Huntington Ingalls Industries (NYSE: HII) has purchased Annapolis Junction, Md.-based cybersecurity services provider G2 for an undisclosed amount in a move to grow its professional services business and portfolio of information assurance and cyber offerings. HII said Monday it will integrate G2 into its technical solutions division led by Andy...
Consulting firm McAleese & Associates has issued a report saying Huntington Ingalls Industries (NYSE: HII) is œecstatic about the Bipartisan Budget Act™s shipbuilding funds for fiscal years 2018 and 2019. œ[W]e are in a great spot because ships have been authorized and appropriated in the 2018-2019 window, which takes a lot o...
A report by consulting firm McAleese & Associates says Huntington Ingalls Industries (NYSE: HII) saw its revenue rise 12 percent to $2.1B in the third quarter of 2018 with a year-to-date sales increase of 10 percent. HII posted $290M in Q3 total corporate profit, reflecting a 20 percent increase from the same period last...
TYSONS CORNER, VA, October 30, 2018 ” Huntington Ingalls Industries (NYSE: HII) will work to update a U.S. Navy Arleigh Burke-class destroyer under a potential $51.5M contract that runs through January 2020, ExecutiveBiz reported Monday. The Defense Department said Friday HII San Diego Shipyard will perform maintenance and r...
Garry Schwartz, formerly vice president and general manager of the training, cyber and engineering business at Huntington Ingalls Industries‘ (NYSE: HII) mission driven innovative solutions group, has been promoted to president of the MDIS business. He will work at the company’s Fairfax, Va. office and will oversee the MDI...
Government industry veterans Phil Nolan and Dave Keffer have been named general partners at McLean, Va.-based private equity firm Blue Delta Capital Partners. Nolan has been an advisory board member at Blue Delta since 2011. He previously served as CEO of Stanley, which CGI (NYSE: GIB) purchased in 2010, and Camber that Huntington Ingalls Indus...
The U.S. Coast Guard on Friday awarded Huntington Ingalls Industries™ (NYSE: HII) Ingalls Shipbuilding division a $97M firm-fixed-price contract to procure materials for the 11th National Security Cutter. HII said Monday it will purchase long-lead items such as main propulsion systems, steel, generators, electrical switchboards and ma...
TYSONS CORNER, VA, September 28, 2018 ” A Huntington Ingalls Industries (NYSE: HII) division will help maintain U.S. Navy expeditionary equipment in support of the military branch’s coastal riverine forces under a potential $34M contract, ExecutiveBiz reported Tuesday. The company said Monday its technical solutio...
The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $5.25B contract and General Dynamics™ (NYSE: GD) Bath Iron Works subsidiary a potential $4.03B contract to construct new Arleigh Burke-class guided missile destroyer ships. Under the contract, HII will build up to six DDG 51 ships while Bath Iron Works wil...
TYSONS CORNER, VA, September 25, 2018 ” A division of Huntington Ingalls Industries (NYSE: HII) has equipped a U.S. Navy Nimitz-class nuclear-powered aircraft carrier with a new integrated radar structure as part of a refueling and complex overhaul program worth $2.8B, ExecutiveBiz reported Monday. The company said Friday its Newport News ...
