Sign In
Free Newsletter
Ferguson parent company moves primary listing to NYSE
The U.K.-based parent company of Newport News plumbing, HVAC and industrial product distributor Ferguson Enterprises LLC has transferred its primary stock listing from the London Stock Exchange to the New York Stock Exchange, Ferguson PLC announced Thursday. “We are excited to achieve this key milestone as our listing structure is now fully aligned with our […]
Newport News Shipbuilding delivers 10th Virginia-class sub
The Navy‘s newest submarine is now in the hands of the sea service. Newport News Shipbuilding delivered the future USS Montana (SSN-794) on March 11, according to a news release. It is the 10th Virginia-class fast-attack submarine to be delivered by Newport News and the 21st built as part of construction-sharing agreement with General Dynamics’ […]
New VP named at Huntington Ingalls Industries
Newport News-based Huntington Ingalls Industries has named Paul C. Harris as its executive vice president and chief sustainability and compliance officer. The move represents an expanded role for Harris, who has served as the shipbuilder’s chief compliance officer since 2020. In his new role, Harris will oversee the company’s efforts to formalize and mature its environmental, [&hellip[...]
HII division announces new VP of infrastructure and sustainability
Newport News-based Fortune 500 military shipbuilder HII announced Wednesday that Eric Crooker is the new vice president of infrastructure and sustainability at its Pascagoula, Mississippi-based Ingalls Shipbuilding division. In this role, Crooker will focus on compliance and enterprise risk management along with overseeing environmental; health; safety and security; and facilities and maintenanc[...]
Retaining walls
With COVID-19 limiting travel and site visits for companies considering coming to Hampton Roads, economic development officials focused on shoring up existing businesses in 2021. That strategy appears to have paid off, judging by the number of companies expanding throughout the region. “2021 has been a banner year for us,” says Norfolk Economic Development Director […]
Newport News apartments sell for $51M
The Cottage Grove Apartments complex in Newport News has been sold for $51 million. New York-based real estate company Beachwold Residential LLC sold the 112 building complex with 552 units to Virginia Beach-based real estate firm Featherstone Partners. The complex was originally built in 1948 and renovated in 2009. Featherstone plans to add amenities and […]
Newport News housing authority elects new chair
Kenneth D. Penrose Jr. has been elected to serve as chairman of the Newport News Redevelopment and Housing Authority (NNRHA). An office and leasing specialist in Cushman & Wakefield Thalhimer’s Newport News office, Penrose has been with the firm since 2000 and is in the second year of his second four-year term on the NNRHA. […]
HII names new president and CEO
Christopher D. Kastner will become president and CEO of Newport News-based Huntington Ingalls Industries, the nation’s largest military shipbuilder, on March 1. Mike Petters, who has served as the Fortune 500 company’s president and CEO since Northrop Grumman Corp. spun off its shipbuilding division in 2011, will become executive vice chairman of the board for […]
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 Jennif[...]
Yorktown, Newport News apartments sell for $45M, $36.7M
Two apartment properties in Hampton Roads have been sold by Philadelphia-based Resource REIT Inc., Colliers announced last week. Pines of York, a 248-unit apartment complex built in 1974 and located at 3100 Hampton Highway in Yorktown, sold for $45 million. New Jersey-based Riverpass Holdings LLC purchased the property from Resource REIT. Tech Center Square, an […]
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 Shipbuildin[...]
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 wha[...]
