Newport News, Virginia

Ventus Respiratory Technologies to Present at Virginia Hazardous Materials Conference

Retrieved on: 
Tuesday, September 19, 2023

Toronto, Ontario & Newport News, VA, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Ventus Respiratory Technologies , which has pioneered a new standard of respiratory protection for law enforcement, the armed forces, and first responders, is pleased to announce that its CEO, Arjun Grewal, has been selected to present at the Virginia Hazardous Materials (“HazMat”) Conference .

Key Points: 
  • Toronto, Ontario & Newport News, VA, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Ventus Respiratory Technologies , which has pioneered a new standard of respiratory protection for law enforcement, the armed forces, and first responders, is pleased to announce that its CEO, Arjun Grewal, has been selected to present at the Virginia Hazardous Materials (“HazMat”) Conference .
  • The Virginia HazMat Conference is sponsored by The Virginia Association of Hazardous Materials Response Specialists, which operates in partnership with the Virginia Department of Emergency Management (VDEM).
  • The Conference and Expo runs September 19-22, 2023 at the Newport News Marriott at City Center.
  • ONE9 is Canada’s first and only venture capital fund and accelerator focused purely on national security and critical infrastructure technologies.

20 Winners Awarded $75,000 in BayPort's Debt Paydown Sweepstakes

Retrieved on: 
Friday, September 22, 2023

NEWPORT NEWS, Va., Sept. 22, 2023 /PRNewswire/ -- BayPort Credit Union announced it has awarded 20 members $75,000 in cash to pay down their existing balance on any BayPort debt as part of its fifth annual Debt Paydown Sweepstakes.

Key Points: 
  • NEWPORT NEWS, Va., Sept. 22, 2023 /PRNewswire/ -- BayPort Credit Union announced it has awarded 20 members $75,000 in cash to pay down their existing balance on any BayPort debt as part of its fifth annual Debt Paydown Sweepstakes.
  • For five straight years, BayPort has awarded members with Debt Paydown cash prizes ranging from $1,000 to $25,000 to help improve their financial wellness.
  • Ostein and two $10,000 Sweepstakes winners were surprised by BayPort President/CEO Jim Mears in-studio of local NBC affiliates WAVY-TV 10 and WVBT FOX 43.
  • In the five years since launching the Debt Paydown, BayPort has awarded $275,000 to 116 members of all ages and backgrounds.

SouthState Expands Virginia Presence to Hampton Roads Market

Retrieved on: 
Monday, September 18, 2023

WINTER HAVEN, Fla., Sept. 18, 2023 /PRNewswire/ -- SouthState Bank today announced the expansion of its presence in Virginia, with the addition of an office and a team in Hampton Roads.

Key Points: 
  • WINTER HAVEN, Fla., Sept. 18, 2023 /PRNewswire/ -- SouthState Bank today announced the expansion of its presence in Virginia, with the addition of an office and a team in Hampton Roads.
  • The bank has established a commercial banking office in the Virginia Beach town center area and is pleased to add the following talent with more than 100 years of combined banking experience to its team:
    Adam Jobe – Hampton Roads market executive and Commercial team leader, Virginia Beach, Virginia – is a native of Hampton Roads and has spent nearly two decades in banking in the market.
  • Janson Greene – Commercial banker, Virginia Beach, Virginia – also a native of Hampton Roads, brings more than two decades of in-market banking experience to his role at SouthState.
  • Helen Quinn – Commercial loan assistant, Hampton, Virginia – is a native of Hampton Roads and brings more than 30 years of banking experience in the market to her role at SouthState.

Acquisition Executive Randy Walden Joins Scientific Systems As Strategic Advisor

Retrieved on: 
Thursday, September 14, 2023

WOBURN, Mass., Sept. 14, 2023 /PRNewswire/ -- Scientific Systems, an industry leader in advanced autonomy and artificial intelligence for defense applications, today announced that former U.S. Air Force acquisition and technical officer Randy "Waldo" Walden has joined the company as a strategic advisor. Mr. Walden will offer guidance to Scientific Systems as it operationalizes collaborative autonomy for the warfighter across a range of multi-domain crewed and uncrewed technology.

Key Points: 
  • WOBURN, Mass., Sept. 14, 2023 /PRNewswire/ -- Scientific Systems, an industry leader in advanced autonomy and artificial intelligence for defense applications, today announced that former U.S. Air Force acquisition and technical officer Randy "Waldo" Walden has joined the company as a strategic advisor.
  • Mr. Walden will offer guidance to Scientific Systems as it operationalizes collaborative autonomy for the warfighter across a range of multi-domain crewed and uncrewed technology.
  • "Scientific Systems has been on my radar for over a decade," said Mr. Walden.
  • Following the recent announcement of retired Air Force General Charles "Corky" Corcoran as strategic advisor, plus the addition of Mr. Walden, Scientific Systems is building a strong team of advisors to advance its vision of autonomy for any mission.

HII Hosts Unique Hiring Event with Community Partners

Retrieved on: 
Thursday, September 14, 2023

NEWPORT NEWS, Va., Sept. 14, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division recently hosted its first-ever hiring event focused exclusively on teenagers aging out of the foster care system.

Key Points: 
  • NEWPORT NEWS, Va., Sept. 14, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division recently hosted its first-ever hiring event focused exclusively on teenagers aging out of the foster care system.
  • Wednesday’s hiring event, held in Virginia Beach, was a collaboration between NNS and Connect With a Wish, a 501(c)(3) nonprofit, that connects children in foster care with resources and support.
  • “This is a great example of our intentional investments with external partners to ensure we reach the diverse workforce necessary to meet our hiring goals,” said Xavier Beale, NNS vice president of human resources and trades.
  • To learn more about career opportunities at HII, visit https://hii.com/careers/ .

Diana Shipping Inc. Announces Time Charter Contracts for m/v Newport News with NYK Line And m/v Ismene with Paralos Shipping

Retrieved on: 
Monday, September 11, 2023

The charter is expected to commence during the second half of September 2023.

Key Points: 
  • The charter is expected to commence during the second half of September 2023.
  • The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Paralos Shipping Pte.
  • Diana Shipping Inc.’s fleet currently consists of 41 dry bulk vessels: 4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

BayPort Credit Union Ranked #1 in Virginia for Excellence in Member Service and Digital Branch Launch

Retrieved on: 
Wednesday, August 30, 2023

NEWPORT NEWS, Va., Aug. 30, 2023 /PRNewswire/ -- For the fourth straight year, BayPort Credit Union is the only Virginia credit union to have won in all four award categories in the 2023 Social Responsibility and Member Service Awards sponsored by the Virginia Credit Union League (VACUL) and the Credit Union National Association (CUNA).

Key Points: 
  • NEWPORT NEWS, Va., Aug. 30, 2023 /PRNewswire/ -- For the fourth straight year, BayPort Credit Union is the only Virginia credit union to have won in all four award categories in the 2023 Social Responsibility and Member Service Awards sponsored by the Virginia Credit Union League (VACUL) and the Credit Union National Association (CUNA).
  • This year, BayPort is recognized for launching their comprehensive digital branch and enhanced virtual banking experience, $500,000 Accelerating Change Together grant, free virtual and in-person adult financial education outreach, and classroom youth financial literacy through its Student-Run Credit Union programs.
  • In the Louise Herring Award category, BayPort won first place for launching their first-ever digital branch by allowing members to experience the same one-on-one member service without stepping foot in a branch.
  • Launching its digital branch continues the enhancement and commitment to excellent member service to adapt and meet members in the banking channel of their choice.

BayPort Foundation Announces it's Time to Run, Crawl, and SHELLebrate on October 7-8

Retrieved on: 
Friday, August 25, 2023

This year, the Foundation is proud to partner with Newport News Shipbuilding and Zogo as its official race sponsors.

Key Points: 
  • This year, the Foundation is proud to partner with Newport News Shipbuilding and Zogo as its official race sponsors.
  • The festive event has a race distance for all abilities and all ages: Half Marathon, 5K, and Kids 1K.
  • Over the past two 2021 and 2022 Crawlin' Crab Race Weekends, the Foundation raised $57,692 to support its mission.
  • Registration for the 2023 BayPort Foundation Crawlin' Crab Race Weekend is currently open.

HII Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

Record second quarter revenues of $2.8 billion, up 4.7% compared to second quarter 2022

Key Points: 
  • Record second quarter revenues of $2.8 billion, up 4.7% compared to second quarter 2022
    NEWPORT NEWS, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- HII (NYSE:HII) reported second quarter 2023 revenues of $2.8 billion, up 4.7% from the second quarter of 2022, driven primarily by growth at Newport News Shipbuilding and Mission Technologies.
  • Operating income in the second quarter of 2023 was $156 million and operating margin was 5.6%, compared to $191 million and 7.2%, respectively, in the second quarter of 2022.
  • Segment operating income2 in the second quarter of 2023 was $169 million and segment operating margin2 was 6.1%, compared to $225 million and 8.5%, respectively, in the second quarter of 2022.
  • New contract awards in the second quarter of 2023 were approximately $2.6 billion, bringing total backlog to approximately $46.9 billion as of June 30, 2023.

HII Authenticates Keel of Virginia-Class Attack Submarine Oklahoma (SSN 802)

Retrieved on: 
Wednesday, August 2, 2023

NEWPORT NEWS, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding (NNS) division authenticated the keel today for Virginia-class attack submarine Oklahoma (SSN 802).

Key Points: 
  • NEWPORT NEWS, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding (NNS) division authenticated the keel today for Virginia-class attack submarine Oklahoma (SSN 802).
  • “The nuclear submarines we build help ensure our peace and freedoms, and we take great pride in being a nuclear shipyard.”
    The ship’s sponsor is Mary “Molly” Slavonic, an Oklahoma native.
  • “I am deeply honored to be the sponsor for Oklahoma, named in honor of my beloved home state,” Slavonic said.
  • “This time-honored tradition celebrates the hard work of thousands of shipbuilders from HII who have been working on Oklahoma, the first Block V Virginia-class submarine,” said Cmdr.