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.
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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.
HII (NYSE:HII) will release its third quarter 2022 financial results on November 3, 2022, at 9 a.m. Eastern Time. The earnings conference call will be hosted by CEO Chris Kastner and CFO Tom Stiehle, and it will be accessible via live webcast on HII's official website. HII, recognized as America's largest shipbuilder, has over 135 years of history in advancing U.S. national defense. The company employs a diverse workforce of approximately 44,000 professionals and specializes in delivering advanced naval ships and technologies.
HII (NYSE: HII) has elevated Todd Borkey to executive vice president and chief technology officer, effective immediately. Borkey, who previously led HII’s Mission Technologies division, will now direct the company's technology strategy, focusing on research and development to enhance existing products and drive growth. HII is recognized as a leader in transitioning technology for defense missions and manages over $1 billion annually in R&D. Borkey brings extensive experience from previous roles at Alion Science and Technology and Northrop Grumman.
HII (NYSE: HII) has delivered three advanced REMUS 100 unmanned underwater vehicles (UUVs) to the U.K. Royal Navy. These state-of-the-art systems boast enhanced endurance and improved sensors, increasing mission efficiency and data quality. HII's partnership with the U.K. Ministry of Defence spans over 20 years, with the Navy currently operating a mix of REMUS 100s and REMUS 600s for mine countermeasures. Over 600 UUVs have been sold to 30 nations, including several NATO members, establishing HII as a key player in military technology.
On September 9, 2022, HII announced the start of fabrication for the U.S. Navy's newest San Antonio-class amphibious transport dock Pittsburgh (LPD 31). This milestone indicates that the first 100 tons of steel have been cut. HII has successfully delivered 12 San Antonio-class ships to date, with three more, including LPD 31, currently under construction. The LPD Flight II represents the next generation of amphibious ships for the Navy's 21st-century expeditionary force.
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