HII Huntington Ingalls Industries Inc.

HII Awarded $3 Billion LOGIX Contract to Support National Defense

HII Awarded $3 Billion LOGIX Contract to Support National Defense

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

McLEAN, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $3 billion contract to provide strategic-level support to the U.S. Department of Defense (DOD) and its mission partners to enhance joint force capabilities and accelerate the application of solutions.

The Logistics Services, ISR Operations and Next-Gen Technology (LOGIX) task order directly aligns with the DOD’s Joint All-Domain Command and Control (JADC2) strategy to deliver information and decision advantage to enhance U.S. national security.

“HII is committed to delivering exceptional all-domain solutions to facilitate innovation and advancements at the speed of relevance,” said Andy Green, executive vice president of HII and president of HII’s Mission Technologies division. “We’re pleased for the opportunity to expand our role in support of the warfighter and to continue our collaborative partnerships with teammates, technology accelerators and academia for national security initiatives around the globe.”

HII has performed similar work under several contracts with the U.S. Navy and the U.S. Army’s Fixed Wing for more than a decade.

“LOGIX positions our team to expand our support to mission partners globally, partnering with DOD to provide world-class intelligence, integrated logistics, and emerging technologies and solutions to enhance and inform our mission partners’ decision space in a multi-domain contested environment,” said Todd Gentry, president of Mission Technologies’ All-Domain Operations group. “We’re honored to have been selected and are ready to execute.”

About HII

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.

As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

  • HII on the web:
  • HII on Facebook:
  • HII on Twitter:
  • HII on Instagram:

Contact:

Greg McCarthy

(202) 264-7126

 



EN
31/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Huntington Ingalls Industries Inc.

 PRESS RELEASE

HII Names Kari Wilkinson to Lead Newport News Shipbuilding

HII Names Kari Wilkinson to Lead Newport News Shipbuilding Jennifer Boykin to Retire; Brian Blanchette to Lead Ingalls Shipbuilding NEWPORT NEWS, Va., Nov. 06, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII), the nation’s largest military shipbuilder, announced today that its Board of Directors has elected Kari Wilkinson to serve as president of the company’s Newport News Shipbuilding (NNS) division, effective Jan. 1, 2025. She will succeed Jennifer Boykin, who is retiring from her position at year’s end after 37 years with the company. The president of NNS, which is HII’s largest divisio...

Huntington Ingalls Industries Inc: 1 director

A director at Huntington Ingalls Industries Inc bought 550 shares at 188.910USD and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last...

 PRESS RELEASE

HII Hosts United Kingdom Defense Leaders at Newport News Shipbuilding

HII Hosts United Kingdom Defense Leaders at Newport News Shipbuilding NEWPORT NEWS, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted United Kingdom defense leaders at the company’s Newport News Shipbuilding division Tuesday. Madelaine McTernan, chief of defence nuclear at the Ministry of Defence, led the U.K. delegation. Adm. William Houston, director of the U.S. Naval Nuclear Propulsion Program, accompanied them. “It was an honor to welcome the United Kingdom delegation to the shipyard and share best practices as we strengthen our partnership,” NNS President Jennifer Boyki...

 PRESS RELEASE

HII Awarded $3 Billion LOGIX Contract to Support National Defense

HII Awarded $3 Billion LOGIX Contract to Support National Defense HII will deliver logistics services, ISR operations and next-gen technology in support of JADC2 strategy McLEAN, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $3 billion contract to provide strategic-level support to the U.S. Department of Defense (DOD) and its mission partners to enhance joint force capabilities and accelerate the application of solutions. The Logistics Services, ISR Operations and Next-Gen Technology (LOGIX) task order direct...

 PRESS RELEASE

HII Reports Third Quarter 2024 Results and Provides Updated Outlook

HII Reports Third Quarter 2024 Results and Provides Updated Outlook NEWPORT NEWS, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook. Highlights Third quarter revenues were $2.7 billionThird quarter net earnings were $101 million or $2.56 diluted earnings per shareThird quarter free cash flow1 was $136 millionCompany is providing updated fiscal 2024 outlookCompany is withdrawing 5-year free cash flow1 outlook Third Quarter Results Third quarter 2024 revenues of $2.7 billion were down ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch