Huntington Ingalls Inds Inc Stock Price, News & Analysis

Huntington Ingalls Industries (HII) has declared a quarterly cash dividend of $1.14 per share, payable on Sept. 10, 2021. Shareholders of record as of Aug. 27, 2021 will receive this dividend. HII is recognized as America’s largest military shipbuilding company, providing a range of professional services which include defense solutions and support for national security missions. The company operates both domestically and internationally, employing over 41,000 people.

Huntington Ingalls Industries (HII) announced significant progress on the John F. Kennedy (CVN 79) aircraft carrier construction. The Newport News Shipbuilding division has completed over 20% of the compartments, delivering more than 500 of the 2,615 spaces. Additionally, more than 8 million feet of cable have been installed, out of the total 10.5 million feet required. The ship is over 80% complete and is scheduled for Navy delivery in 2024. HII expressed satisfaction with the progress and anticipates successful systems testing as they move closer to fleet delivery.

Huntington Ingalls Industries (HII) has secured a contract valued at $346 million to provide personnel recovery and casualty evacuation services for U.S. Africa Command (USAFRICOM) and its partners. The contract, part of the One Acquisition Solution for Integrated Services, spans one base year with four additional options. HII will deliver aircraft, operational support, and emergency medical care, enhancing evacuation response times and survival rates in East Africa. This service highlights the strategic importance of U.S. military presence in the region.

Huntington Ingalls Industries (NYSE: HII) announced the appointment of Kimberly Lebak as president and general manager of Newport News Nuclear BWXT-Los Alamos (N3B). She will oversee the 10-year, $1.4 billion legacy cleanup contract for the Los Alamos site under the U.S. Department of Energy. Lebak, who has a strong background in government and was previously the manager of the National Nuclear Security Administration Los Alamos Field Office, joined HII in 2018. Her leadership is expected to enhance N3B’s operational effectiveness.

Huntington Ingalls Industries (NYSE: HII) invites media to a briefing on August 2, 2021, at the Gaylord National Resort, discussing its role as a solutions provider for national security. Key executives, including Chris Kastner and Jennifer Boykin, will present insights on the company’s capabilities in military shipbuilding and national security missions. Media will have the opportunity to ask questions following the presentation. HII, the largest military shipbuilder in America, employs over 41,000 people and has a significant history in naval shipbuilding.

On July 23, 2021, Huntington Ingalls Industries (HII) celebrated the keel authentication of the Calhoun (WMSL 759), a Legend-class national security cutter, marking a significant milestone in shipbuilding. The event, postponed due to COVID-19, recognizes the expertise of Ingalls Shipbuilding. Calhoun is currently halfway through construction and is part of a program that has delivered nine cutters to date. The ship, named after the first master chief petty officer of the Coast Guard, boasts advanced specifications to address various national security missions.

Huntington Ingalls Industries (HII) will announce its second quarter 2021 financial results on August 5, 2021, followed by a conference call at 9 a.m. Eastern Time. The call will be accessible via HII's website. Key executives, including CEO Mike Petters, will present insights supplemented by additional slides on the site. HII, the largest military shipbuilding company in the U.S., employs over 41,000 individuals and supports national security missions through its Technical Solutions division. For further details, visit HII's official website and social media channels.

Huntington Ingalls Industries (HII) is set to discuss its agreement with Veritas Capital to acquire Alion Science and Technology during a conference call with analysts at 9 a.m. EDT today. This acquisition aims to enhance HII's capabilities in delivering professional services for national security missions. The call will be accessible via live audio broadcast, and a replay will be available through July 13. HII, based in Newport News, Virginia, is the largest military shipbuilding company in the U.S., providing a wide range of services to government and industry partners.

Huntington Ingalls Industries (HII) will acquire Alion Science and Technology for $1.65 billion. This acquisition enhances HII's capabilities in mission-critical defense solutions such as AI, big data, and electronic warfare. Expected to close in H2 2021, the deal anticipates a 7-9% CAGR growth through 2024 for HII's Technical Solutions division. Alion will add approximately $1.6 billion in revenue and $135 million in adjusted EBITDA in fiscal 2022. The transaction is regarded as significantly cash flow and GAAP EPS accretive, strengthening HII's market position and operational reach.