Huntington Ingalls Industries is confident its businesses are well-positioned for whatever the future of the Navy is – whether it’s the implementation of the Pentagon’s Battle Force 2045 plan or something else implemented by new leadership, according to the chief executive. Read More
Despite the coronavirus pandemic taking its toll on submarine construction at Newport News Shipbuilding, as the company president announced last month, the shipyard and the crew of the future Montana (SSN-794) have been working hard to keep the Virginia-class attack sub on track to deliver to the fleet next year. Read More
Newport News Shipbuilding has seen a disproportionate amount of its COVID-19-related delays and inefficiencies hit its Virginia-class attack submarine production line, as the yard has prioritized its available workforce on supporting maintenance for in-service submarines and aircraft carriers, the company’s CEO told investors today. Read More
The second America-class amphibious warship entered the U.S. Navy fleet in an administrative action on Wednesday, without the pomp and circumstance of a commissioning ceremony. Read More
A trio of large defense contractors belive their financial futures are secure in 2020 and 2021 – even with COVID-19 and a slowed federal budget process.
This post was updated with a statement from Huntington Ingalls Industries.
Huntington Ingalls Industries executives are still smarting a week after the Navy awarded a potentially multi-billion-dollar frigate contract to rival shipbuilder Fincantieri.
It’s still too early to say if the COVID-19-related economic slowdown is significantly disrupting the production of major programs, the Navy’s top weapons-buyer said during a media call Tuesday.
Huntington Ingalls Industries is restructuring its shipbuilding businesses to tap into the Navy’s growing demand for unmanned undersea vehicles. Read More
WASHINGTON, D.C. – The Navy and industry are still facing a lot of unknowns during a “dynamic” conversation about what ships to build and how to best support future operations, leaders said today.
Negotiations to build the Block V Virginia-class submarines will likely result in a contract for fewer subs than what Congress authorized, than the Navy wants and than industry can build, a shipbuilding executive told Wall Street analysts on Thursday. Read More