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 PRESS RELEASE

Media Advisory: HII’s Newport News Shipbuilding to Christen Arkansas (...

Media Advisory: HII’s Newport News Shipbuilding to Christen Arkansas (SSN 800) NEWPORT NEWS, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) -- What:HII’s Newport News Shipbuilding (NNS) division will christen the Virginia-class submarine Arkansas (SSN 800) on Saturday, Dec. 7.This event is NOT open to the public but will be livestreamed: . Media members are invited to the event and to visit the site Friday, Dec. 6 in advance of the ceremony.  Who:The media preview day on Friday, Dec. 6 will provide an opportunity to speak with NNS and Navy leadership regarding their participation in the event, as...

 PRESS RELEASE

HII’s Ingalls Shipbuilding Authenticates Keel of Destroyer Sam Nunn (D...

HII’s Ingalls Shipbuilding Authenticates Keel of Destroyer Sam Nunn (DDG 133) PASCAGOULA, Miss., Nov. 22, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) 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 . Nunn was in attendance for the ceremony and was joined by his daughter and ship sponsor, Michelle Nunn. “It is truly an honor to commemorate this moment in the life of the future USS Sam Nunn,” Ingalls Shipbuilding Pres...

 PRESS RELEASE

HII’s Newport News Shipbuilding Division Recognized with 2024 Virginia...

HII’s Newport News Shipbuilding Division Recognized with 2024 Virginia Governor’s Volunteerism and Community Service Award NEWPORT NEWS, Va., Nov. 21, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding division was recently recognized with the 2024 Governor’s Volunteerism & Community Service Award by Virginia Gov. Glenn Youngkin. HII is the largest industrial employer in the commonwealth. NNS received the corporation award in the annual program coordinated by Serve Virginia and the Virginia Service Foundation, acknowledging Virginians who volunteer to make a difference ...

 PRESS RELEASE

HII Hosts Marine Corps Commandant Gen. Eric Smith at Ingalls Shipbuild...

HII Hosts Marine Corps Commandant Gen. Eric Smith at Ingalls Shipbuilding PASCAGOULA, Miss., Nov. 20, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) 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). “We were honored to highlight the critical work our Ingalls shipbuilders do every day in support of the Navy...

 PRESS RELEASE

HII Moves Enterprise (CVN 80) for First Time, Enabling Construction of...

HII Moves Enterprise (CVN 80) for First Time, Enabling Construction of Two Aircraft Carriers at Once NEWPORT NEWS, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) 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. The evolution began Thursday, Oct. 31 with the controlled process of slowly filling the dry dock with more than 100 million ...

 PRESS RELEASE

HII Celebrates National Apprenticeship Week

HII Celebrates National Apprenticeship Week NEWPORT NEWS, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII), America’s largest military shipbuilder and provider of all-domain defense solutions, is celebrating from Nov. 17-23, honoring the essential role of apprenticeships in workforce development and skills training. National Apprenticeship Week is a nationwide celebration established by the U.S. Department of Labor to showcase and promote high-quality and in-demand career pathway opportunities through registered apprenticeship programs. With apprenticeship programs offered at each...

 PRESS RELEASE

HII Redelivers USS Montana (SSN 794) from Post-Shakedown Availability ...

HII Redelivers USS Montana (SSN 794) from Post-Shakedown Availability at Newport News Shipbuilding NEWPORT NEWS, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) 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. “Redelivering USS Montana back to the fleet reflects the tremendous teamwork and accomplishment by our shipbuilders and the crew,” said Jason Ward, NNS vice president of Virginia-class submarine construction. “This su...

Huntington Ingalls Industries, Inc.: Update to credit analysis followi...

Our credit view of this issuer reflects its large backlog, constrained by its limited cash generation and low cash balances over the next 12 to 18 months.

 PRESS RELEASE

HII is Awarded $197 Million Contract to Research and Develop Technolog...

HII is Awarded $197 Million Contract to Research and Develop Technology Enhancements for U.S. Army Combat Vehicle Fleet McLEAN, Va., Nov. 06, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) 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). HII was awarded this contract under the Department of Defense Information Analysis Center’s (DoDIAC) multiple-award contract (MAC) vehicle. These IAC MAC task orders are awarded by the U.S. Air Force's 774th Enterpr...

 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 ...

 PRESS RELEASE

HII Increases Quarterly Dividend to $1.35 per Share

HII Increases Quarterly Dividend to $1.35 per Share NEWPORT NEWS, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) 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. 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 i...

 PRESS RELEASE

HII Awards 194 Scholarships Through Annual Scholarship Fund

HII Awards 194 Scholarships Through Annual Scholarship Fund NEWPORT NEWS, Va., Oct. 28, 2024 (GLOBE NEWSWIRE) -- All-domain defense and technologies provider HII (NYSE: HII) 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. HII’s scholarship fund has awarded more than $3.6 million in 1,555 scholarships over the life of the program, providing educational opportunities to more than 700 children of emp...

 PRESS RELEASE

HII’s Mission Technologies Division Announces New Operating Model for ...

HII’s Mission Technologies Division Announces New Operating Model for Long-Term Business Growth MCLEAN, Va., Oct. 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) 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. Effective Monday, Oct. 28, the division will reorganize into the following groups: All-Domain Operations, led by Todd Gentry, comprises C5ISR operations; platforms and logistics support; and intelligence analysis.Global Security, led by Michael Lem...

 PRESS RELEASE

HII Promotes John Bell to Chief Technology Officer for Mission Technol...

HII Promotes John Bell to Chief Technology Officer for Mission Technologies Division MCLEAN, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced the promotion of John Bell to chief technology officer (CTO) for its Mission Technologies division. Bell’s appointment is part of the alignment between HII’s Mission Technologies CTO office and the corporate CTO office, supporting the rapid growth of Mission Technologies, new cross-division opportunities, and the adoption of “Industry 4.0” capabilities, including Artificial Intelligence (AI), Big Data, and Robotics. “As HII looks t...

 PRESS RELEASE

15 HII Employees Honored at Women of Color STEM Awards for Exceptional...

15 HII Employees Honored at Women of Color STEM Awards for Exceptional Contributions 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. These awards spotlight the recipients’ dedication, innovation and impact in advancing technology and promoting opportunities for min...

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