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Ferguson acquires 3 companies
U.K. plumbing and heating products distributor Ferguson plc has agreed to acquire two North American companies and closed on a third acquisition, the company announced Tuesday. Ferguson plc is the parent company of Newport News-based plumbing, HVAC and industrial product distributor Ferguson Enterprises. Ferguson has agreed to acquire Toronto-based Yorkwest Plumbing Supply, a distributor of [&hell[...]
NNS funding helps launch ODU engineering program
Newport News Shipbuilding will be the lead industry sponsor of Old Dominion University’s program to graduate more engineers, the two organizations announced Tuesday. NNS, a division of Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries, will make a five-year financial commitment to the Monarch Accelerator Program to Engineering (MAP-to-E), ODU’s program t[...]
Jefferson Lab to lead $300M data hub
The Thomas Jefferson National Accelerator Facility will lead a $300 million to $500 million data science computing hub that will make scientific data more accessible to sciences nationwide, the U.S. Department of Energy announced Monday. Known as the High Performance Data Facility hub (HPDF), the project will be based at the Newport News-based lab in […]
HII, General Dynamics sued by marine engineers
A group of naval engineers filed a federal class action lawsuit on Oct. 6 against 20 large government contractors and shipbuilders, including Virginia-based General Dynamics and Huntington Ingalls Industries, claiming that the corporations have for decades “maintained an illegal agreement not to actively recruit, or ‘poach,’ each other’s employees,” thus depriving nav[...]
Va. construction exec announces retirement
Bill Goggins, senior vice president and Virginia division manager of Raleigh, North Carolina-based Clancy & Theys Construction, will retire at the end of the year, the company announced Tuesday. Based out of the company’s Virginia office in Newport News, Goggins has been with Clancy & Theys for nearly 30 years. Chad Cowger, vice president and […]
Newport News Shipbuilding names trades VP
Newport News Shipbuilding has promoted a third-generation shipbuilder to vice president of trades. David Horne has served since 2022 as senior director of trades. His promotion comes following a split of the shipbuilder’s human resources and administration department and trades department into two standalone groups. Xavier Beale, who held both roles, will continue as vice […]
Space race
Leaders of a regional engineering firm figured finding office space in the Town Center of Virginia Beach would be a breeze. Newspapers were reporting that demand for offices was down nationally. But that isn’t the case in the Hampton Roads area, where the office vacancy rate was 8.1% for the first quarter of 2023, according […]
Hydrogen catches big air in Newport News
Already home to a nascent 176-turbine wind farm off the coast of Virginia Beach, Hampton Roads is expanding its foray into the clean energy industry with the creation of a green hydrogen production facility at Newport News‘ Tech Center Research Park. Last spring, the Blacksburg-based Virginia Tech Corporate Research Center, which operates the 40-acre park […]
General Dynamics, HII subsidiaries receive $14.58B in Navy contracts
Reston-based General Dynamics’ Bath Iron Works subsidiary and Newport News-based Huntington Ingalls Industries‘ Ingalls Shipbuilding will construct Arleigh Burke-class guided missile destroyers for the Navy during the next 10 years under contracts valued up to $14.58 billion. The Pentagon announced the contracts Aug. 1 but did not specify the total until Wednesday. The fixed-price ince[...]
Federal Contractors | Technology 2023: CHRISTOPHER D. KASTNER
Kastner has now completed his first year as head of the nation’s largest military shipbuilding company, Huntington Ingalls Industries, which owns Newport News Shipbuilding, Virginia’s largest industrial employer. He was tapped as HII‘s president and CEO in March 2022, after previously serving as chief operating officer and chief financial officer. In fiscal 2022, the company [&he[...]
Finance | Insurance 2023: TOM RYAN
Ryan’s business philosophy is simple: “Take great care of your team and they’ll take care of our [customers], and the business will take care of itself.” Ryan joined Langley Federal in 2012 after more than 20 years with Massachusetts-based Digital Federal Credit Union, where he was executive vice president and chief operating officer. With more […]
Federal Contractors | Technology 2023: JENNIFER BOYKIN
After receiving her bachelor’s degree in marine engineering from the U.S. Merchant Marine Academy and a master’s in engineering management from George Washington University, Boykin began her career at Newport News Shipbuilding in 1987 in the nuclear engineering division, moving up the ranks, before becoming president in 2017. She’s the first woman to lead the […]
