HII

HII reports second quarter 2024 results

HII (NYSE: HII) reported second quarter 2024 revenues of $3.0 billion, up 6.8% from the second quarter of 2023, driven by growth across all segments.

Operating income in the second quarter of 2024 was $189 million and operating margin was 6.3%, compared to $156 million and 5.6%, respectively, in the second quarter of 2023. The increases were primarily driven by higher segment operating income compared to the prior year.

Segment operating income in the second quarter of 2024 was $203 million and...

https://www.marinelog.com/shipbuilding/hii-reports-second-quarter-2024-results/

Navy Issues HII $78M Contract Mod That Includes Quality of Life Facility at Newport News

USS John C. Stennis (CVN-74) is moved to an outfitting berth at Newport News Shipbuilding in Newport News, Va., on April 8, 2024. US Navy Photo

The Navy issued HII’s Newport News Shipbuilding a $ 78 million contract modification for quality-of-life improvements that includes building a facility for sailors who are working on aircraft carriers undergoing their mid-life refueling overhaul, according to Naval Sea Systems Command.

The funds are for a “Carrier Refueling Overhaul Workcenter” that...

https://news.usni.org/2024/07/15/navy-issues-hii-78m-contract-mod-that-includes-quality-of-life-facility-at-newport-news

Report to Congress on Virginia-class Submarine Program, AUKUS

The following is the June 12, 2024, Congressional Research Service report, Navy Virginia-Class Submarine Program and AUKUS Submarine (Pillar 1) Project: Background and Issues for Congress/

From the report

Virginia-class submarine program. The Navy has been procuring Virginia (SSN-774) class nuclear-powered attack submarines (SSNs) since FY1998, and a total of 40 have been procured through FY2024. From FY2011 through FY2024, they have been procured at a rate of two per year. When procured at that...

https://news.usni.org/2024/06/19/report-to-congress-on-virginia-class-submarine-program-aukus

Carrier USS John C. Stennis Overhaul Delayed, Work Will Take More than 5 Years to Complete

USS John C. Stennis (CVN 74) is moved to an outfitting berth at Newport News Shipbuilding in Newport News, Virginia, April 8, 2024. US Navy Photo

This post has been updated with additional information from Naval Sea Systems Command.

NEWPORT NEWS, Va. – The midlife overhaul and refueling for aircraft carrier USS John C. Stennis (CVN-74) will now take about five and a half years to complete – an extension of almost 14 months, according to Navy Fiscal Year 2025 budget documents.
Stennis began the...

https://news.usni.org/2024/06/18/carrier-uss-john-c-stennis-overhaul-delayed-work-will-take-more-than-5-years-to-complete

VIDEO: Ingalls Shipbuilding prepares for hurricane season

With NOAA predicting an above-normal 2024 Atlantic hurricane season, shipyards along the U.S, Gulf and Atlantic coasts have been stepping up their preparatory efforts.

This week, HII’s Ingalls Shipbuilding division in Pascagoula, Miss., hosted local TV station WLOX to discuss year-round preparations for heavy weather events such as hurricanes to ensure the safety of its shipbuilders, facilities, and vessels.

WLOX was able to speak with Ingalls heavy weather planners — including Justin McArthur,...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/video-ingalls-shipbuilding-prepares-for-hurricane-season/

AUKUS: HII makes two key appointments in Australia

Huntington Ingalls Industries (NYSE: HII) reports that its Mission Technologies division has appointed Tim Brown as vice president of operations and Terry Nichols as the managing director for two HII business areas in Australia that working to advance the goals of the Australia-United Kingdom-United States (AUKUS) trilateral partnership on behalf of HII.

Brown and Nichols will work from HII’s Canberra office, and both will report directly to Michael Lempke, president of Mission Technologies’...

https://www.marinelog.com/shipbuilding/aukus-hii-makes-two-key-appointments-in-australia/

HII Delivers Attack Boat New Jersey to Navy

New Jersey (SSN-796) during sea trials in 2024. HII Photo

HII Newport News Shipbuilding has delivered the 23rd Vrginia-class nuclear attack submarine to the U.S. Navy, the company announced in a Thursday statement.
New Jersey (SSN-796) is the fifth Block IV Virginia attack boat and the first designed from the keel up to accommodate mixed gender crews. The boat completed sea trials earlier this year off the coast of Virginia.

“It is a proud day for our entire team when we deliver a high-quality...

https://news.usni.org/2024/04/25/hii-delivers-attack-boat-new-jersey-to-navy

SECNAV Del Toro Previews Major Amphibious Warship Buy

USS Fort Lauderdale (LPD-28) during sea trials on Oct. 21, 2021. HII Photo

Navy Secretary Carlos Del Toro said he expects “a major announcement” in the next few weeks on a new multi-year procurement agreement to build three San Antonio-class amphibious warships and an America-class big deck amphibious warship at HII’s Ingalls Shipbuilding in Mississippi.

The Navy has been negotiating “as low a price as possible” for the ships that the sea services view as essential to future expeditionary...

https://news.usni.org/2024/04/23/secnav-del-toro-previews-major-amphibious-warship-buy

Ingalls completes acceptance trials of final Flight I LPD

Huntington Ingalls Industries (NYSE: HII) reports that its Ingalls Shipbuilding division has successfully completed the acceptance trials of amphibious transport dock Richard M. McCool Jr. (LPD 29), the final Flight I LPD transition ship before Ingalls moves into serial production of the LPD Flight II line.

As we reported earlier, the vessel completed builder’s trials last month.

”We have had a successful trial and it is only through the efforts of our shipbuilders and our dedicated Navy and...

https://www.marinelog.com/news/ingalls-completes-acceptance-trials-of-final-flight-i-lpd/

SSN 796 successfully completes its initial sea trials

Huntington Ingalls Industries (NYSE: HII) reports that its Newport News Shipbuilding division has successfully completed initial sea trials of the Virginia-class attack submarine New Jersey (SSN 796)

SSN 79 spent several days at sea to test the boat’s systems and components. Testing included submerging the submarine for the first time and conducting high-speed maneuvers while on the surface and submerged. NNS teams will continue the testing program ahead of delivering the boat to the U.S. Navy.

“T...

https://www.marinelog.com/shipbuilding/ssn-796-successfully-completes-its-initial-sea-trials/

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