ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

HII Delivers Amphibious Transport Dock Richard M. McCool Jr. (LPD 29) to U.S. Navy

By: via GlobeNewswire

PASCAGOULA, Miss., April 11, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division announced today the delivery of amphibious transport dock Richard M. McCool Jr. (LPD 29) to the U.S. Navy.

Richard M. McCool Jr. is the 13th San Antonio-class ship delivered by Ingalls and is the final Flight I transition ship before Ingalls moves into production of the LPD Flight II line.

“The LPD 29 delivery demonstrates how our shipbuilders are enabling our combined Navy and Marine Corps team,” said Kari Wilkinson, president of Ingalls Shipbuilding. “It is the most recent example of what U.S. industry and government partnerships can accomplish by putting another player on the field. We will now bring the full weight of this collaborative team to bear on steady-state Flight II execution going forward.”

Ingalls has two Flight II LPDs under construction including Harrisburg (LPD 30) and Pittsburgh (LPD 31). In March 2023, Ingalls was awarded a modification to the contract for the procurement of the detail design and construction of Philadelphia (LPD 32), the 16th ship in the San Antonio class and the third LPD Flight II.

LPD 29 - Richard M. McCool_Delivery signing_April 11, 2024

Photos and a video accompanying this release are available at: https://hii.com/news/hii-delivers-amphibious-transport-dock-richard-m-mccool-jr-lpd-29-to-u-s-navy/.

The San Antonio class is foundational to the U.S. Marine Corp’s Force Design construct and can support a variety of crisis response, special operations and expeditionary warfare missions. LPDs can operate independently or as part of amphibious readiness groups, expeditionary strike groups, or joint task forces. These capabilities allow the U.S. Navy to protect America's security abroad and promote regional stability and preserve future peace.

About HII

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.

As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

Contact:

Kimberly K. Aguillard
228-355-5663
Kimberly.K.Aguillard@hii-co.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9262308b-3261-4d3d-a59b-b0670d33512d


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.