Huntington Ingalls Industries (NYSE: HII) has won a potential $154.2M contract from the U.S. Navy to perform modernization, repair and maintenance work on USS Rushmore. HII’s San Diego Shipyard business will implement fiscal 2019 drydock selected restricted availability of the Whidbey Island-class dock landing ship, the Department of...
Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year™s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in approximately real-time. The basket wil...
Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Centreville, Va.-based Fulcrum IT Services as part of efforts to broaden predictive threat analytics and situational awareness offerings. HII said Monday Fulcrum will run as part of its technical solutions division and will bring capabilities in cybersecurity, engineering, so...
Three companies have won positions on a potential five-year, $40M contract to design and engineer various marine platforms for the U.S. Navy. The Puget Sound Naval Shipyard and Intermediate Maintenance Facility received five offers for the multiple-award indefinite-delivery/indefinite-quantity, firm-fixed-price contract via a competitive a...
The U.S. Navy has exercised the third option period on indefinite-delivery/indefinite-quantity contracts with BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to maintain the military branch’s amphibious ships. Each contractor will have the chance to vie for complex, emergent and continuous ...
Huntington Ingalls Industries™ (NYSE: HII) Newport News Shipbuilding division will design and build two Gerald R. Ford-class aircraft carriers for the U.S Navy under a $15.2B contract modification. The company said Thursday it will construct the future Enterprise vessel, designated CVN 80, and the yet-to-be-named CVN 81 ...
BAE Systems, Huntington Ingalls Industries (NYSE: HII) and General Dynamics (NYSE: GD) NASSCO subsidiary have received $90.2M in total contract modifications to help the Chief of Naval Operations maintain surface combatant vessels stationed in San Diego. All three contractors will continue to bid for complex, emergent and continuous maintenance...
Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Fulcrum IT Services for an undisclosed sum in a move to grow predictive threat analytics and situational awareness offerings for the government sector. The deal is expected to be completed in February and would add cybersecurity, software development, big data, special op...
Joseph Tofalo, a retired U.S. Navy vice admiral, has been appointed vice president of program integration and assessment at Huntington Ingalls Industries (NYSE: HII). HII said Monday Tofalo succeeds Jay Donnelly, who will transition to a new role as corporate VP of advanced technologies, and will work with government, academ...
Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division has received a $228.8M contract modification to obtain additional materials necessary to build a third Gerald R. Ford-class aircraft carrier for the U.S. Navy. The modification expands the scope of a previously awarded contract for USS Enterprise (CVN ...
