Newport News

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

Ship Repair Firm Invest $64.4M To Bring New Jobs!

  • S23 Holdings, LLC and its affiliates will invest $64.4 million to establish a corporate and industrial campus in Newport News, VA for ship repair, manufacturing, and to rehabilitate piers.
  • S23 Holdings also considered Florida and Puerto Rico for the project, which will create 332 new jobs.
  • The project’s overall investment includes the property acquisition, the rehabilitation of Piers 14 and 15, and the construction of a manufacturing facility and corporate and administrative offices.
  • S23 and...

https://mfame.guru/ship-repair-firm-invest-64-4m-to-bring-new-jobs/