Mike Petters

Long-time Huntington Ingalls CEO Mike Petters Steps Down; COO Kastner to Take Charge

Mike Petters holds a Q&A panel with cadets and officer-candidates at the U.S. Coast Guard Academy’s 32nd Adm. Thomas Wetmore Annual Ethics Forum, Oct. 28, 2021. U.S. Coast Guard Photo

The shipbuilder who oversaw the construction of the Ford-class carrier program and the Navy’s restart of the Arleigh Burke guided-missile is stepping down as the CEO of Huntington Ingalls Industries, the company announced on Friday.

Mike Petters, a Navy submariner turned shipbuilder, has led the country’s largest...

https://news.usni.org/2022/01/28/long-time-huntington-ingalls-ceo-mike-petters-steps-down-coo-kastner-to-take-charge

Huntington Ingalls Sees Record-Breaking 2020, Moving to Integrating Business Lines

Ingalls Shipbuilding in May 2019. HII Photo

After coming through 2020 with record sales and growing its unmanned systems portfolio through acquisitions and partnerships, Huntington Ingalls Industries plans to use that momentum in 2021 to integrate its different business lines to help its customers tackle more complex challenges, the company president said today.

Noting the hardship of the pandemic in 2020 but the optimism of coming through it in a strong position, HII President and CEO Mike...

https://news.usni.org/2021/02/11/huntington-ingalls-sees-record-breaking-2020-moving-to-integrating-business-lines

Submarine Industrial Base Ready to Grow – But Only If Pentagon, Congress Send the Right Signals

Virginia-class submarine Delaware (SSN-791) was moved out of a construction facility into a floating dry dock using a transfer car system in 2018. HII Photo

Huntington Ingalls Industries is confident its businesses are well-positioned for whatever the future of the Navy is – whether it’s the implementation of the Pentagon’s Battle Force 2045 plan or something else implemented by new leadership, according to the chief executive.

HII president and CEO Mike Petters told investors on Thursday that...

https://news.usni.org/2020/11/06/submarine-industrial-base-ready-to-grow-but-only-if-pentagon-congress-send-the-right-signals

Attack Sub Montana Christened at Newport News, As Yard Tries Keeping to Schedule Despite COVID

With one solid swing, the ship’s sponsor, former Secretary of the Interior Sally Jewell christened the Virginia-class submarine Montana (SSN 794) as (from left) the ship’s commanding officer Capt. Michael Delaney and Newport News Shipbuilding President Jennifer Boykin look on. Newport News Shipbuilding photo.

Despite the coronavirus pandemic taking its toll on submarine construction at Newport News Shipbuilding, as the company president announced last month, the shipyard and the crew of the...

https://news.usni.org/2020/09/14/attack-sub-montana-christened-at-newport-news-as-yard-tries-keeping-to-schedule-despite-covid

Petters: Virginia-Class Subs Facing Most COVID-19 Delays at Newport News Shipbuilding

Virginia-class submarine Delaware (SSN 791) was moved out of a construction facility into a floating dry dock using a transfer car system in 2018. HII Photo

Newport News Shipbuilding has seen a disproportionate amount of its COVID-19-related delays and inefficiencies hit its Virginia-class attack submarine production line, as the yard has prioritized its available workforce on supporting maintenance for in-service submarines and aircraft carriers, the company’s CEO told investors today.

Mike...

https://news.usni.org/2020/08/06/petters-virginia-class-subs-facing-most-covid-19-delays-at-newport-news-shipbuilding

Second America-Class Amphib USS Tripoli Commissions

Amphibious assault ship Tripoli (LHA-7) sails the Gulf of Mexico during builder’s trials held in July 2019. HII Photo

The second America-class amphibious warship entered the U.S. Navy fleet in an administrative action on Wednesday, without the pomp and circumstance of a commissioning ceremony.

USS Tripoli (LHA-7), which delivered to the Navy in February, will continue to prepare to transit to its new homeport at Naval Base San Diego, Calif., later this year.

“Due to public health and safety...

https://news.usni.org/2020/07/15/second-america-class-amphib-uss-tripoli-commissions

Defense Contractors Remain Upbeat About 2021

A worker in the shipyard’s foundry uses a torch to slice through scrap steel at Newport News Shipbuilding. HII Photo

A trio of large defense contractors belive their financial futures are secure in 2020 and 2021 – even with COVID-19 and a slowed federal budget process.

Leaders from Huntington Ingalls Industries, Lockheed Martin and Northrop Grumman provided investors with their financial outlook over two days during the annual Bernstein’s Virtual Strategic Decisions Conference.

President Donald...

https://news.usni.org/2020/06/01/defense-contractors-remain-upbeat-about-2021

Huntington Ingalls Industries Execs ‘Disappointed’ Over FFG(X) Loss

An artist’s concept of the HII Patrol Frigate.

Huntington Ingalls Industries executives are still smarting a week after the Navy awarded a potentially multi-billion-dollar frigate contract to rival shipbuilder Fincantieri.

HII has a backlog of work worth $45 billion, leaving the firm is in a strong financial position, Mike Petters, chief executive of HII, told analysts during a Thursday morning conference call. However, there’s no denying the company wanted the FFG(X) design and construction...

https://news.usni.org/2020/05/07/huntington-ingalls-industries-execs-disappointed-over-ffgx-loss

Shipyards Continue to Balance COVID-19 Mitigation With Efficient Operations

Gregory Rarnor assembles an access hatch for Massachusetts (SSN-798). Newport News Shipbuilding

It’s still too early to say if the COVID-19-related economic slowdown is significantly disrupting the production of major programs, the Navy’s top weapons-buyer said during a media call Tuesday.

At the shipyards, the near-term priority work is on track. However, the Navy is still watching how COVID-19-related restrictions and supply-chain problems are disrupting the mid- and long-term work, James...

https://news.usni.org/2020/04/28/shipyards-continue-to-balance-covid-19-mitigation-with-efficient-operations

Huntington Ingalls Industries Planning for Increased U.S. Navy Demand for UUVs

U.S. Navy Chief Aerographer’s Mate Travis Lawson and U.S. Navy Mineman 2nd Class Mathew Williams, both assigned to the Explosive Ordnance Disposal Mobile Unit (EODMU) 5 Unmanned Systems (UMS) Platoon 141, lower an Mark 18 MOD 1 Swordfish unmanned underwater vehicle (UUV) into the water as members of the Indonesian Navy’s Komando Pasukan Katak (KOPASKA) 2nd Fleet Surabaya Unit observe during a UUV familiarization drill as part of a mine countermeasures knowledge exchange for Cooperation Afloat...

https://news.usni.org/2020/02/13/huntington-ingalls-industries-planning-for-increased-u-s-navy-demand-for-uuvs

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.