Newport News Shipbuilding

HII Breaks Ground on New Submarine Facility at Newport News Shipbuilding

Retrieved on: 
Thursday, February 9, 2023

NEWPORT NEWS, Va., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Global all-domain defense partner HII (NYSE: HII) recently broke ground on a new project that will support nuclear submarine construction at its Newport News Shipbuilding division.

Key Points: 
  • NEWPORT NEWS, Va., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Global all-domain defense partner HII (NYSE: HII) recently broke ground on a new project that will support nuclear submarine construction at its Newport News Shipbuilding division.
  • The Multi-Class Submarine Production Facility is one of three new facilities, enabling NNS to further support the construction and delivery of Columbia- and Virginia-class submarines.
  • The Multi-Class Submarine Production Facility is designed to be adaptable, allowing NNS to support both Columbia- and Virginia-class construction.
  • The Multi-Class Submarine Production Facility is funded jointly by the Navy and HII, and is part of $1.9 billion in capital investments HII is making at NNS between 2016 and 2025.

David Streett Takes Helm as Valkyrie CEO

Retrieved on: 
Wednesday, January 18, 2023

Jeff Weber, Partner at DC Capital, said, "Gary Lisota and Dave Streett have built Valkyrie into a formidable platform.

Key Points: 
  • Jeff Weber, Partner at DC Capital, said, "Gary Lisota and Dave Streett have built Valkyrie into a formidable platform.
  • Valkyrie Founder and former CEO, Gary Lisota, will continue in a senior leadership role as Vice Chairman and focus on growth and business development.
  • "I am honored to have the opportunity to lead Valkyrie Enterprises," Streett said.
  • David began his career serving in the U.S. Navy nuclear power program in the submarine service.

$500,000 ACT Grant Awarded to Fund New Virginia Beach City Public Schools Renewable Energy Technologies Program

Retrieved on: 
Wednesday, December 7, 2022

The inaugural year's shared focus on Education and Workforce Development will support the Virginia Beach City Public Schools (VBCPS) addition of a new two-year, half-day Advanced Technology Center (ATC) Renewable Energy Technologies program.

Key Points: 
  • The inaugural year's shared focus on Education and Workforce Development will support the Virginia Beach City Public Schools (VBCPS) addition of a new two-year, half-day Advanced Technology Center (ATC) Renewable Energy Technologies program.
  • "As founding partners, the Contributions Committee is thrilled with the interest the ACT Grant has generated.
  • "We are investing not just in a public school program but in the future of our region, and we look forward to seeing the impact our ACT Grant will yield."
  • The funded program will work specifically to:
    Connect Grades 9-12 to solar, offshore wind, and electric vehicles trade certificate programs
    "This is a great day for innovation and sustainability here in Virginia Beach City Public Schools.

HII Authenticates Keel of Virginia-Class Attack Submarine Arkansas (SSN 800)

Retrieved on: 
Saturday, November 19, 2022

NEWPORT NEWS, Va., Nov. 19, 2022 (GLOBE NEWSWIRE) -- HIIs (NYSE: HII) Newport News Shipbuilding (NNS) division hosted a keel authentication ceremony today for Virginia-class submarine Arkansas (SSN 800).

Key Points: 
  • NEWPORT NEWS, Va., Nov. 19, 2022 (GLOBE NEWSWIRE) -- HIIs (NYSE: HII) Newport News Shipbuilding (NNS) division hosted a keel authentication ceremony today for Virginia-class submarine Arkansas (SSN 800).
  • This group forever changed our nations history and their submarine will help ensure their legacy continues, NNS President Jennifer Boykin said.
  • Arkansas is the 27th Virginia-class fast attack submarine being built under the teaming agreement with General Dynamics Electric Boat.
  • Representing our asymmetric advantage in the undersea domain, the Arkansas will have no equal, said Vice Adm. William Houston, commander, Naval Submarine Forces.

BayPort Donates Backpacks and Books to Local Students within Boys & Girls Clubs of the Virginia Peninsula

Retrieved on: 
Monday, November 21, 2022

NEWPORT NEWS, Va., Nov. 21, 2022 /PRNewswire/ -- BayPort Credit Union today announced it has donated 500 backpacks to the Boys & Girls Clubs of the Virginia Peninsula (BGCVP), which serves youth across the Virginia Peninsula and surrounding communities including Newport News, Hampton, York, Gloucester, and Mathews County.

Key Points: 
  • NEWPORT NEWS, Va., Nov. 21, 2022 /PRNewswire/ -- BayPort Credit Union today announced it has donated 500 backpacks to the Boys & Girls Clubs of the Virginia Peninsula (BGCVP), which serves youth across the Virginia Peninsula and surrounding communities including Newport News, Hampton, York, Gloucester, and Mathews County.
  • In addition to the backpack donation, BayPort presented BGCVP a $1,000 Amazon gift card to help purchase new books for their "Power Hour" programming.
  • "We are so grateful for the continuous generosity that BayPort provides to our community's greatest asset our kids.
  • Boys & Girls Clubs of the Virginia Peninsula serves more than 5,000 youth on the Virginia Peninsula and surrounding communities.

HII-Built Aircraft Carrier & Shipbuilders Get National Spotlight on Veterans Day

Retrieved on: 
Wednesday, November 2, 2022

Two NNS shipbuilders who are military veterans will receive special recognition during the game.

Key Points: 
  • Two NNS shipbuilders who are military veterans will receive special recognition during the game.
  • CVN 65 was built at NNS and was the worlds first nuclear-powered aircraft carrier.
  • As America recognizes the 100-year legacy of aircraft carriers this year, all aircraft carriers operating in the U.S. Navy fleet today were built at NNS.
  • In August, HII celebrated the ceremonious keel-laying of the next Gerald R. Ford-class aircraft carrier, Enterprise (CVN 80).

BayPort Donates $10,000 to the Salvation Army Florida as Hurricane Ian Relief Continues

Retrieved on: 
Tuesday, October 25, 2022

NEWPORT NEWS, Va., Oct. 25, 2022 /PRNewswire/ -- BayPort Credit Union today announced it is donating $10,000 to the Salvation Army Florida to support its hurricane relief fund.

Key Points: 
  • NEWPORT NEWS, Va., Oct. 25, 2022 /PRNewswire/ -- BayPort Credit Union today announced it is donating $10,000 to the Salvation Army Florida to support its hurricane relief fund.
  • The Salvation Army Florida provides resources and personnel to meet Hurricane Ian's immediate and continued relief needs.
  • Hurricane Ian made historic landfall as a Category 4 storm on the night of Wednesday, September 28, 2022, on the west coast of Florida.
  • BayPort has selected the Salvation Army due to its longstanding partnership with the Salvation Army of the Virginia Peninsula.

HII Breaks Ground on Two Habitat For Humanity Homes

Retrieved on: 
Tuesday, October 11, 2022

These will be the first Habitat for Humanity homes built in the city of Newport News using 3D printing technology and are just the third and fourth Habitat for Humanity homes in the country being built using 3D printing technology.

Key Points: 
  • These will be the first Habitat for Humanity homes built in the city of Newport News using 3D printing technology and are just the third and fourth Habitat for Humanity homes in the country being built using 3D printing technology.
  • Where we see vacant lots now, there will be not one but two high-quality houses, demonstrating the craftsmanship for which Habitat for Humanity and our shipbuilders are known.
  • It is amazing to have a company like HII not only provide financial support, yet actually come out to help build two homes at once, said Janet V. Green, CEO of Habitat for Humanity Peninsula and Greater Williamsburg.
  • Tuesdays groundbreaking also featured remarks from LaShand Coleman, a current Habitat for Humanity homeowner andNNS shipbuilder.

BayPort Credit Union Named #1 for Financial Education in Virginia

Retrieved on: 
Monday, September 19, 2022

NEWPORT NEWS, Va., Sept. 19, 2022 /PRNewswire/ -- For the third straight year, BayPort Credit Union is the only Virginia credit union to have won in all four award categories in the 2022 Social Responsibility Awards sponsored by the Virginia Credit Union League (VACUL) and the Credit Union National Association (CUNA).

Key Points: 
  • NEWPORT NEWS, Va., Sept. 19, 2022 /PRNewswire/ -- For the third straight year, BayPort Credit Union is the only Virginia credit union to have won in all four award categories in the 2022 Social Responsibility Awards sponsored by the Virginia Credit Union League (VACUL) and the Credit Union National Association (CUNA).
  • BayPort is recognized for its free financial education outreach, robust Student-Run Credit Union programs, sustained charitable giving and educational scholarships, and enhanced digital services.
  • "BayPort's commitment to financial education is a core component of our mission," said Jim Mears, BayPort Credit Union President and CEO.
  • Today, BayPort Credit Union is rated a Superior 5-Star credit union by Bauer Financial, managing $2.2 billion in assets and servicing nearly 148,000 individuals and businesses with 27 branch locations across the Virginia Peninsula and Southside communities.

3D Systems Announces First to Market CuNi (CuNi30) Alloy for Laser Powder Bed Fusion

Retrieved on: 
Tuesday, September 6, 2022

This material resulted from the companys collaboration with HIIs Newport News Shipbuilding division to develop materials and process parameters for laser powder bed fusion additive manufacturing.

Key Points: 
  • This material resulted from the companys collaboration with HIIs Newport News Shipbuilding division to develop materials and process parameters for laser powder bed fusion additive manufacturing.
  • CuNi alloys are historically difficult to cast, which often adds costly cycles of rework and reinspection to meet quality standards.
  • 3D Systems has earned a reputation as a trusted partner for advanced R&D and commercialization of novel additive manufacturing materials and applications, said Dr. Michael Shepard, vice president, aerospace & defense segment, 3D Systems.
  • More than 30 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry.