HII Hosts Acting Secretary of Labor and Secretary of the Navy at The Newport News Shipbuilding Apprentice School
Rhea-AI Summary
HII (NYSE: HII) hosted Acting Secretary of Labor Julie Su and Secretary of the Navy Carlos Del Toro at its Newport News Shipbuilding Apprentice School. The event focused on workforce development and national security. The Department of Labor presented $6 million in Apprenticeship Building America grants to the Hampton Roads Workforce Council (HRWC) to enhance employment pathways in the region.
The Apprentice School, funded by HII, offers tuition-free apprenticeships in 19 trades and 8 advanced programs. It is accredited to offer associate's degrees in maritime technology and provides opportunities for higher education through partnerships with local colleges and universities. The school plays a vital role in constructing advanced U.S. Navy aircraft carriers and submarines at Newport News Shipbuilding.
Positive
- HII received high-profile government visits, potentially strengthening relationships with key stakeholders
- $6 million in grants awarded to HRWC, which could indirectly benefit HII's workforce development efforts
- The Apprentice School offers tuition-free training, potentially reducing HII's long-term labor costs
- Partnerships with local educational institutions enhance HII's workforce development capabilities
Negative
- None.
News Market Reaction – HII
In the trading session that priced this news, HII gained 1.00%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEWPORT NEWS, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted Acting Secretary of Labor Julie Su and Secretary of the Navy Carlos Del Toro today at the company’s Newport News Shipbuilding division where they recognized the efforts of the Hampton Roads Workforce Council (HRWC).
Su and Del Toro were joined by Rep. Robert C. “Bobby” Scott, D-Va., and Newport News Mayor Phillip Jones for an event at HII’s Newport News Shipbuilding Apprentice School focused on workforce development and national security.
“We can and should be building the ships that make us secure, make us strong, right here in the United States, right here in Newport News, because we have the talented people to do it,” Su said.
Wednesday’s tour highlighted how The Apprentice School is vital to the construction of the most technologically advanced U.S. Navy aircraft carriers and submarines at NNS. The Department of Labor presented
Photos accompanying this release are available at: https://hii.com/news/secretary-of-the-navy-secretary-of-labor-visit-hii.
“We have forged partnerships with workforce and economic development stakeholders, business and industry leaders, education and training providers, and community-based organizations, with the shared opportunity of investing in human infrastructure, strengthening our workforce development system and promoting the ‘good jobs’ principle,” said Shawn Avery, Hampton Roads Workforce Council president and CEO. “It’s a holistic approach that we are putting together in Hampton Roads to ensure we are meeting the needs of businesses and industry.”
“The Apprentice School is part of our nation’s opportunity infrastructure,” Su said. “It’s a part of the opportunity infrastructure right here in this community too. What it does is it creates a debt-free pathway for individuals with hunger and with drive to get a good job right here in their community.”
Funded by HII to train and develop the next generation of shipbuilders, The Apprentice School offers four- to eight-year, tuition-free apprenticeships in 19 trades and eight optional advanced programs.
Accredited by the Council for Occupational Education, The Newport News Shipbuilding Apprentice School is certified to offer associate’s degrees of applied science in maritime technology in 26 educational programs. Through partnerships with Virginia Peninsula Community College, Tidewater Community College and Old Dominion University, the Apprentice School’s academic program provides the opportunity to earn associate degrees in business administration, engineering and engineering technology and bachelor’s degrees in mechanical or electrical engineering.
About HII
HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
Contact:
Todd Corillo
Todd.T.Corillo@hii-co.com
(757) 688-3220
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d2f04232-b57f-44a9-bdbd-74bae56b96a9
