Huntington Ingalls Industries Inc. (HII) recently secured a $5.8 billion contract to design and construct three amphibious transport dock ships, LPD Flight II (LPD 33, LPD 34 and LPD 35). The award has been offered by the Naval Sea Systems Command, Washington, D.C. The majority of work related to this contract will be executed in Pascagoula, MS. The project is expected to be completed by September 2035. What's Favoring HII? With countries worldwide enhancing their defense capabilities, spending on advanced ...

McLEAN, Va., Oct. 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $458 million contract to modernize communications and information technology (IT) networks for the U.S. government that will enable rapid decision-making in the battlespace. Under the task order, HII will develop, assess and implement innovative technical solutions that will improve system hardening to potential cyber threats, introduce new capabilities and enable cloud migrati ...

PASCAGOULA, Miss., Sept. 24, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Ingalls Shipbuilding division was awarded a $9.6 billion multi-ship procurement contract for the construction of three San Antonio-class (LPD 17) amphibious ships and a contract modification for the next America-class (LHA 6) large-deck amphibious ship. This combined procurement — the first of its kind for amphibious ships — begins the journey for the construction of LPDs 33, 34, 35 and LHA 10 for the U.S. Navy. " ...

NEWPORT NEWS, Va., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Global all-domain defense provider HII (NYSE: HII) announced today that Steve Powell, HII's assistant treasurer for banking and capital markets, will become the company's next corporate vice president and treasurer, effective Jan. 1, 2025. Powell will succeed D.R. "Rick" Wyatt, who will retire at the end of this year after more than four decades of service with the company. In this role, Powell will be responsible for banking and credit, corporate financ ...

Melville, N.Y.: The Verint Systems building located at 330 South Service Road in Melville, New York ... [+] on January 6, 2014. (Photo by Steve Pfost/Newsday RM via Getty Images) Newsday RM via Getty Images If you are an investor in Verint Systems - a company that sells products and services for customer experience automation - and are disappointed with the stock's 11% drop last week following its earnings miss and sluggish revenue growth, it may be time to look elsewhere. As of this moment, we find that Le ...

MCLEAN, Va., Sept. 09, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE: HII) Mission Technologies division has successfully built and delivered two REMUS 620 uncrewed underwater vehicles (UUVs) to the National Oceanic and Atmospheric Administration (NOAA) for enhanced high-resolution ocean floor mapping. Unveiled only 22 months ago in November 2022, the REMUS 620 is the first medium-class UUV designed to deliver a comprehensive range of above- and below-water capabilities over long distances. "The rapid delivery of th ...

MCLEAN, Va., Sept. 06, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE: HII) Mission Technologies division announced today that Amy Boyette, a former Department of Energy (DOE) official with more than 30 years of experience in environmental management and National Nuclear Security Administration (NNSA) operations, has joined the company's Nuclear and Environmental Services (NES) business group as vice president of strategy and integration. In her new role, Boyette will serve on the NES leadership team and focus on eva ...

Huntington Ingalls Industries, Inc.'s (HII) Newport News business unit recently secured a modification contract involving the Nimitz (CVN 68) Class aircraft carrier. The award has been offered by the Naval Sea Systems Command, Washington, D.C. Details of the Deal Valued at $18.4 million, the contract is projected to be completed by November 2024. Per the terms of the deal, Huntington Ingalls will procure additional support to conduct pre-advanced planning for Nimitz (CVN 68) Class aircraft carrier defueling ...

NEWPORT NEWS, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted Acting Secretary of Labor Julie Su and Secretary of the Navy Carlos Del Toro today at the company's Newport News Shipbuilding division where they recognized the efforts of the Hampton Roads Workforce Council (HRWC). Su and Del Toro were joined by Rep. Robert C. "Bobby" Scott, D-Va., and Newport News Mayor Phillip Jones for an event at HII's Newport News Shipbuilding Apprentice School focused on workforce development and national sec ...

PASCAGOULA, Miss., Aug. 22, 2024 (GLOBE NEWSWIRE) -- San Antonio-class amphibious transport dock ship Richard M. McCool, Jr. (LPD 29) departed from HII's (NYSE: HII) Ingalls Shipbuilding division on Thursday, en route to its commissioning site in Pensacola, Florida. "When any of our ships sail away, it is a poignant reminder of the importance of shipbuilding to the freedom and security of our country," said Kari Wilkinson, president of Ingalls Shipbuilding. "We are committed to the mission and stand behind ...