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HII News
Huntington Ingalls Cites Interest in Building US Icebreakers
Huntington Ingalls Industries Inc, which builds aircraft carriers and U.S. Navy warships, on Tuesday said it was keen to bid to build new icebreakers for the U.S. Coast Guard, after President Barack Obama pushed for quicker work on the program. The company's Ingalls shipbuilding unit, based in Pascagoula, Miss., built the newest U.S. icebreaker in the U.S. fleet, the USCGC Healy, which was delivered in November 1999.
Huntington Ingalls Appoints New C & CAO
Huntington Ingalls Industries yesterday promoted Nicolas Schuck to the position of controller and chief accounting officer, effectively immediately. He will report to Barbara Niland…
Huntington Ingalls wins USN Carrier Deals
Huntington Ingalls Industries Inc on Friday won two contracts worth a combined $4.3 billion to complete design work and construction of the USS John F. Kennedy aircraft carrier…
Huntington Ingalls Industries Profits up in Q3 Report
Shipbuilder Huntington Ingalls Industries (HII) released its third quarter 2014 results which reported revenues of $1.72 billion, up 4.9 percent compared to the same period last year. Third quarter diluted earnings per share was $1.96, compared to diluted earnings per share of $1.36 in the same period of 2013, and adjusted diluted earnings per share for the quarter was $1.67, compared to $1.17 in the same period of 2013.
Huntington Ingalls Industries Sponsors USO Gala
Huntington Ingalls Industries (HII) announces its sponsorship of the annual USO Gala, which will take place tonight at the Washington Hilton in Washington, D.C.
Huntington Ingalls Industries Acquires UPI
Huntington Ingalls Industries informs that it has acquired UniversalPegasus International Holdings (UPI), a leading provider of engineering and project management…
Huntington Ingalls Awarded Navy DDG 51 Contract Modification
U.S. Department of Defense has awarded a Navy US$12,168,588 contract modification to support FYS warship class DDG 51 work, as follows. DoD explains in detail that…
Huntington Ingalls Appoints Jonathan Padfield as Corporate Director
Huntington Ingalls Industries (NYSE:HII) announced today that Capt. Jonathan Padfield (U.S. Navy, Ret.) has joined the company as Corporate Director of Customer Affairs for amphibious programs.
Huntington Ingalls to Explore Opportunities for Avondale Redevelopment
Huntington Ingalls Industries announced today it will conduct a study with Kinder Morgan Energy Partners, L.P. (NYSE:KMP) to explore redeveloping Huntington Ingalls…
Huntington Ingalls Awarded Additional Funds For CVN 79 Construction
Huntington Ingalls Industries informs that its Newport News Shipbuilding division has received a US$1.295 billion extension to a previously awarded construction preparation contract for the aircraft carrier 'John F. Kennedy' (CVN 79). The contract extension enables Newport News to complete an additional 343 structural units and purchase the majority of the remaining material for the ship, including items such as valves, controllers, pumps and raw materials.
Huntington Ingalls Industries 2013 Revenues Increased
Huntington Ingalls Industries reports Fourth Quarter & Year 2013 financial results with increased revenues in each period. Segment operating income in the fourth quarter was $169 million, compared to $140 million in the same period last year, mainly driven by improved contract performance. Total operating income for the quarter was $174 million, compared to $106 million in the same period of 2012.
Huntington Ingalls Reports Q2 Results
Huntington Ingalls Industries (HII) reported second quarter 2013 revenues of $1.68 billion, down 2.2% from the same period last year. Segment operating income for the second quarter was $136 million, compared to $127 million in the same period last year. Total operating income for the quarter was $116 million, up 9.4% from $106 million in the same period last year. Pension-adjusted operating income for the second quarter was $134 million…
Huntington Ingalls Industries Reports Q1 Results
Huntington Ingalls Industries reported first quarter 2013 revenues of $1.56 billion, relatively flat compared to the same period last year. Segment operating income for the first quarter was $120 million, compared to $101 million in the same period last year. Total operating income for the quarter was $95 million, compared to $80 million in the same period last year. Pension-adjusted operating income for the first quarter was $118 million…
Huntington Ingalls Industries Declares Quarterly Dividend
Huntington Ingalls Industries’ Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on June 14, 2013, to shareholders of record as of the close of business on May 31, 2013.
Huntington Ingalls Industries Reports 4Q and 2012 Results
Huntington Ingalls Industries (NYSE: HII) reported fourth quarter 2012 revenues of $1.82 billion, up 5.1 percent from the same period last year. Segment operating income for the fourth quarter was $140 million, compared to $127 million in the same period last year. Total operating income for the fourth quarter was $106 million, compared to $121 million in the same period last year. Pension-adjusted total operating income for the fourth quarter was $131 million…
Huntington Ingalls Industries Recognized for Hiring Veterans
Huntington Ingalls Industries (NYSE: HII) was recognized by the Virginia Department of Veterans Services for its efforts to hire and retain veterans. HII President…
Huntington Ingalls Industries Reports Strong 2Q Results
Huntington Ingalls Industries Reports Strong Second Quarter Results; Significant Progress on Key Programs. Huntington Ingalls Industries (NYSE:HII) reported second…
Huntington Ingalls Subsidiary Partners With HHIC Holdings
Virginia Beach, Va. - Huntington Ingalls Industries announced that its subsidiary, AMSEC, has signed an agreement with Hanjin Heavy Industries and Construction Philippines Inc.…
Huntington Ingalls Awarded $50 Million Modification for Procurement
Huntington Ingalls Industries Inc., Pascagoula, Miss., is being awarded a $50,300,000 modification to a previously-awarded contract (N00024-10-C-2229) for procurement…
Huntington Ingalls Reports Strong Fourth Quarter
Newport News, Va. -- Huntington Ingalls Industries reported fourth quarter 2011 sales of $1.74 billion, consistent with the fourth quarter of 2010. The impact of…