These leadership changes build on a multi-year shipyard modernization effort to enable safe and efficient delivery of the highest quality aircraft carriers and submarines. The modernization effort, including the shipyard’s Integrated Digital Shipbuilding program, has been instrumental in recent completion of the first USS Gerald R. Ford (CVN 78) planned incremental availability, launch of Virginia-class submarine New Jersey (SSN 796), and construction of the first digitally designed and built Ford-class carrier Enterprise (CVN 80).

HII is an all-domain defense and technologies partner, recognized worldwide as America’s largest shipbuilder. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and enable an all-domain force. Headquartered in Virginia, HII’s skilled workforce is 44,000 strong. For more information, please visit:

• HII on the web: https://www.hii.com/
• HII on Facebook: https://www.facebook.com/TeamHII
• HII on Twitter: https://www.twitter.com/WeAreHII
• HII on Instagram: https://www.instagram.com/WeAreHII

Contact:

Todd Corillo
Todd.T.Corillo@hii-co.com
(757) 688-3220

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d39073a1-4940-4a18-a40f-206060bfe3e1

 

FAQ

What leadership changes were made at HII's Newport News Shipbuilding?

HII announced several leadership changes to enhance operations, including the appointment of Matt Needy as vice president and chief transformation officer.

How does HII plan to meet the Navy's expectations with these changes?

The leadership changes are aimed at optimizing operations to ensure timely and budget-friendly ship deliveries for the Navy.

What is the role of the new vice president of Navy programs at HII?

Bryan Caccavale has been appointed vice president of Navy programs to benefit program execution and financial performance.

What modernization efforts are ongoing at HII?

HII is focusing on a multi-year modernization initiative, including the Integrated Digital Shipbuilding program to improve efficiency.