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Navy awards $1.1B more for sub construction
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received nearly $1.1 billion more from the Navy to continue building Virginia-class submarines, and its teammate, Newport News Shipbuilding, has received a $305 million chunk of that award to procure long-lead time material and components for the next two hulls. The contract modification, announced by the […]
HII’s Mission Technologies receives $995M contract
Newport News-based Huntington Ingalls Industries Inc.’s Mission Technologies division has received a $995 million contract to advise and assist the U.S Air Forces in Europe-Air Forces Africa, the company announced Wednesday. The indefinite delivery, indefinite quantity, multiple-award contract has a one-year base and four one-year option periods. Under the contract, HII’s McLean-based [...]
Hampton Roads shipyards receive nearly $1B in Navy contracts
The Pentagon has announced nearly $1 billion in Navy contracts for work on vessels in Hampton Roads. Under one contract, valued at $847 million, Reston-based General Dynamics Corp.’s Norfolk-based shipyards will support emergent work, continuous maintenance, pre-refueling complex overhaul availabilities, ship terminal offload program availability and scheduled work on aircraft carriers in th[...]
HII taps former DOD chief of staff as EVP
Eric Chewning, who was chief of staff for two acting defense secretaries in the Trump White House, became Newport News-based Fortune 500 shipbuilder Huntington Ingalls Industries Inc.’s executive vice president of strategy and development on Monday. Chewning will guide corporate strategy and identify opportunities for growth, cross-division collaboration and potential investment. He reports [...]
HII lands $2.4B contract for Navy’s next amphibious warship
Huntington Ingalls Industries Inc.’s Mississippi-based Ingalls Shipbuilding has received a $2.4 billion contract modification for the construction of the Navy‘s fourth American-class amphibious assault ship (LHA 9), according to the Department of Defense. The fixed-price incentive contract includes options that could bring the cumulative value of the contract to $3.2 billion if exercis[...]
Executive insights
Leaders from Virginia’s maritime and logistics industries share their thoughts about where their sectors stand amid labor shortages, growing cargo volumes and the pandemic’s lingering impacts. Devon C. Anders President, InterChange Group Inc.; Chair, Virginia Maritime Association Valley Logistics Chapter Harrisonburg VB: How is your company hiring and retaining staff? Anders: We have i[...]
