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Huntington Ingalls Inds Inc - HII STOCK NEWS

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.

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Huntington Ingalls Industries (HII) announced that its Technical Solutions division has secured a contract from the U.S. Department of Energy (DOE) Office of Environmental Management. This contract, awarded to Nationwide Remediation Partners—a joint venture led by HII Nuclear—has a maximum value of $3 billion and a 10-year ordering period. The partnership includes EnergySolutions Federal Support and Navarro Research and Engineering, enhancing HII’s capabilities in deactivation and decommissioning services. The contract is designed to assist various federal agencies in environmental management across the nation.

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Huntington Ingalls Industries (HII) has announced a reorganization within its Technical Solutions division, merging its Fleet Support and Mission Driven Innovative Solutions (MDIS) groups into a new entity called Defense and Federal Solutions. This restructuring follows strategic acquisitions and contract awards aimed at enhancing efficiency and customer service. Garry Schwartz will lead the newly formed group, focusing on national security challenges and advancing innovative solutions for government customers.

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Huntington Ingalls Industries (NYSE:HII) has received approval from the State Council of Higher Education for Virginia to operate The Apprentice School as a degree-granting institution. This certification enables the school to offer associates of applied science degrees across 26 disciplines, including maintenance electrician and marine designer. This milestone enhances the school's commitment to workforce development in response to the increasing demand for skilled workers. Final approval for specific programs is anticipated later this year, following an extensive evaluation process.

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Huntington Ingalls Industries (HII) has joined the Virginia Ready Initiative to assist unemployed Virginians in finding work swiftly. This initiative addresses the significant unemployment caused by COVID-19, focusing on developing skills for high-demand jobs in manufacturing and other sectors. HII's support includes financial backing for training programs and facilitating job opportunities for participants. Over 800,000 Virginians have filed for unemployment since the pandemic began, highlighting the urgent need for workforce development. HII aims to help revitalize the local economy through skill development and job placement.

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Huntington Ingalls Industries (NYSE:HII) announces its second quarter 2020 financial results release scheduled for August 6, 2020, at 9 a.m. ET. An earnings conference call will follow, accessible via the company’s website. HII remains the largest military shipbuilding firm in the U.S., with over 42,000 employees. The company's divisions have a legacy of building ships across numerous categories, supporting both domestic and international defense initiatives.

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Huntington Ingalls Industries (HII) has secured a $936 million contract for constructing an additional Arleigh Burke-class destroyer for the U.S. Navy. This follows a previous $5.1 billion multiyear contract awarded in 2018 for six destroyers. Ingalls Shipbuilding President Brian Cuccias emphasized the positive momentum this contract brings to HII and its extensive supplier network. Ingalls has successfully delivered 32 destroyers and currently has four more under construction, reinforcing its position as a leader in military shipbuilding.

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Huntington Ingalls Industries (NYSE: HII) has offered full-time positions to 60 high school seniors in coastal Mississippi and Alabama who completed specialized career technical education (CTE) training. This initiative, led by Ingalls Shipbuilding, aims to create a skilled workforce in shipbuilding. The students are poised to enter as entry-level skilled craftsmen and women, reflecting the company’s commitment to workforce development and industry readiness. HII emphasizes the importance of these training programs in establishing a robust talent pipeline for sustained operational success.

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Huntington Ingalls Industries (HII) has successfully moved the destroyer Delbert D. Black (DDG 119) to Pier Four in Pascagoula, marking the reopening of a key facility damaged by Hurricane Katrina. The 187-acre site features enhanced construction areas and a restored pier for ship docking. CEO Brian Cuccias highlighted the significance of this restoration for the company’s growth and commitment to modern shipbuilding. Over 100,000 tons of recycled concrete were used for infrastructure improvements, aiming to enhance safety and efficiency in operations.

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Huntington Ingalls Industries (NYSE:HII) will participate in Bernstein’s 36th annual Strategic Decisions Conference on May 28, 2020. The event features a discussion with HII President and CEO Mike Petters and CFO Christopher D. Kastner at 3 p.m. Eastern time. This interaction will be available via webcast on HII's investor relations website. HII is the largest military shipbuilding company in the U.S., with over 42,000 employees and a rich history of shipbuilding across various classes, supporting national security missions globally.

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Huntington Ingalls Inds Inc

NYSE:HII

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8.46B
38.89M
0.72%
95.77%
6.47%
Aerospace & Defense
Ship & Boat Building & Repairing
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