HII Names Todd Borkey as Chief Technology Officer

HII (NYSE: HII) has elevated Todd Borkey to executive vice president and chief technology officer, effective immediately.

Rhea-AI Summary

HII (NYSE: HII) has elevated Todd Borkey to executive vice president and chief technology officer, effective immediately. Borkey, who previously led HII’s Mission Technologies division, will now direct the company's technology strategy, focusing on research and development to enhance existing products and drive growth. HII is recognized as a leader in transitioning technology for defense missions and manages over $1 billion annually in R&D. Borkey brings extensive experience from previous roles at Alion Science and Technology and Northrop Grumman.

Positive

• Todd Borkey's promotion supports HII's technology strategy and growth.
• Borkey's leadership is expected to enhance product development and market growth.

Negative

• None.

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NEWPORT NEWS, Va., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Global defense and technologies partner HII (NYSE: HII) announced today that Todd Borkey has been promoted to executive vice president and chief technology officer, effective immediately and reporting directly to HII President and CEO Chris Kastner.

The move comes during a time of technological advancement for HII and expands the scope of responsibilities for Borkey, who has served as chief technology officer of HII’s Mission Technologies division since 2021. In his new role, Borkey will oversee the company’s technology strategy, including research and development, to enhance HII’s existing products and services and to develop new capabilities to drive market growth.

“Todd has demonstrated true leadership in developing synergies between HII’s technologies and platforms, enhancing speed-to-mission for our customers and supporting our growth,” Kastner said. “This new role expands HII’s opportunities for impact on behalf of our customers, employees and shareholders alike.”

A photo accompanying this release is available at: https://hii.com/news/hii-names-todd-borkey-chief-technology-officer.

“HII is a leader at transitioning new technology into the Defense Department mission,” Borkey said. “In addition to being the nation’s trusted producer of complex warships, we manage over $1 billion of research, development, test and evaluation work annually. We are ready to support the coming decade with market leading positions in live, virtual, constructive simulation and training; artificial intelligence and machine learning; big data, C5ISR; cyber and electronic warfare; autonomy; and nuclear services. These technologies will change the speed of warfare and we are working hard to insure that our military holds the advantage with them.”

Prior to joining HII, Borkey served as chief technology officer at Alion Science and Technology, Thales Defense and Security, and DRS Defense Solutions where he was responsible for the technical roadmap and program operations to a wide range of products, including RF communications, C5ISR solutions, remote sensors, radars, sonars, and cyber/electronic warfare products. Earlier in his career, Borkey performed a range of engineering and management assignments within Northrop Grumman and AT&T Bell Labs. He has a master’s degree in engineering management from Stevens Institute of Technology and an undergraduate degree in applied mathematics.

About HII

HII is an all-domain defense and technologies partner, recognized worldwide as America’s largest shipbuilder. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and enable an all-domain force. Headquartered in Virginia, HII’s skilled 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 Twitter: https://www.twitter.com/WeAreHII
• HII on Instagram: https://www.instagram.com/WeAreHII

Contact:  

Danny Hernandez
Danny.J.Hernandez@hii-co.com   
(202) 580-9086

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/22041382-05d8-4427-8e0f-2824138152be

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new chief technology officer of HII?

Todd Borkey has been appointed as the new chief technology officer of HII.

What are Todd Borkey's responsibilities at HII?

Borkey will oversee HII's technology strategy, focusing on research and development.

How much does HII spend annually on research and development?

HII manages over $1 billion in research, development, test, and evaluation work annually.

What position did Todd Borkey hold before becoming CTO?

Before his promotion, Borkey served as the chief technology officer of HII’s Mission Technologies division.

When was Todd Borkey promoted to CTO of HII?

Todd Borkey's promotion to chief technology officer was announced on September 26, 2022.