HII | Jotup

HII Begins Topside EMALS Testing on John F. Kennedy (CVN 79) at Newport News Shipbuilding

Retrieved on:

Wednesday, February 21, 2024

NEWPORT NEWS, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division (NNS) recently began topside testing of the electromagnetic aircraft launch system (EMALS) on aircraft carrier John F. Kennedy (CVN 79).

Key Points:

NEWPORT NEWS, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division (NNS) recently began topside testing of the electromagnetic aircraft launch system (EMALS) on aircraft carrier John F. Kennedy (CVN 79).
EMALS, first integrated into USS Gerald R. Ford (CVN 78), replaces the existing steam catapults currently in use on the U.S. Navy’s Nimitz-class aircraft carriers.
Following successful “no-load” testing on catapults one and two, known as the ‘bow cats,’ the NNS team, alongside the John F. Kennedy crew, has now started “dead-load” testing.
In addition to Kennedy, two other Ford-class carriers are under construction at NNS: Enterprise (CVN 80) and Doris Miller (CVN 81).

HII Employees Honored At 38th Annual Black Engineer of the Year Award (BEYA) STEM Conference

Retrieved on:

Friday, February 16, 2024

Engineering, Mission, Freedom, Research, STEM, Marketing, Culture, HII, Newport News Shipbuilding, Conference, Convention center, Science, Management

BALTIMORE, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Global all-domain defense provider HII (NYSE: HII) announced today that 10 employees from its Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies divisions were recognized for achievements in the science, technology, engineering and math fields during the 38th annual Black Engineer of the Year Award (BEYA) STEM Conference.

Key Points:

BALTIMORE, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Global all-domain defense provider HII (NYSE: HII) announced today that 10 employees from its Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies divisions were recognized for achievements in the science, technology, engineering and math fields during the 38th annual Black Engineer of the Year Award (BEYA) STEM Conference.
Six other HII employees received the Modern-Day Technology Leader award, which recognizes efforts in shaping the future of engineering, science and technology.
They are:
Three other employees received the Science Spectrum Trailblazer award, which recognizes efforts in creating new paths for others in science, research, technology and development.
Congratulations to all the honorees, whose dedication and innovation inspire us to reach new heights in the ever-evolving world of technology.”

HII Upgrades, Expands Food Option at Newport News Shipbuilding

Retrieved on:

Wednesday, February 7, 2024

Partnership, Supervisor, Conversion, Sailor, Newport News, Virginia, Snack, HII, Food safety, NNS, Newport News Shipbuilding, RCOH, Navy, Drink, Commanding officer, Aramark, Quality, Micromarket, Shipbuilding

NEWPORT NEWS, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding (NNS) division today marked the opening of its newest healthy food option within the shipyard.

Key Points:

NEWPORT NEWS, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding (NNS) division today marked the opening of its newest healthy food option within the shipyard.
Located mid-yard, the MicroMarket is especially convenient for those supporting aircraft carriers undergoing refueling and complex overhaul (RCOH) work at NNS.
“We’ve taken a holistic approach to addressing Quality of Service for Sailors assigned to the aircraft carriers and submarines at Newport News Shipbuilding,” said Capt.
“This new MicroMarket brings healthy food options closer to Sailors, providing easy access as they carry out their important duties.

HII Declares Quarterly Dividend

Retrieved on:

Wednesday, February 7, 2024

HII

NEWPORT NEWS, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on March 8, 2024, to shareholders of record as of the close of business on Feb. 23, 2024.

Key Points:

NEWPORT NEWS, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on March 8, 2024, to shareholders of record as of the close of business on Feb. 23, 2024.

HII Contributing to Success of U.S. Coast Guard’s Integrated Data Environment

Retrieved on:

Monday, February 5, 2024

Coast guard, Partnership, War, Data management, HII, Surveying

MCLEAN, Va., Feb. 05, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Enlighten subsidiary, based in Columbia, Maryland, supported the U.S. Coast Guard in achieving a three-year “authority to operate” (ATO) status on its Integrated Data Environment known as SURVEYOR.

Key Points:

MCLEAN, Va., Feb. 05, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Enlighten subsidiary, based in Columbia, Maryland, supported the U.S. Coast Guard in achieving a three-year “authority to operate” (ATO) status on its Integrated Data Environment known as SURVEYOR.
SURVEYOR is the U.S. Coast Guard enterprise cloud-based data architecture launched in 2022, to consolidate Coast Guard data source silos and enable the use of data as an enterprise strategic asset for data-informed execution of Coast Guard business and mission operations.
Enlighten’s cybersecurity measures helped fortify SURVEYOR, ensuring the protection of sensitive data crucial to the Coast Guard’s operations.
“We are honored to contribute to the success of the Coast Guard's SURVEYOR platform,” said Cody Hunt, Enlighten’s director of product.

HII Completes Builder’s Trials On Richard M. McCool Jr. (LPD 29)

Retrieved on:

Thursday, February 1, 2024

Ingalls Shipbuilding, LPD, LAMMPS, HII, Harpers Ferry, West Virginia, SAN, Navy, LSD, Shipbuilding

PASCAGOULA, Miss., Feb. 01, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division announced today the successful completion of builder’s sea trials for the amphibious transport dock ship Richard M. McCool Jr. (LPD 29).

Key Points:

PASCAGOULA, Miss., Feb. 01, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division announced today the successful completion of builder’s sea trials for the amphibious transport dock ship Richard M. McCool Jr. (LPD 29).
The San Antonio-class ship spent time in the Gulf of Mexico testing all systems in preparation for the remaining events that will occur prior to delivery of the ship, expected to occur in the spring.
“Our shipbuilders have worked hard to get LPD 29 to sea,” Ingalls Shipbuilding Ship Program Manager Davianne Stokes said.
LPD Flight II is the next generation amphibious ship to replace Whidbey Island (LSD 41) and Harpers Ferry (LSD 49) classes of dock landing ships.

HII Authorizes a $600 Million Increase in its Share Repurchase Program to $3.8 Billion

Retrieved on:

Wednesday, January 31, 2024

HII, Share repurchase

NEWPORT NEWS, Va., Jan. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Board of Directors has authorized an increase in the company’s share repurchase program from $3.2 billion to $3.8 billion and extended the term of the program from Oct. 31, 2024 to Dec. 31, 2028.

Key Points:

NEWPORT NEWS, Va., Jan. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Board of Directors has authorized an increase in the company’s share repurchase program from $3.2 billion to $3.8 billion and extended the term of the program from Oct. 31, 2024 to Dec. 31, 2028.
“This action demonstrates continued confidence in HII’s free cash flow generation and supports our commitment to return free cash flow to our shareholders,” said Chris Kastner, HII’s president and CEO.
Purchases under the share repurchase program may be made from time to time at the discretion of management in the open market, through privately negotiated transactions or through other means, are subject to prevailing market conditions and other factors, and may be suspended or discontinued at any time.

HII is Awarded Advanced Planning Contract for USS Harry S. Truman (CVN 75) RCOH

Retrieved on:

Friday, January 26, 2024

RCOH, Documentation, Navy, CVN, Engineering, NNS, Newport News Shipbuilding, Forecasting, USS Harry S. Truman, HII, Newport News, Virginia

NEWPORT NEWS, Va., Jan. 26, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division was awarded an advanced planning contract for the refueling and complex overhaul (RCOH) of the nuclear-powered aircraft carrier USS Harry S. Truman (CVN 75).

Key Points:

NEWPORT NEWS, Va., Jan. 26, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division was awarded an advanced planning contract for the refueling and complex overhaul (RCOH) of the nuclear-powered aircraft carrier USS Harry S. Truman (CVN 75).
The contract, which has the total potential value of $913 million, includes engineering, design, material procurement and fabrication, documentation, resource forecasting and pre-overhaul inspections.
“Comprehensive planning is vitally important to the overall success of an engineering and construction project of this magnitude on the aircraft carriers that serve our nation,” said Rob Check, NNS vice president of in-service aircraft carrier programs.
A photo accompanying this release is available at: https://hii.com/news/hii-advanced-planning-contract-uss-harry-s-truman-c... .

HII to Hold Investor Day

Retrieved on:

Friday, January 26, 2024

HII

NEWPORT NEWS, Va., Jan. 26, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will host its Investor Day on March 20, 2024.

Key Points:

NEWPORT NEWS, Va., Jan. 26, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will host its Investor Day on March 20, 2024.
The Investor Day will be held at the New York Stock Exchange.
All interested parties are invited to access the live webcast from HII’s Investor Relations site .
A replay will be available after the conclusion of the event.

HII Hosts Assistant Secretary of the Navy at Newport News Shipbuilding

Retrieved on:

Thursday, January 25, 2024

Development, Columbia, Assistant, Navy, NNS, Newport News Shipbuilding, CVN, HII, USS John C. Stennis, 138th, RCOH, USS, Investment, Newport News, Virginia, Research

NEWPORT NEWS, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted Assistant Secretary of the Navy for Research, Development and Acquisition Nickolas Guertin at its Newport News Shipbuilding division Wednesday.

Key Points:

NEWPORT NEWS, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted Assistant Secretary of the Navy for Research, Development and Acquisition Nickolas Guertin at its Newport News Shipbuilding division Wednesday.
The shipyard visit is the first since Guertin was sworn in to the position.
“We were honored to welcome Secretary Guertin to the shipyard in his new role,” NNS President Jennifer Boykin said.
“Our shipbuilders understand the critical work we do supplying the nuclear-powered aircraft carriers and submarines our nation needs.