HII and the U.S. Navy opened a new facility enhancing support for sailors and shipbuilders during aircraft carrier overhauls.
Quiver AI Summary
HII and the U.S. Navy inaugurated a new Carrier Refueling Overhaul Workcenter (CROW) at Newport News Shipbuilding, aimed at improving the work environment for sailors and shipbuilders during the refueling and complex overhaul of nuclear-powered aircraft carriers. The facility spans approximately 80,000 square feet and includes office spaces and quality of service areas designed to enhance sailors' well-being and readiness. NNS President Kari Wilkinson praised the collaborative effort behind the project, while Vice Chief of Naval Operations Adm. James Kilby highlighted its alignment with the Navy's "Sailors First" vision, emphasizing the importance of providing a modern, dedicated space for personnel working in the shipyard. The CROW is strategically located between the dry dock and the outfitting pier to support efficient operations.
Potential Positives
- The opening of the Carrier Refueling Overhaul Workcenter (CROW) represents a significant investment in improving infrastructure, enhancing the work environment for sailors and shipbuilders, which may lead to increased productivity and employee satisfaction.
- The facility's dedication to supporting the Navy's 'Sailors First' vision underscores HII's commitment to the well-being and readiness of service members, potentially strengthening partnerships with the U.S. Navy.
- As America’s largest shipbuilder, the new facility positions HII to effectively manage refueling and complex overhaul processes, thus solidifying its role as a leader in shipbuilding and defense capabilities.
- Recognition by Navy officials, including Adm. James Kilby, highlights the importance of the facility and may enhance HII's reputation within the defense sector and amongst stakeholders.
Potential Negatives
- None
FAQ
What is the purpose of the new Carrier Refueling Overhaul Workcenter?
The CROW facility enhances the work environment for sailors and shipbuilders during RCOH of nuclear-powered aircraft carriers.
How large is the CROW facility at Newport News Shipbuilding?
The CROW facility provides approximately 80,000 square feet of dedicated space for RCOH work.
Who benefits from the new facility at Newport News Shipbuilding?
The facility benefits both sailors and shipbuilders, supporting their well-being and operational readiness.
What is the significance of the facility according to Navy officials?
The facility aligns with Admiral Caudle’s ‘Sailors First’ vision, promoting improved service quality and work conditions.
Where is the CROW facility located?
The CROW facility is conveniently located mid-yard at Newport News Shipbuilding, between the dry dock and the outfitting pier.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HII Insider Trading Activity
$HII insiders have traded $HII stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- THOMAS E. STIEHLE (Ex. VP and CFO) sold 4,500 shares for an estimated $1,937,430
- CHAD N. BOUDREAUX (Ex VP & Chief Legal Officer) sold 4,400 shares for an estimated $1,858,780
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 3,500 shares for an estimated $1,118,533
- ERIC D. CHEWNING (EVP, Maritime Sys & Corp STR) sold 1,700 shares for an estimated $736,848
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$HII Congressional Stock Trading
Members of Congress have traded $HII stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
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- REPRESENTATIVE BRIAN BABIN sold up to $50,000 on 05/05.
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$HII Hedge Fund Activity
We have seen 460 institutional investors add shares of $HII stock to their portfolio, and 418 decrease their positions in their most recent quarter.
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$HII Analyst Ratings
Wall Street analysts have issued reports on $HII in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 01/20/2026
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$HII Price Targets
Multiple analysts have issued price targets for $HII recently. We have seen 5 analysts offer price targets for $HII in the last 6 months, with a median target of $405.0.
Here are some recent targets:
- John Godyn from Citigroup set a target price of $405.0 on 05/18/2026
- Gautam Khanna from TD Cowen set a target price of $420.0 on 05/14/2026
- David Strauss from Wells Fargo set a target price of $400.0 on 04/01/2026
- Ronald Epstein from B of A Securities set a target price of $400.0 on 02/12/2026
- Noah Poponak from Goldman Sachs set a target price of $425.0 on 01/20/2026
Full Release
NEWPORT NEWS, Va., June 26, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) and the U.S. Navy celebrated the opening of a new facility at Newport News Shipbuilding Thursday that will enhance the work environment for sailors and shipbuilders during refueling and complex overhaul (RCOH) of nuclear-powered aircraft carriers.
The Carrier Refueling Overhaul Workcenter (CROW) provides approximately 80,000 square feet of dedicated space near aircraft carriers undergoing RCOH. The facility includes office spaces for sailors and shipbuilders, as well as quality of service areas sailors can utilize while executing RCOH.
“This new facility, designed to serve sailors — and benefit shipbuilders as well — is a shining example of what teamwork can do,” NNS President Kari Wilkinson said. “We are grateful for the tenacity with which this project was envisioned, pursued and executed, and we are honored to celebrate its opening.”
“The RCOH facility directly supports Admiral Caudle’s ‘Sailors First’ vision for the Navy,” Vice Chief of Naval Operations Adm. James Kilby said. “It is our obligation to our sailors and the employees at this shipyard to keep improving and striving to deliver the best quality of service. This facility provides our sailors and shipyard partners with a dedicated, modern space outside of the heavy industrial environment to build sailors’ well-being and warfighting readiness.”
Photos accompanying this release are available at: https://www.hii.com/news/hii-and-us-navy-celebrate-opening-of-carrier-refueling-overhaul-workcenter-at-newport-news-shipbuilding .
The new CROW facility is located mid-yard at NNS, conveniently between the dry dock and the outfitting pier that support RCOH work.
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.
With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
-
HII on LinkedIn:
https://www.linkedin.com/company/wearehii
Contact:
Todd Corillo
[email protected]
(757) 688-3220
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c50274bd-5f92-458f-ba10-7aeb8fc1ed09
