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.
HII Increases Quarterly Dividend to $1.24 per Share
NEWPORT NEWS, Va. (Nov. 2, 2022) – HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.24 per share, a $0.06 increase over the $1.18 per share dividend paid in each of the prior four quarters. The $1.24 per share dividend will be payable on Dec. 9, 2022,
HII-Built Aircraft Carrier & Shipbuilders Get National Spotlight on Veterans Day
NEWPORT NEWS, Va., (Nov. 2, 2022) — When men’s college basketball teams Gonzaga and Michigan State face-off next week on an aircraft carrier in San Diego, shipbuilders and veterans from HII (NYSE: HII) and its Newport News Shipbuilding division will share in the national spotlight. The 2022 Peraton Armed Forces Classic, hosted by ESPN events,
HII Awarded $2.4 Billion to Build Amphibious Assault Ship LHA 9
HII’s (NYSE:HII) Ingalls Shipbuilding division has been awarded a $3.1 billion U.S. Navy fixed-price-incentive contract for the detail design and construction of amphibious assault ship LHA 9.
HII Receives Highest Level Capability Maturity Model Integration (CMMI) Rating
MCLEAN, Va. (Oct. 27, 2022) — HII’s (NYSE: HII) Live, Virtual and Constructive (LVC) Solutions business group was recently rated at a Capability Maturity Model Integration (CMMI) V2.0 Maturity Level 5 (ML5), the highest appraisal rating, for best practices that rapidly improve and sustain an organization’s performance and customer service capabilities. LVC Solutions, part of
HII Signs Lease In Arlington’s National Landing
Some of the employees from HII’s office near the Navy Yard, in Washington, D.C., will move to a new space at National Landing in Arlington, Virginia, in summer of 2023. HII will retain office space in the Navy Yard to facilitate the close working relationship with HII’s largest customer, the U.S. Navy. HII’s corporate headquarters