Newport News Shipbuilding
Newport News Shipbuilding was notified by the Department of Defense (DOD) of its decision to recommend to the Department of Justice (DOJ) approval of the Northrop Grumman offer to acquire Newport News Shipbuilding and its decision to recommend not approving the merger agreement between Newport News Shipbuilding and General Dynamics. Newport News Shipbuilding was also notified that the DOJ has commenced legal proceedings to prevent the proposed merger between NNS and GD. Newport News Shipbuilding began discussions with Northrop Grumman three weeks ago to determine whether a mutually acceptable transaction between the two companies can be negotiated. Any agreement reached between Newport News Shipbuilding and Northrop Grumman would require the approval of the Newport News Shipbuilding Board of Directors.
Northrop Grumman Corporation and Newport News Shipbuilding Inc. announced today that they have signed a definitive agreement under which Northrop Grumman will acquire Newport News Shipbuilding. The boards of directors of both companies approved the terms of the transaction in which Northrop Grumman will acquire all the outstanding shares of Newport News. In an exchange offer, Newport News Shipbuilding's shareholders may elect to receive either $67
General Dynamics extended its pending tender offer for all outstanding shares of common stock (including associated rights) of Newport News Shipbuilding Inc. to midnight, EDT, on July 6, 2001. The offer was previously scheduled to expire at midnight, EDT, on June 22, 2001. As of midnight, EDT, on June 22, 2001, approximately 20,248,926 shares (including guaranteed delivery) of Newport News had been tendered. While the number of shares tendered exceeds the
Northrop Grumman Corporation announced today the completion of its tender offer for all of the outstanding shares of Newport News Shipbuilding Inc., creating the world's largest naval shipbuilder. The tender offer expired at midnight E.S.T. on November 29, 2001. All shares validly tendered have been accepted for exchange. The exchange agent for the offer has advised Northrop Grumman that a total of approximately 26,469,213 shares were tendered in the offer, including approximately 14
Newport News Shipbuilding hosts city-wide 'Egg Drop Engineering Competition' Huntington Ingalls Industries' Newport News Shipbuilding division partnered with Newport News Public Schools to host the first Egg Drop Engineering Competition for middle and high school students. The event was sponsored by the NNS Career Pathways program. "Newport News Shipbuilding is delighted to collaborate with Newport News Public Schools to host this competition," said Jennifer McClain
The United States has filed suit against Newport News Shipbuilding Inc. alleging that the company knowingly mischarged the U.S. Navy on costs it incurred for work under commercial contracts from 1994 to 1999, the Justice Department announced today. The lawsuit alleges that the Newport News, Virginia-based company charged the Navy for independent research and development (IR&D) costs for double-hulled tankers that Newport News was building for commercial customers under existing contracts
Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division has partnered with The Mariners' Museum to share the shipyard's history through a collection of 51 photographs. The exhibit, named "Always Good Ships," will be open to the public Aug. 6 through Oct. 31. "We are excited to partner with The Mariners' Museum to recognize our shipbuilders and the important role they play in our community and in the security of our nation
Newport News Shipbuilding employees donate food for the poor at Christmas, filling offices from desk to door. Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division donated more than $23,500 and more than 31,000 pounds of non-perishable food to the Virginia Peninsula Foodbank during the shipyard's annual holiday food drive. "We are fortunate to employ an extraordinary group of people at Newport News Shipbuilding," said Chavis Harris, NNS' director, EEO
The Signing of a memorandum of understanding between the Apprentice School and Old Dominion University (ODU) will take place tomorrow (23rd April) at 3101 Washington Ave. in downtown Newport News for offering a bachelor's degree program in mechanical and electrical engineering. The Apprentice School is the only registered apprenticeship program in the country to offer a bachelor's degree as part of its academic instruction program, thanks to a partnership with ODU.
Newport News Shipbuilding and Dry Dock Co., Newport News Va., is being awarded a $5.6m cost-plus-fixed-fee, level of effort contract for planning and design yard functions for standard Navy valves in support of nuclear powered submarines. Work will be performed in Newport News, Va., and is expected to be completed by September 2007. The contract, worth $5.6m, will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity
Combining Huntington Ingalls Industries’ (HII) S.M. Stoller Corp. and Newport News Nuclear subsidiaries, the company has created Stoller Newport News Nuclear (SN3), a full-service nuclear operations and environmental services company.
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part of the program's continuing mission to reduce costs associated with U.S. shipbuilding and ship repair
The U.S. Navy awarded a contract, Dec. 22, for the towing and dismantling of the decommissioned aircraft carrier Ranger (CV 61) to International Shipbreaking, Ltd. Under the contract, the company will be paid $0.01, a price that reflects the net price proposed by International
Newport News Shipbuilding appoints Bharat Amin to vice president and chief information officer Bharat Amin has been appointed vice president and chief information officer for the Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, the company announced.
Newport News Shipbuilding, a division of Huntington Ingalls Industries (HII), hosted a keel-laying ceremony Saturday for the future USS Washington (SSN 787), a Virginia-class submarine named for the Evergreen State. The submarine’s sponsor is Elisabeth Mabus
Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi, which includes Newport News' sister shipyard, Ingalls Shipbuilding.
Ray Bagley has been appointed by Huntington Ingalls Industries (HII) as the company’s new vice president of trades operations for its Newport News Shipbuilding division. Bagley, who will earn the distinction of "Master Shipbuilder" for 40 years of continuous service next week
Newport News Shipbuilding completes drydock work for aircraft carrier USS Abraham Lincoln (CVN 72); refueling and complex overhaul With tugboats guiding it into the James River, the aircraft carrier USS Abraham Lincoln (CVN 72) was moved from one of Newport News Shipbuilding’s drydocks to
Although the aircraft carrier USS Enterprise (CVN 65) is scheduled to be decommissioned in 2016, its legacy lives on, and so does one of its anchors. Huntington Ingalls Industries' (HII) Newport News Shipbuilding division recently installed one of Enterprise's anchors on younger carrier USS
Huntington Ingalls Industries (HII) announced today that Capt. Kevin Brenton (U.S. Navy, Ret.) has joined the company as corporate director of customer affairs for submarine programs. Brenton served most recently as deputy director of the Navy's Strategic Systems Programs
Huntington Ingalls Industries' Newport News Shipbuilding division partnered with the American Heart Association to teach shipbuilders how to perform hands-only CPR during a demonstration Thursday. The American Heart Association provided the shipyard a mobile CPR unit for on-site
Huntington Ingalls Industries says that 124 employees from the company's Newport News Shipbuilding division have been recognized with Model of Excellence (MOE) awards. The awards are presented annually to individuals or teams for extraordinary performance that is aligned with Newport News'
Huntington Ingalls Industries (HII) launched the Virginia-class submarine John Warner (SSN 785) into the James River on September 10 at the company's Newport News Shipbuilding division, kicking off the final outfitting, testing and crew certification phase of construction prior to sea trials next
The submarine John Warner (SSN 785) was christened at Newport News Shipbuilding during a ceremony attended by Senator John Warner, Ship's Sponsor Jeanne Warner, Navy personnel and thousands of shipbuilders. SSN 785 is named for Senator John Warner
Pre-Commissioning Unit (PCU) 'John Warner' (SSN 785), will be the first Virginia-class attack submarines to be homported in Naval Station Norfolk, following its christening by Mrs. Jeanne Warner at Newport News Shipbuilding yard, informs the US Navy.