Welcome to our dedicated page for Huntington Ingalls Inds news (Ticker: HII), a resource for investors and traders seeking the latest updates and insights on Huntington Ingalls Inds stock.
Huntington Ingalls Industries (HII) is America's largest military shipbuilder, delivering advanced naval defense systems and mission technologies. This page provides investors and industry professionals with verified updates on corporate developments shaping national security markets.
Access official press releases, earnings reports, and analysis of defense contracts. Track naval engineering milestones, government partnerships, and innovations from HII's Mission Technologies division through curated updates sourced directly from company communications.
Key updates include quarterly financial results, vessel delivery announcements, cybersecurity advancements, and Department of Defense procurement awards. All content adheres to financial disclosure standards for reliable decision-making.
Bookmark this page to monitor HII's strategic initiatives in military shipbuilding and unmanned systems through a single authoritative channel.
Huntington Ingalls Industries (NYSE: HII) hosted Chief of Naval Operations Adm. Mike Gilday at Newport News Shipbuilding to discuss major programs and investments in integrated digital shipbuilding. Gilday toured facilities for the Virginia-class submarines and aircraft carriers, emphasizing the importance of quality work for national security. Jennifer Boykin, president of Newport News, highlighted their commitment to safety, cost management, and technological innovations. HII remains a leading military shipbuilder with over 42,000 employees, focusing on operational efficiency and alignment with naval requirements.
Huntington Ingalls Industries (HII) will announce its first quarter 2021 financial results on May 6, 2021, followed by an earnings conference call at 9 a.m. Eastern Time. Investors and interested parties can access the call through HII’s website. Key executives, including CEO Mike Petters, will participate, providing insights alongside a slide presentation. HII, America’s largest military shipbuilder, continues to support various defense initiatives worldwide, employing over 42,000 people across its divisions.
Huntington Ingalls Industries (NYSE: HII) announced a contract modification for the construction of the 10th Virginia-class Block V submarine, adding $9.8 billion to its total contract value. This contract is part of a larger $22 billion deal awarded in December 2019 for nine submarines. Construction is expected to start in early 2024. The contract modification supports the continued production at two submarines per year, aiming to stabilize the industrial base. HII remains the largest military shipbuilder in the U.S., employing over 42,000 people.
Huntington Ingalls Industries (NYSE: HII) has announced the promotion of George Nungesser to vice president of program management, effective April 1. Nungesser will oversee profit and loss for program execution and act as the main liaison to the Navy and Coast Guard. He has been with Ingalls since 1988 and has managed the Arleigh Burke-class destroyer program since 2007, successfully delivering eight destroyers to the Navy. The company is a leader in military shipbuilding, employing over 42,000 people across its divisions.
Huntington Ingalls Industries (NYSE:HII) announced that seven apprentices from The Apprentice School at Newport News Shipbuilding were honored as Outstanding Apprentices of the Year for 2020 by the Virginia Department of Labor and Industry. This recognition highlights their excellence in various trade skills, including leadership and initiative. The Apprentice School offers tuition-free apprenticeships in multiple trades and partnerships with local colleges for degree programs. As the largest military shipbuilding company in the U.S., HII continues to emphasize the importance of workforce development.
Huntington Ingalls Industries (NYSE:HII) has been awarded a task order contract by the Naval Information Warfare Center (NIWC) Pacific’s Intelligence, Surveillance and Reconnaissance (ISR) department. The contract, valued at up to $250 million, includes a three-year base term with a two-year extension option. HII will provide development and engineering services, including data analysis and software development, supporting the Navy’s ISR systems and cybersecurity operations from its San Diego location. This award reinforces HII's commitment to innovative solutions for defense.
Huntington Ingalls Industries (HII) has announced a financial commitment to provide 20 nuclear and environmental scholarship awards, in conjunction with its sponsorship of the Waste Management Symposia (WMS) through the Roy G. Post Foundation. This initiative, unveiled during the WMS conference on March 10, 2021, also facilitates access to STEM educational resources for 60 educators. Michael Lempke emphasized HII's dedication to workforce development in critical infrastructure fields, showcasing its longstanding commitment to education and training.
Huntington Ingalls Industries (HII) has announced the election of Kari Wilkinson as executive vice president and president of Ingalls Shipbuilding, effective April 1. She will succeed Brian Cuccias, who is retiring on the same date. Cuccias has led Ingalls Shipbuilding since 2014, enhancing production and customer service amidst challenges. Wilkinson brings 25 years of experience at Ingalls, having previously served as vice president of program management and ship program manager. She has a background in naval architecture and marine engineering, with a strong focus on operational excellence.
Huntington Ingalls Industries (NYSE:HII) announced the launch of the Virginia-class submarine Montana (SSN 794) into the James River at Newport News Shipbuilding. This 7,800-ton submarine, approximately 92% complete, underwent five years of construction with contributions from around 10,000 shipbuilders and suppliers nationwide.
The Montana is set for delivery to the U.S. Navy in late 2021, following its final outfitting, testing, and crew certification, and signifies a critical step in modernizing the Navy's submarine fleet.
Huntington Ingalls Industries (HII) has initiated a new collaboration with Habitat for Humanity Peninsula and Greater Williamsburg, marking its 19th build project since 2002. The groundbreaking event, adhering to COVID-19 protocols, featured future homeowners Mickeia Hunter and her sons. Built on donated land, the three-bedroom, 1,200-square-foot home aims to provide a secure living environment for the Hunters. HII emphasizes its commitment to community building alongside its extensive military shipbuilding operations, highlighting the significance of family and stability in this endeavor.
