Latest news with #WeAreHII
Yahoo
21-05-2025
- Business
- Yahoo
HII to Participate in Bernstein's 41st Annual Strategic Decisions Conference on May 28
NEWPORT NEWS, Va., May 21, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will participate in Bernstein's Strategic Decisions Conference on May 28. A conversation with HII President and CEO Chris Kastner will begin at 3:30 p.m. Eastern time and will be webcast on About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit: HII on the web: HII on Facebook: HII on X: HII on Instagram: Contact: Brooke Hart (Media) Christie Thomas (Investors)
Yahoo
30-04-2025
- Business
- Yahoo
HII is Awarded Contract Modification for Construction of Two Additional Block V Virginia-class Submarines
NEWPORT NEWS, Va., April 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that the Virginia-class shipbuilding team, which includes the company's Newport News Shipbuilding (NNS) division, has been awarded a contract modification in support of construction of two fiscal year 2024 Block V submarines. The contract modification, to NNS and teaming partner General Dynamics Electric Boat, authorizes construction of the 11th and 12th fast-attack submarines of the Block V contract. 'We appreciate the teamwork that resulted in these critical national security assets being put under contract,' said Jason Ward, NNS vice president of submarine construction. 'We understand the advantage Virginia-class submarines bring to the sailors who operate them, and our shipbuilders are working with diligence to deliver them to the fleet.' NNS and GDEB have built and delivered 24 Virginia-class submarines to date.A photo accompanying this release is available at: About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit: HII on the web: HII on Facebook: HII on X: HII on Instagram: Contact: Todd 688-3220 A photo accompanying this announcement is available at in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
HII to Host First Quarter Earnings Conference Call and Webcast on May 1
NEWPORT NEWS, Va., April 10, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will release its first quarter 2025 financial results on Thursday, May 1, and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit: HII on the web: HII on Facebook: HII on X: HII on Instagram: Contacts: Brooke Hart (Media) Christie Thomas (Investors)
Yahoo
12-02-2025
- Business
- Yahoo
HII to Participate in Citi's 2025 Global Industrial Tech and Mobility Conference on Feb. 18
NEWPORT NEWS, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will participate in Citi's Global Industrial Tech and Mobility Conference on Feb. 18. A conversation with HII President and CEO Chris Kastner will begin at 7:10 a.m. Eastern time and will be webcast on About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit: HII on the web: HII on Facebook: HII on X: HII on Instagram: Note: Statements made at the conference may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "guidance," "outlook," "predicts," "potential," "continue," and similar words or phrases or the negative of these words or phrases. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable when made, we cannot guarantee future results, levels of activity, performance, or achievements. There are a number of important factors that could cause our actual results to differ materially from the results anticipated by our forward-looking statements, which include, but are not limited to: our dependence on the U.S. government for substantially all of our business; significant delays or reductions in appropriations for our programs and/or changes in customer priorities and requirements (including government budgetary constraints, shifts in defense spending, and changes in customer short-range and long-range plans); our ability to estimate our future contract costs, including cost increases due to inflation, labor challenges, changes in trade policy, or other factors and our efforts to recover or offset such costs and/or changes in estimated contract costs, and perform our contracts effectively; changes in business practices, procurement processes and government regulations and our ability to comply with such requirements; adverse economic conditions in the United States and globally; our level of indebtedness and ability to service our indebtedness; our ability to deliver our products and services at an affordable life cycle cost and compete within our markets; our ability to attract, retain, and train a qualified workforce; subcontractor and supplier performance and the availability and pricing of raw materials and components; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; investigations, claims, disputes, enforcement actions, litigation (including criminal, civil, and administrative), and/or other legal proceedings, and improper conduct of employees, agents, subcontractors, suppliers, business partners, or joint ventures in which we participate, including the impact on our reputation or ability to do business; changes in key estimates and assumptions regarding our pension and retiree health care costs; security threats, including cyber security threats, and related disruptions; natural and environmental disasters and political instability; health epidemics, pandemics and similar outbreaks; and other risk factors discussed herein and in our other filings with the SEC. There may be other risks and uncertainties that we are unable to predict at this time or that we currently do not expect to have a material adverse effect on our business, and we undertake no obligation to update or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make. Contact: Brooke Hart (Media) Christie Thomas (Investors) in to access your portfolio
Yahoo
30-01-2025
- Business
- Yahoo
HII Names Derek Murphy as Vice President of New Construction Aircraft Carriers at Newport News Shipbuilding
NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that Derek Murphy has been promoted to vice president of new construction aircraft carriers at its Newport News Shipbuilding division. In his new role, Murphy will have responsibility for all new construction aircraft carriers in production at the shipyard, including John F. Kennedy (CVN 79), Enterprise (CVN 80) and Doris Miller (CVN 81). 'Derek brings extensive experience from his time in the Navy and both HII shipyards to his new role,' NNS President Kari Wilkinson said. 'I am confident in his steadfast commitment to our shipbuilders and the successful delivery of capability to the United States Navy.' Starting his career with the company in 2002, prior to the HII spin-off from Northrop Grumman, Murphy served as an aviation program manager as part of the EA-6B and EA-18G programs. In 2007, he joined the Ingalls Shipbuilding division, where he held positions of increasing responsibility supporting the Mississippi shipyard's portfolio. In 2020, he joined the Newport News Shipbuilding division, where he has served as program director on John F. Kennedy (CVN 79), responsible for all aspects of construction. A photo accompanying this release is available at: Murphy is a U.S. Navy veteran with 20 years of operational experience as a naval flight officer for carrier-based A-6E Intruder and EA-6B Prowler aircraft. He holds a bachelor's degree from Villanova University and an MBA from Eastern Michigan University. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit: HII on the web: HII on Facebook: HII on X: HII on Instagram: Contact: Todd 688-3220 A photo accompanying this announcement is available at in to access your portfolio