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HII to Host Third Quarter Earnings Conference Call and Webcast on Oct. 30
Globenewswire· 2025-10-09 14:00
NEWPORT NEWS, Va., Oct. 09, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will release its third quarter 2025 financial results on Thursday, Oct. 30 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII’s website: https://www.hii.com/. HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website ...
HII Completes Initial Sea Trials of Virginia-Class Submarine Massachusetts (SSN 798)
Globenewswire· 2025-10-07 14:00
NEWPORT NEWS, Va., Oct. 07, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division has successfully completed initial sea trials for Virginia-class attack submarine Massachusetts (SSN 798). Over the course of several days at sea, the NNS and Navy team conducted testing of systems and components, including submerging the submarine for the first time and high-speed maneuvers while on the surface and submerged. The testing program will continue at NNS ahead of deli ...
HII Names Roger Kelly as Vice President of Contracts and Pricing at Newport News Shipbuilding
Globenewswire· 2025-10-02 19:30
NEWPORT NEWS, Va., Oct. 02, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that Roger Kelly has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. Kelly succeeds Matt Mulherin Jr., who has been appointed vice president of supply chain and strategic sourcing at NNS. Kelly will have overall responsibility for contracts, pricing, and export/import licensing and compliance for NNS. He will report to Don Godwin, NNS vice president of business management ...
Applications Now Open for HII's 2026 Internship Program
Globenewswire· 2025-09-18 20:30
Core Points - HII has opened applications for its 2026 summer internship program, targeting students for positions at its corporate office and three divisions: Ingalls Shipbuilding, Mission Technologies, and Newport News Shipbuilding [1][4] - The internship program is designed to provide students with hands-on experience, professional development, mentorship, and exposure to real-world projects that support national security [2][5] - HII hosts over 350 interns annually, offering a paid full-time internship for 10 weeks, with potential housing assistance and transportation in select locations [2][4] Internship Qualifications - To qualify for internships, candidates must be at least 18 years old, U.S. citizens, and maintain a minimum GPA of 2.5 or 3.0 depending on the division, while being enrolled in a relevant degree program [3] Application Process - Early applications are encouraged due to limited and competitive positions, with varying deadlines based on divisions; Mission Technologies positions are posted on a rolling basis [4] Company Recognition - HII has been recognized as a Top 100 employer for internships, reflecting its commitment to educational advancement and developing future leaders [5] Company Overview - HII is a global defense provider and the largest military shipbuilder in the U.S., with a workforce of 44,000 and a history of over 135 years in advancing national security [8][9]
HII Completes 750th REMUS Unmanned Undersea Vehicle for German Navy
Globenewswire· 2025-09-10 07:00
Core Insights - HII has completed the production of its 750th REMUS unmanned undersea vehicle (UUV), which will be delivered to the German navy, highlighting the company's leadership in advanced unmanned technology solutions [1][6] - The REMUS UUVs are utilized in over 30 countries, including 14 NATO members, showcasing their global adoption for national security and maritime operations [2] - More than 90% of REMUS units delivered in the past 23 years remain operational, indicating strong platform durability and lifecycle value [3] Company Overview - HII is recognized as America's largest military shipbuilder with a history of over 135 years in advancing U.S. national security [10] - The company employs a workforce of 44,000 and provides a range of capabilities from ships to unmanned systems, cyber, ISR, AI/ML, and synthetic training [10] Product Features - The REMUS UUVs are known for their modularity, endurance, and proven performance, making them suitable for various critical missions such as mine countermeasures and environmental monitoring [2][5] - The open-architecture design of REMUS allows for rapid payload integration, ensuring mission-specific configurations and future technology insertions [5] Strategic Importance - The selection of REMUS by the German navy underscores HII's role as a key partner in NATO's collective defense efforts, providing reliable technology for evolving undersea challenges [6] - Recent demonstrations have shown the capability of launching and recovering REMUS UUVs from Virginia-class nuclear submarines, enhancing mission range and reducing detection risk [8]
HII Honors Employees with Compass Award for Compliance
Globenewswire· 2025-09-04 17:30
Core Points - HII recognizes five employees with the 2025 Compass Award for Compliance, highlighting the company's commitment to ethics and integrity [1][2] - The award recipients are acknowledged for their leadership in accountability and purpose, which enhances compliance and builds trust with stakeholders [2][5] - HII's compliance program includes various initiatives, such as performance-related measures and incentives, to promote ethical behavior among employees [5] Company Overview - HII is a global defense provider, focusing on delivering advanced ships and all-domain solutions to support national security [6] - As the largest military shipbuilder in the U.S., HII has a history of over 135 years in enhancing national security capabilities, including ships, unmanned systems, and cyber solutions [7] - The company employs approximately 44,000 individuals and is headquartered in Virginia [7]
HII Awards 193 Scholarships Through Annual Fund
GlobeNewswire News Room· 2025-09-04 15:00
Core Points - HII has awarded 193 scholarships for the 2025-2026 school year through its scholarship fund, supporting dependent children of employees pursuing post-secondary education [1][2] - The HII Scholarship Fund, now in its 10th year, is administered by Scholarship America, ensuring an independent selection process based on academic merit and financial need [2][5] - This year, 93 scholarships were renewed, with amounts ranging from $1,500 for two-year programs to $3,000 for four-year programs, including up to $3,000 for qualifying preschool education costs [4][7] Summary by Category Scholarship Awards - A total of 193 scholarships were awarded, including 30 for four-year college degrees, 20 for two-year degrees, and 50 for early childhood school-readiness programs [1][7] - The total number of scholarships awarded and renewed since the program's inception is 1,766, amounting to over $4.7 million in educational support for more than 1,000 students [5] Company Commitment - HII emphasizes its commitment to education and talent development through initiatives like the scholarship fund, which aims to nurture future leaders and innovators [6] - The company’s president and CEO, Chris Kastner, expressed pride in supporting HII families and contributing to the success of young individuals [2]
Ingalls Shipbuilding Honors 20th Anniversary of Katrina with Stories of Resilience
Globenewswire· 2025-08-28 14:30
Core Insights - The company is commemorating the 20th anniversary of Hurricane Katrina, reflecting on the resilience of its workforce and the restoration of operations post-storm [1][2][3] Group 1: Employee Resilience and Community - Employee testimonials and multimedia content are being shared to highlight the workforce's response to Hurricane Katrina, emphasizing the values that define the company [2] - Nearly 500 employees volunteered as "storm riders," protecting equipment and infrastructure during the hurricane, showcasing the commitment and teamwork of the workforce [4][5] - The sense of community that emerged post-Katrina is underscored by personal stories from employees, including Marcus Richardson Sr., who reflects on the strength and unity of the shipbuilders [5][7] Group 2: Operational Impact and Recovery - The hurricane tested the shipyard's operations but also revealed the strength and commitment of the workforce to build ships for the U.S. military [3] - Following the storm, the company provided essential support to employees, including food, water, and temporary housing, while continuing to pay them during the recovery [3] - Significant investments have been made in infrastructure and facilities since the hurricane, enhancing product flow, process efficiency, and product quality in the 35 ships delivered since 2005 [7]
HII Selected for U.S. Navy Training Contract to Enhance Readiness
Globenewswire· 2025-08-20 17:00
Core Insights - HII's Mission Technologies division has been awarded a multiple award contract to enhance U.S. Navy fleet readiness through training products and services [1][2] Group 1: Contract Details - The contract is an indefinite-delivery, indefinite-quantity (IDIQ) type with a ceiling of $267 million, allowing HII to compete for task orders related to naval education and training [2] - The contract will support the Naval Education and Training Professional Development Center, focusing on professional growth and readiness for U.S. Navy enlisted personnel [2] Group 2: Training and Development - The initiative aims to empower sailors with essential technical skills for high-level performance, facilitating career advancement and lifelong learning [3] - It will enhance education, training, career development, and personnel advancement for the Navy's force development enterprise, including curriculum development and learning management systems [3] - Training opportunities will be provided through on-demand web-based training, addressing the need for adaptability in a network-centric warfare environment [3] Group 3: Company Overview - HII is a global defense provider, recognized as the largest military shipbuilder in the U.S., with a history of over 135 years in advancing national security [5][6] - The company offers a range of capabilities from ships to unmanned systems, cyber, ISR, AI/ML, and synthetic training [6] - HII employs a workforce of 44,000 and is headquartered in Virginia [6]
Nick Stanage Joins HII Board of Directors
Globenewswire· 2025-07-29 20:30
Core Insights - HII has elected Nick Stanage, former chairman, CEO, and president of Hexcel Corporation, to its board of directors, enhancing its leadership team for future growth [1][2]. Company Overview - HII is a global, all-domain defense provider focused on delivering powerful ships and solutions to support national security [6]. - The company has a history of over 135 years in advancing U.S. national security and is the largest military shipbuilder in the nation [7]. - HII employs a workforce of 44,000 and offers capabilities ranging from ships to uncrewed systems, cyber, ISR, AI/ML, and synthetic training [7]. Leadership Experience - Nick Stanage brings decades of experience in industrial manufacturing, particularly in aerospace, automotive, and construction equipment [2]. - His previous roles include president and CEO of Hexcel Corporation, where he served from 2013 until his retirement in May 2024 [2][4]. - Stanage has also held leadership positions at Honeywell Aerospace and Dana Holding Corporation, focusing on technology, operations, and supply chain management [4]. Educational Background - Stanage holds a Bachelor of Science degree in mechanical engineering from Western Michigan University and an MBA from the University of Notre Dame [5].