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Huntington Ingalls Industries, Inc. reports developments across U.S. military shipbuilding and defense mission technologies. The company’s Ingalls Shipbuilding division builds non-nuclear surface ships such as Arleigh Burke-class guided missile destroyers and supports new frigate work, while Newport News Shipbuilding builds nuclear-powered aircraft carriers and participates in U.S. submarine programs.
Recurring HII news includes U.S. Navy contract awards, ship deliveries and sea-trial milestones, distributed shipbuilding initiatives, workforce pipelines through shipyard academies and apprenticeships, quarterly earnings, and cash dividends. Mission Technologies updates cover unmanned and autonomous maritime platforms, including REMUS unmanned underwater vehicles, and defense capabilities tied to C6ISR, artificial intelligence and machine learning, electronic warfare, and synthetic training.
HII (NYSE: HII) will be featured during the 2022 Peraton Armed Forces Classic basketball game on Nov. 11 aboard the USS Abraham Lincoln. Veterans Famatta Cole and Bill McCormick, both shipbuilders at HII's Newport News Shipbuilding division, will receive recognition for their contributions to the carrier. They have extensive experience with military ships, having worked on various vessels and ongoing refueling projects. Additionally, HII will showcase shipbuilder Fatima Medina in a commercial during the game, highlighting advancements in digital technology for shipbuilding.
HII’s Ingalls Shipbuilding has secured a $2.4 billion U.S. Navy contract for the detail design and construction of amphibious assault ship LHA 9, potentially rising to $3.2 billion with options. Construction is set to commence in December 2022. This contract follows a long history of Ingalls building large-deck amphibious ships, enhancing naval capabilities with versatile designs that include aviation and well deck features for F-35B and MV-22 Osprey aircraft. Ingalls expresses pride in delivering critical naval capabilities and values its partnership with the Navy.
HII Achieves Highest CMMI Rating
On October 27, 2022, HII's Live, Virtual and Constructive (LVC) Solutions business group received a Capability Maturity Model Integration (CMMI) V2.0 Maturity Level 5 (ML5) rating, the highest possible. This recognition highlights HII's commitment to optimizing processes and improving customer service capabilities. LVC Solutions is among only three U.S. organizations with concurrent ML5 ratings for Development and Services. This achievement underscores HII's capability to manage large-scale LVC training programs effectively and efficiently.
JBG SMITH has signed a 11.5-year lease with HII for 36,809 square feet at 2451 Crystal Drive, National Landing. This move strengthens HII's proximity to key clients, particularly the U.S. Navy, and boosts its presence in the national capital region. The lease reflects ongoing growth, with JBG SMITH securing over 1.4 million square feet of new leases since April 2020. This expansion positions both companies amidst a burgeoning hub for defense technology alongside industry leaders like Boeing and Raytheon.
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HII (NYSE: HII) has secured a $76.7 million task order from the U.S. Air Force to enhance its electronic warfare and electromagnetic spectrum capabilities. This contract supports critical research, analysis, and technical recommendations aimed at improving warfighter survivability while reducing lifecycle costs. HII's partnership with the USAF, ongoing since 2017, involves collaborators like DCS Corporation and Vanderbilt University. The task order reflects the USAF's trust in HII's expertise in defense technologies.
HII's Newport News Shipbuilding division has broken ground on two homes in partnership with Habitat for Humanity. This marks the first time the shipyard has sponsored two homes simultaneously and the first use of 3D printing technology in such projects in Newport News. The new homes, built on donated land, will be three-bedroom units and part of a broader effort to revitalize the Southeast community. HII's expertise in 3D printing will be employed in construction, enhancing efficiency. This initiative reflects HII's commitment to community engagement and innovative building methods.
HII (NYSE: HII) has announced the creation of Tuple, a joint venture with Markesman Group, aimed at enhancing cybersecurity solutions for the defense sector.
Tuple will operate under the U.S. Small Business Administration's mentor-protégé program, helping small businesses gain government contracts. The partnership combines HII's information warfare experience with Markesman's cyber operations skills to support the Department of Defense's cyber mission.
This initiative emphasizes fast-tracking the development of cyber capabilities critical to national security.
HII (NYSE: HII) announced the successful completion of acceptance trials for its Arleigh Burke-class guided missile destroyer, Lenah Sutcliffe Higbee (DDG 123), at Ingalls Shipbuilding. President Kari Wilkinson emphasized the partnership with the Navy, looking forward to further trials for the upcoming Flight III destroyer. DDG 123 honors Lenah Sutcliffe Higbee, the Navy's first female recipient of the Navy Cross. HII has built 33 destroyers, with five under construction, as it transitions to Flight III models.