Huntington Ingalls Inds Inc Stock Price, News & Analysis

Huntington Ingalls Industries (NYSE: HII) has announced new business groups and executive roles within its Technical Solutions division following its acquisition of Alion Science and Technology. The new groups include Intelligence, Surveillance and Reconnaissance (ISR), Live, Virtual and Constructive (LVC) Solutions, Cyber and Electronic Warfare (EW), and Fleet Sustainment. Key executive appointments have also been made to enhance leadership in technology, growth strategy, and customer solutions. HII operates as America’s largest military shipbuilding company, with approximately 44,000 employees.

Huntington Ingalls Industries (NYSE: HII) has appointed Brooke Hart as executive vice president of communications, effective Sept. 27. Hart will succeed Jerri Dickseski, who retires after nearly 31 years with the company. Hart brings extensive communications experience, previously serving as vice president of communications at Sierra Nevada Corporation. She will oversee HII’s communications strategy, including external communications, media relations, and branding. HII is the largest military shipbuilding company in the U.S., employing around 44,000 people.

Huntington Ingalls Industries (NYSE: HII) announced that Danny Hernandez will take over as corporate director of public affairs following Beci Brenton's retirement on Oct. 31. Hernandez, starting on Sept. 13, will manage media communications and public affairs strategies for HII, leveraging his nearly 30 years of experience in military communications. Brenton, who served since 2011, is credited with significantly shaping HII's corporate communication efforts. Hernandez’s prior roles include director of communications for the U.S. Navy, enhancing HII's strategic communications.

On August 21, 2021, Huntington Ingalls Industries (NYSE: HII) celebrated the christening of the amphibious transport dock Fort Lauderdale (LPD 28) at its Ingalls Shipbuilding division in Pascagoula, Mississippi. The event was livestreamed due to COVID-19 restrictions. Ingalls Shipbuilding President Kari Wilkinson emphasized teamwork in shipbuilding, while key speakers such as Vice Adm. William Galinis highlighted the ship's strategic importance. Fort Lauderdale honors the city's historical ties to the Navy, dating back to the 1830s. HII remains a leading military shipbuilder in the U.S.

Huntington Ingalls Industries (HII) will host virtual hiring events for various trades positions, including welders and pipe fitters, as part of its recruitment strategy. The upcoming event for fitters is scheduled for Sept. 8, 2021. New hires can receive sign-on bonuses of $500 for entry-level roles and $1,000 for experienced positions, with additional incentives for those holding active security clearances. Candidates must apply in advance to be considered for interviews during the events. HII aims to fill hundreds of positions before the year's end.

Huntington Ingalls Industries (NYSE:HII) has completed its acquisition of Alion Science and Technology from Veritas Capital. This strategic move enhances HII's capabilities in advanced engineering and R&D services for the defense sector, particularly in areas like ISR, military training, and cyber analytics. Alion brings over 3,200 employees, with a significant majority holding security clearances. HII anticipates that this integration will strengthen its position in national security solutions, aligning with its strategic focus for growth.

Huntington Ingalls Industries (HII) has successfully completed its offering of $1 billion in Senior Notes, comprising $400 million of 0.670% Notes due 2023 and $600 million of 2.043% Notes due 2028. The proceeds will be utilized for the acquisition of Alion Science and Technology. The Notes are direct and unsecured obligations of HII, guaranteed by its domestic subsidiaries. This offering is crucial for financing the Alion acquisition, which aims to enhance HII's service offerings in defense and technology sectors.

Huntington Ingalls Industries (NYSE: HII) has appointed Jack Norris as the new director of state and local government affairs at its Ingalls Shipbuilding division. Norris brings over 20 years of experience in public policy, with a focus on fostering community and economic development. His role aims to enhance Ingalls’ strategic goals and strengthen relationships with governmental and community partners. Ingalls Shipbuilding President Kari Wilkinson highlighted Norris's expertise as vital for providing stability to the shipyard and surrounding communities.

Huntington Ingalls Industries (NYSE:HII) has secured a five-year contract valued at $273 million to assist the U.S. Navy's carrier engineering maintenance teams and other readiness programs. This collaboration emphasizes the ongoing modernization of the Navy's fleet, vital for national security. The contract's work scope includes maintaining and overhauling various equipment systems and conducting training to improve operational readiness. HII extends its decades-long partnership with the Navy, focusing on efficiency and cost-saving in defense operations.