HII Elects Leo Denault to Board of Directors
NEWPORT NEWS, Va., (Dec. 9, 2022) — HII (NYSE: HII) announced today that current executive chair and former CEO of Entergy Corporation Leo Denault was elected to the company’s board of directors, effective Dec. 5, 2022. Denault has 40 years of experience in the power industry. He joined Entergy in 1999, serving initially as vice
Newport News Shipbuilding Whistle Goes Automatic
For generations, Newport News Shipbuilding employees have counted on the familiar sound of the shipyard’s whistle to alert them to the start and end of shifts and lunch breaks. Most shipbuilders didn’t notice, but last week marked the beginning of a new era. After Jim O’Brien, retiring director of Facilities, turned a lever in the
HII Delivers Destroyer Lenah Sutcliffe Higbee (DDG 123) to US Navy
PASCAGOULA, Miss., (Nov. 30, 2022) — HII’s (NYSE: HII) Ingalls Shipbuilding division delivered the Arleigh Burke-class guided missile destroyer Lenah Sutcliffe Higbee (DDG 123) to the U.S. Navy today. Delivery of DDG 123 represents the official transfer of the ship from the shipbuilder to the Navy. “Delivering an incredibly capable finished ship to the Navy is always
Newport News Shipbuilding Honors Little Rock Nine
HII’s Newport News Shipbuilding (NNS) division welcomed media to the shipyard on Friday, Nov. 18 for a media day ahead of the keel authentication ceremony for Virginia-class submarine Arkansas (SSN 800). Media outlets from Virginia and Arkansas toured the event site and talked with NNS leadership, shipbuilders, the commanding officer of PCU Arkansas, and members
HII Authenticates Keel of Virginia-Class Attack Submarine Arkansas (SSN 800)
NEWPORT NEWS, Va., (Nov. 19, 2022) — HII’s (NYSE: HII) Newport News Shipbuilding (NNS) division hosted a keel authentication ceremony today for Virginia-class submarine Arkansas (SSN 800). The ship’s sponsors are the six women of the historic group known as the Little Rock Nine, the first African American students to attend all-white Central High School
Ingalls Shipbuilding Honors Apprentices
The news story below posted by WXXV News 25 highlights the Ingalls Apprentice School, which is one of the many ways you can start a career at Ingalls Shipbuilding, a division of HII. The shipyard is proud to celebrate its apprentices this week for National Apprenticeship Week, which runs from Nov. 14-20. The apprenticeship program
HII Wins U.S. Air Force $70 Million Technical Analysis and Research Contract to Support AI/ML and Cyber Modernization Priorities
MCLEAN, Va. (Nov. 9, 2022) — HII’s (NYSE: HII) Mission Technologies division was awarded a $70 million task order contract by the U.S. Air Force to perform technical analysis and recommend enhancements for the Air Force Research Laboratory (AFRL). HII’s research and analysis will be leveraged by the Air Force to support the Department of
HII Makes Positive Impact with Third Annual Global Day of Caring Initiative
MCLEAN, Va. (Nov. 8, 2022) — HII’s (NYSE: HII) Mission Technologies division hosted its annual Global Day of Caring on Saturday, Nov. 5. More than 300 employees and their family members completed community service projects in Arizona, Florida, Georgia, Hawaii, Massachusetts, Nevada, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington and South Korea. “Supporting communities where
HII Unveils REMUS 620 Unmanned Underwater Vehicle
Enhanced Endurance, Mission Capacity and Odyssey™ Advanced Autonomy MCLEAN, Va. (Nov. 7, 2022) — HII’s (NYSE: HII) Mission Technologies division has revealed a new medium-class unmanned underwater vehicle (UUV): REMUS 620. Building on the design philosophy of the highly successful REMUS 300 — recently selected by the U.S. Navy as the program of record for
HII Reports Third Quarter 2022 Results
Revenues were $2.6 billion in the quarter Net earnings of $138 million or $3.44 diluted earnings per share Narrows FY22 revenue guidance ranges Reaffirms shipbuilding operating margin1 guidance, revises Mission Technologies operating margin guidance Increases FY22 free cash flow1 guidance and updates for current R&D tax treatment Read below for HII’s third quarter 2022 results.