HII’s Newport News Shipbuilding Completes Contracted Work at Kenneth A. Kesselring Site
HII (NYSE: HII) announced that its Newport News Shipbuilding (NNS) division has completed contracted work at the Naval Nuclear Laboratory's Kenneth A. Kesselring Site in West Milton, New York.
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Rhea-AI Summary
HII (NYSE: HII) announced that its Newport News Shipbuilding (NNS) division has completed contracted work at the Naval Nuclear Laboratory's Kenneth A. Kesselring Site in West Milton, New York. Since 2012, NNS has provided maintenance services and led the refueling overhaul of a nuclear reactor prototype at the site, which supports the U.S. Navy's Naval Nuclear Propulsion Program.
Mary Cullen, NNS vice president of nuclear propulsion, stated that the completion of this work positions Kesselring to continue training nuclear operators for decades. NNS is the nation's sole designer, builder, and refueler of nuclear-powered aircraft carriers and one of only two shipyards capable of designing and building nuclear-powered submarines for the U.S. Navy.
Positive
- Completed long-term contracted work at the Kenneth A. Kesselring Site
- Successful refueling overhaul of a nuclear reactor prototype
- Strengthened position in naval nuclear propulsion services
- Maintained exclusive status as sole designer and builder of nuclear-powered aircraft carriers
Negative
- None.
Details
News Market Reaction – HII
The recorded move for HII in the trading session of this news was +0.03%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEWPORT NEWS, Va., July 18, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division has completed contracted work at the Naval Nuclear Laboratory’s Kenneth A. Kesselring Site in West Milton, New York.
Since 2012, NNS provided maintenance services and led the refueling overhaul of a nuclear reactor prototype at the Kesselring site, a research and development facility that supports the U.S. Navy's Naval Nuclear Propulsion Program.
“With the completion of our work, Kesselring is positioned to continue to train nuclear operators for decades to come,” explained Mary Cullen, NNS vice president of nuclear propulsion. “We are proud of our legacy supporting the Navy’s Naval Nuclear Propulsion Program. I want to thank the thousands of NNS shipbuilders who touched this project over the years. Their dedication and commitment to excellence is unmatched.”
NNS is the nation’s sole designer, builder and refueler of nuclear-powered aircraft carriers and one of only two shipyards capable of designing and building nuclear-powered submarines for the U.S. Navy.
A photo accompanying this release is available at: https://hii.com/news/hiis-newport-news-shipbuilding-completes-contracted-work-at-kenneth-a-kesselring-site/.
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.x.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/a9682cdc-d181-4c3f-950d-bb4e4911ede5
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