Huntington Ingalls Industries Archives - Page 5 of 7

Huntington Ingalls Industries promotes VP of contracts

Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries (HII) promoted Matt Mulherin Jr. to vice president of contracts at its Newport News Shipbuilding division. He assumed the role on Monday.

“Matt, a second-generation shipbuilder, brings more than 17 years of business management experience and leadership to this position,” Newport News Shipbuilding President Jennifer Boykin said in a statement.

Mulherin will have responsibility for contracts, pricing and export/import licensing and compliance for Newport News Shipbuilding. He will report to Don Godwin, vice president of business management and chief financial officer for Newport News Shipbuilding.

He started at Newport News Shipbuilding in 2004 as a financial analyst and served as business manager for the Block III Virginia-class submarine program. Mulherin also served in director-level business management positions for both submarine and aircraft carrier programs, and he was most recently the program director for Doris Miller and future aircraft carriers.

Mulherin holds a bachelor’s degree in finance from Virginia Tech and an MBA from William & Mary.

He succeeded Christie Thomas, who has been appointed corporate vice president of investor relations.

HII is the nation’s largest military shipbuilding company, with more than 44,000 employees worldwide. More than 20,000 of those employees work for HII’s Newport News Shipbuilding division, the state’s largest industrial employer. HII reported 2020 revenue of $9.36 billion and reported $2.3 billion in revenue for the third quarter of 2021.

HII taps Northrop Grumman exec as new VP

Huntington Ingalls Industries announced Wednesday it has hired Mike Aldinger as vice president of the live, virtual, constructive (LVC) training solutions department in its technical solutions division. Aldinger joins Newport News-based HII after 22 years at Northrop Grumman Mission Systems.

HII is the United States’ largest military shipbuilding company and includes Newport News Shipbuilding and its Ingalls division in Mississippi. Aldinger was most recently NG Mission Systems’ business area manager for LVC mission integration, based in Orlando, Florida. His focus at HII will be on growing the company’s relationship with the U.S. Air Force, according to a news release from HII.

“HII’s extensive portfolio of U.S. Air Force and U.S. Navy training has helped transform LVC across the joint defense community,” Glenn Goodman, president of HII’s LVC Solutions business group, said in a statement. “Mike’s experience in tailoring and scaling mission training solutions will unlock expanded opportunities to support the joint force in the critical area of readiness.”

A graduate of the University of Central Florida and the University of Florida, Aldinger has worked in simulation training, cybersecurity, artificial intelligence, machine learning, data analytics, mission planning and more. HII employs more than 44,000 people around the world.

Huntington Ingalls Industries names president of cyber warfare group

Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries (HII) named Grant Hagen president of its technical solutions division’s Cyber and Electronic Warfare business group, it announced Monday.

“I’m confident in Grant’s vision to successfully lead our Cyber and EW team. With his exceptional expertise in business operations, I’m excited to see what this team can accomplish under his leadership,” Andy Green, HII executive vice president and president of the Technical Solutions division, said in a statement.

Hagen was most recently senior vice president of business operations for the technical solutions division. He led the integration of several acquisitions and worked on the development and construction of the Unmanned Systems Center of Excellence in Hampton, set to open soon. Previously, Hagen served in various director-level positions at HII’s Newport News Shipbuilding division and held leadership positions for Raytheon subsidiary Integrated Defense Systems, now Raytheon Technologies Corp.’s Defense and Missile Systems unit.

He holds a bachelor’s degree in civil engineering from Arkansas State University and an MBA from William & Mary.

Huntington Ingalls Industries completes $1.65B Alion deal

Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries has completed its $1.65 billion, all-cash acquisition of McLean-based defense contractor Alion Science and Technology Corp. from Veritas Capital, HII announced Thursday.

The acquisition was first announced in July.

Alion, with more than 3,200 employees, will become part of HII’s Technical Solutions division. That division, started in 2016, supports national security missions with unmanned systems, defense and federal solutions, and nuclear and environmental services.

“Alion greatly expands our ability to provide leading-edge solutions to the nation’s most complex national security challenges,” said Andy Green, HII executive vice president and president of HII’s Technical Solutions division, in a statement. “Alion is a perfect complement to our existing capabilities in the technology-driven defense and federal solutions space. The services and products they provide are directly in line with the strategic focus that we have articulated for Technical Solutions.”

Alion had been part of New York-based private equity firm Veritas since 2015, and was founded in 2002. The contractor specializes in ISR (intelligence, surveillance, target acquisition and reconnaissance), military training and simulation, and other technology solutions for defense and intelligence community customers.

HII is the nation’s largest military shipbuilding company, with more than 42,000 employees worldwide. More than 20,000 of those employees work for HII’s Newport News Shipbuilding division, the state’s largest industrial employer. HII reported 2020 revenue of $9.36 billion.

Huntington Ingalls Industries wins $273M Navy contract

Newport News-based Huntington Ingalls Industries’ Technical Solutions division won a $273 million contract with the U.S. Navy to support its carrier engineering maintenance assist team, surface engineering maintenance assist team for West Coast surface ships and other maintenance programs, it announced Tuesday.

“Continuous modernization and sustainment of our nation’s fleet is essential to our national security,” said Garry Schwartz, president of Technical Solutions’ Defense and Federal Solutions business group, in a statement. “HII is honored to extend our 40-year partnership with the U.S. Navy in support of these critical defense assets and to continue leveraging our expertise to maximize efficiency and cost savings in the future.”

Work performed under the five-year contract will be performed within the U.S. and internationally during operational deployments. HII will support maintenance and planning for the overhaul and repair of equipment and systems including hull, mechanical and electrical and combat support systems.

On Monday, HII announced that it had priced its offering of $400 million aggregate principal amount of 0.670% Senior Notes due 2023 and $600 million aggregate principal amount of 2.043% Senior Notes due 2028 as part of the financing for its acquisition of Alion Science and Technology Corp.

HII is a Fortune 500 company and the nation’s largest military shipbuilding company, employing more than 41,000 people worldwide. The company reported 2020 revenue of $9.36 billion. HII’s Technical Solutions division supports national security missions with unmanned systems, defense and federal solutions, and nuclear and environmental services.

Huntington Ingalls Industries lands $346M contract to assist U.S. Africa Command

Newport News-based Huntington Ingalls Industries’ Technical Solutions division won a contract with a potential value of $346 million to provide personnel recovery and casualty evacuation services for the Department of Defense’s U.S. Africa Command (USAFRICOM) and partner nations, it announced Monday.

The One Acquisition Solution for Integrated Services task order, issued by the Federal Systems Integration and Management Center under the General Services Administration, has a one-year base period with four one-year extension options. Under the contract, HII will provide aircraft and operational support services for USAFRICOM, including planning, management, maintenance, logistics and airlift/airdrop services and emergency medical care.

“We understand the importance of [personnel recovery and casualty evacuation services] particularly to the continuing U.S. strategic presence in Africa,” said Garry Schwartz, president of HII Technical Solutions’ Defense and Federal Solutions business group, in a statement. “As a retired Marine with firsthand experience in the Horn of Africa, I recognize the unique challenges of the region and what this service means to the commanders and soldiers on the ground.”

HII is the nation’s largest military shipbuilding company, employing more than 41,000 people worldwide. The company reported 2020 revenue of $9.36 billion. HII’s Technical Solutions division supports national security missions with unmanned systems, defense and federal solutions, and nuclear and environmental services.

Huntington Ingalls Industries to acquire Alion in $1.65B deal

Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries will acquire McLean-based defense contractor Alion Science and Technology Corp. from Veritas Capital in a $1.65 billion, all-cash deal, HII announced in a news release Tuesday.

The deal is expected to close by the end of this year, with Alion becoming part of HII’s Technical Solutions division. In the release, HII stated that “Alion’s strengths in enabling and supporting Navy simulation and training are closely aligned with existing Huntington Ingalls Industries capabilities and customers,” and include “access in priority growth markets aligned with future U.S. Navy and [Department of Defense] customers.”

Alion is expected to add to HII’s fiscal 2022 revenue by $1.6 billion.

“We established the Technical Solutions division in 2016 with a vision and strategy focused on partnering with our customers to solve their most pressing challenges,” HII President and CEO Mike Petters said in a statement. “Today’s announcement, coupled with our previous investments in leading edge technologies, such as cybersecurity and autonomous systems, reflects our commitment to stay on the cutting edge of critical, high-growth national security solutions and generate significant long-term value for our shareholders.”

Founded in 2002, Alion has been a portfolio company of New York-based private equity firm Veritas Capital since 2015. Alion specializes in providing ISR (intelligence, surveillance, target acquisition, and reconnaissance), military training and simulation, cybersecurity, data analytics and other technology solutions to defense and intelligence community customers. The company has more than 55 offices in the U.S. and more than 25 research labs. The U.S. Navy accounts for about a third of Alion’s annual revenue and the company has a backlog of more than $3 billion, according to HII.

“The combination of Alion and our Technical Solutions business represents a significant value creation opportunity that broadens our capabilities and customer access in our target markets,” said Andy Green, HII executive vice president and president of Technical Solutions. “The experienced Alion team and the highly complementary solutions and products they provide are consistent with the strategic vision we have articulated for the Technical Solutions business, and we are excited about the significant growth potential this combination represents.”

HII is the nation’s largest military shipbuilding company, employing more than 42,000 people worldwide. The company reported 2020 revenue of $9.36 billion. HII’s Newport News Shipbuilding division is the state’s biggest industrial employer, with more than 20,000 workers.

HII’s financial adviser in the transaction was Credit Suisse Group AG, with Jones Day providing legal counsel. Also advising HII on the transaction were Arlington-based business consultant Renaissance Strategic Advisors and Chantilly-based Arena Strategic Advisors LLC. Macquarie Capital Ltd. was Alion’s financial adviser, with Milbank LLP providing legal counsel.

HII names new CIO for Newport News Shipbuilding

Jason K. Sutton has been promoted to chief information officer for Newport News Shipbuilding, parent company Huntington Ingalls Industries announced last week.

Sutton, who joined the company in 2018 as director of operations integration and is currently program director for steel fabrication and assembly, will be responsible for all aspects of information technology and lead HII’s enterprise cybersecurity and IT organizational and leadership change model. HII is the largest military shipbuilding company in the U.S. and is based in Newport News.

Sutton will succeed Brian Fields, vice president of business transformation and chief transformation officer, who is transitioning to vice president in charge of the Gerald R. Ford-class aircraft carriers USS Enterprise and Doris Miller, which are being constructed by Newport News Shipbuilding and are scheduled to launch in 2025 and 2029 respectively.

Sutton graduated from the U.S. Air Force Academy in 1993 and served more than 24 years in various Air Force strategic and tactical leadership roles in cyberspace operations and IT. He retired in 2018 as director of communications and CIO for the Air Force’s Air Combat Command, where he oversaw cyberspace and communications policy, resource advocacy and program management supporting 94,000 active-duty and civilian personnel worldwide. He holds masters’ degrees from Regent University and the Air Force Institute of Technology.

General Dynamics books $2.4B Navy contract to build 10th submarine

General Dynamics has been awarded a potential $2.4 billion contract option from the Navy to build a 10th Virginia-class submarine, the U.S. Department of Defense announced last week.

The Fairfax-based company’s Electric Boat subsidiary in Connecticut will work with Huntington Ingalls Industries’ Newport News Shipbuilding on the project, which was added on to a December 2019 contract for $22.2 billion, the largest ever awarded by the Navy. The contract called for the building of nine submarines, with the possibility of a 10th vessel.

About a third of the contract work will take place in Newport News, and work on all 10 submarines is set to be finished by February 2030. According to the Navy, the Naval Sea Systems Command will provide about $2.7 billion in shipbuilding and conversion funds for fiscal years 2018, 2019, 2020 and 2021 at the time of the award.

General Dynamics employs 100,000 people worldwide and reported $39.4 billion in 2019 revenue.

Subscribe to Virginia Business.

Get our daily e-newsletter.

Huntington Ingalls names new executive VP

Newport News-based Huntington Ingalls Industries announced Friday its board of directors has elected Kari Wilkinson to serve as executive vice president of HII and president of HII’s Ingalls Shipbuilding division, effective April 1. She will succeed Brian Cuccias, who announced his April 1 retirement.

Cuccias took on his role in 2014, and before that had served as vice president of amphibious ship programs and vice president of program management. He began his career in 1979 as a financial analyst with Litton Data Systems on several Navy programs.

Wilkinson has served as Ingalls’ vice president of program management since 2016. In her new role, she will report directly to Chris Kastner, HII executive vice president and chief operating officer. During her 25-year career, she has worked in engineering, business development and equipment processes in the shipbuilding industry.

She earned her bachelor’s degree in naval architecture and marine engineering from the University of Michigan and her master’s degree in business administration from Temple University.

HII is the nation’s largest military shipbuilding company, employing more than 42,000 people worldwide.