Welcome to our dedicated page for Huntington Ingalls Inds news (Ticker: HII), a resource for investors and traders seeking the latest updates and insights on Huntington Ingalls Inds stock.
News for Huntington Ingalls Industries, Inc. (HII) centers on its role as a global, all-domain defense provider and the nation’s largest military shipbuilder. Coverage highlights how HII’s shipbuilding divisions and Mission Technologies business support U.S. and allied defense priorities through advanced surface combatants, nuclear-powered submarines, unmanned systems and integrated defense technologies.
Readers can follow updates on major shipbuilding milestones, such as delivery of Arleigh Burke-class destroyers like Ted Stevens (DDG 128), construction progress on Virginia-class submarines such as Oklahoma (SSN 802), and work on aircraft carriers and Zumwalt-class destroyers. News also covers new contracts and design awards, including HII’s selection to design and build the U.S. Navy’s future small surface combatant based on the Legend-class national security cutter.
The HII news flow also reflects the company’s growing unmanned and autonomy portfolio. Articles detail developments in the REMUS family of unmanned underwater vehicles, ROMULUS unmanned surface vessels powered by the Odyssey Autonomous Control System, and demonstrations of automated launch and recovery systems such as Sea Launcher. Expansion of unmanned operations in Europe, including the enlarged Portchester, U.K. facility, and participation in international frameworks like AUKUS also feature prominently.
Investors and defense observers can track mission technologies and missile defense work, including HII’s Mission Technologies division being awarded a position on the Missile Defense Agency’s SHIELD contract vehicle, opening opportunities in directed energy, command and control integration, cyber, microelectronics and live/virtual/constructive training. Regular visits from senior U.S. and allied defense leaders to HII’s shipyards, along with updates on workforce initiatives, industrial base investments and distributed shipbuilding, provide additional context on how HII supports long-term naval and security objectives. Bookmark this page for an organized view of contract awards, program milestones and strategic partnerships affecting HII.
HII's Ingalls Shipbuilding division has officially authenticated the keel of the Ted Stevens (DDG 128), an Arleigh Burke-class guided missile destroyer. Named after former U.S. Senator Ted Stevens, the ship honors his service, including his role as a pilot in WWII. The Ted Stevens is the second Flight III destroyer to be constructed at Ingalls, featuring enhanced capabilities for multi-mission operations, integrating advanced technologies for maritime defense. This marks the 76th ship in the Arleigh Burke class, demonstrating HII's commitment to supporting U.S. national security.
On March 18, 2022, HII (NYSE:HII) announced the delivery of the Fort Lauderdale (LPD 28) to the U.S. Navy, marking the 12th San Antonio-class ship delivered by the company. This amphibious transport dock is vital for the Navy's expeditionary force, supporting various missions, including crisis response and humanitarian assistance. The delivery ceremony took place on March 11, involving shipbuilders and Navy representatives. HII continues to progress with other San Antonio-class ships, including Richard M. McCool Jr (LPD 29) and Harrisburg (LPD 30).
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On March 14, 2022, HII delivered the newest Virginia-class submarine, Montana (SSN 794), to the U.S. Navy. Following successful sea trials, Montana becomes the 10th submarine in this class produced by HII’s Newport News Shipbuilding division. This advancement culminates from a partnership with General Dynamics’ Electric Boat, emphasizing safety and quality in construction. Block IV submarines, including Montana, feature design changes aimed at reducing ownership costs and increasing operational efficiency, allowing for longer deployment periods.
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HII has appointed Donny Dorsey as vice president of operations at its Ingalls Shipbuilding division, effective immediately. Dorsey, who replaces George Jones ahead of his retirement on April 1, has been with the company since 2000, serving in various roles including ship program manager. Dorsey will oversee manufacturing operations and collaborate with union partners to enhance production strategies. His appointment aims to continue the legacy of strong execution and drive strategic innovation within the division.
HII (NYSE:HII) has appointed Xavier Beale as vice president of human resources and trades at its Newport News Shipbuilding division, effective April 1. Beale will oversee human resources administration, employment, labor relations, and recruitment while retaining his prior responsibilities. He succeeds Susan Jacobs, who is now at HII’s Ingalls Shipbuilding division. As part of a strategic plan, the company aims to enhance hiring and retention alongside continuous learning and development. Additionally, Dave Horne has been promoted to senior director of trades, aiding in production trade execution.
HII (NYSE:HII) announced that its Newport News Shipbuilding division has successfully negotiated a new labor contract with United Steelworkers, effective from March 7, 2022, until February 7, 2027. The agreement aims to provide competitive pay and benefits for union employees, ensuring the division remains competitive in the shipbuilding sector. Susan Jacobs, vice president of human resources, emphasized the importance of this agreement in continuing to meet the U.S. Navy's shipbuilding needs.
HII (NYSE:HII) has completed its first contractor-owned, contractor-operated (COCO) air combat training mission with the U.S. Air Force in Europe. This significant event enhances training readiness for U.S. forces in Europe/Africa and was developed over 16 months in collaboration with European governments and regulations. The program offers a cost-effective option for the U.S. government while extending the service life of combat equipment. Partnering with Top Aces, HII provided advanced adversary air training, marking a milestone for contracted air support in the European theater.