Huntington Ingalls reported Q3 2021 results on November 4th, 2021. The decrease in segment operating margin1was primarily driven by the recognition of a contract action and incentive on the DDG program in the prior year period, lower risk retirement on the NSC program following the delivery of USCGCStone(NSC 9) in the prior year, as well as lower risk retirement on the amphibious assault ship programs. About us: Ingalls Shipbuilding is located in Pascagoula, Mississippi on 800 acres of the most important real estate in America. Please scroll down for the 1st set of Frequently Asked Questions. The consensus earnings estimate was $2.52 per share on revenue of $2.2 billion. Huntington Ingalls Industries is proud of the nearly 18% of our workforce family who served and who are still helping to shape freedom . Huntington Ingalls | Company Overview & News - Forbes Local Discounts; National Discounts; . By clicking Accept, you consent to the use of ALL the cookies. benefits Benefits HII cares about our more than 44,000 employees so we offer comprehensive benefits packages including: Competitive Pay Employee Assistance Program Employee Discounts Life Insurance Medical, Dental & Vision Plan Options Paid Holidays Paid Time Off Savings Plan Options (401K) Tuition Reimbursement tampax pure . The increase was due primarily to the acquisition of Alion Science and Technology (Alion), partially offset by the divestiture of our oil and gas business and contribution of the San Diego Shipyard to a joint venture in the first quarter of 2021. Paid Time Off Schedule Years of Service Hours Accrued Annually Maximum Accrual Amount (Hours) 0 - 4 112 224 5 - 7 144 288 8 - 9 152 304 Huntington Ingalls Newport News Shipbuilding will be closed for the Holiday from Thursday, December 23, 2021 through January 2, 2022 and will reopen on Monday, January 3, 2022. Email is within Ingalls secure network. NEWPORT NEWS, Va., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) reported fourth quarter 2021 revenues of $2.7 billion, down 2.9% from the fourth quarter of 2020 . H\j0~ Pension adjusted earnings per share1in 2021 was $13.03, compared to $10.00 in 2020. This resource page is updated frequently and the infographics and other documents are available to be downloaded. Jackson County and surrounding areas are seeing a rise in COVID-19 cases. To align with guidance from the Centers for Disease Control and Prevention (CDC), Huntington Ingalls Industries will no longer require fully vaccinated employees to wear face masks, unless they live in a state or locale that requires it. A provision of the Tax Cuts and Jobs Act of 2017 went into effect on Jan. 1, 2022 that requires companies to capitalize and amortize research and development costs over five years rather than deducting such costs in the year incurred for tax purposes. Medical, Dental & Vision Plan Options. DIVIDEND YIELD 2.18%. Fourth quarter 2021 results include approximately $6 million of segment operating income1attributable to Alion, net of the purchased intangible asset amortization. Few people do that, but the world would be a better place if everyone did. Traffic & Transportation. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Reconciliations of forward-looking GAAP and non-GAAP measures are not provided because we are unable to provide such reconciliations without unreasonable effort due to the uncertainty and inherent difficulty of predicting the future occurrence and financial impact of certain elements of GAAP and non-GAAP measures. Singing River schedules the employee and sends them a text with their appointment time. endstream endobj 42 0 obj <>stream We recognize that this is a significant new requirement of each of us as individuals, and of all of us as one team. WORKFORCE DEVELOPMENT TRAINING OPPORTUNITIES, Read more about workforce development news at Ingalls Shipbuilding, California Transparency in Supply Chains Act of 2010 and U.K. Modern Slavery Act of 2015, Huntington Ingalls Industries Inc. United Kingdom Tax. Numerous American companies, like Huntington Ingalls Industries, provide group health insurance for their Read more, Compare the work satisfaction, stress and gender at Huntington Ingalls Industries with similar employers, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. In an abundance of caution, though, HII leadership has updated the COVID-19 waiting period policy to offer greater flexibility to those who test positive for COVID-19 despite being fully vaccinated. 0000059966 00000 n Pending offsite availability, the Johnson and Johnson single shot must be taken no later than November 24. on the following dates and times: No appointment is necessary. HII Paid Holidays 43 employees reported this benefit 4.2 12 Ratings Available to US-based employees Change location Employee Comments Showing 1-10 of 12 Dec 17, 2022 3.0 Current Nuclear Instructor in nullnull There are 8 days per year Helpful Report Sep 5, 2022 4.0 Current Production Planner/Scheduler in nullnull Huntington Ingalls Industries reported $161M in Stock for its fourth fiscal quarter of 2021. (And, the 8.7% who do contract CoViD despite being vaccinated rarely get hospitalized and rarely die of CoViD.) We believe that segment operating income and segment operating margin reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP results, provide a more complete understanding of factors and trends affecting our business. You are also encouraged to wear your mask in crowded outdoor settings, during activities involving close contact with others, and in meetings that require large attendance in person, as we attempt to arrest the rampant spread of the virus. Management-approved FLEX, PTO or vacation are required during the entire vaccination process if occurring during your scheduled work hours. Benefits - Huntington Ingalls Industries If you test positive at the Ingalls COVID-19 Testing Center, Ingalls Payroll Department will input the quarantine pay charge number into your record for the remainder of your quarantine period, up to 5 days, if eligible. Some important reminders as you plan: Our country counts on the work we do at HII to support and protect our men and women in uniform, and our national security. Ingalls shipbuilders develop and produce technologically advanced, highly capable warships for the U.S. Navy, U.S. Coast Guard, U.S. Marine Corps and international and commercial customers, producing nearly 70 percent of the Navy surface fleet of warships. The cookie is used to store the user consent for the cookies in the category "Analytics". . In the message, she shared that the company received its first 300 doses and has started vaccinating shipbuilders. If you test positive at an offsite location, contact Ingalls Medical Department at (228) 935-1922 or, Reminder: Employees are considered eligible for quarantine pay if they are fully vaccinated and it is their first occurrence. We also use free cash flow as a key operating metric in assessing the performance of our business and as a key performance measure in evaluating management performance and determining incentive compensation. For the full year, Ingalls Shipbuilding segment operating income1was $281 million, flat with 2020 results. If you are fully vaccinated and test positive for COVID-19,you will be paid for up to 5 days of quarantine pay for your first occurrence. We have volunteers working after hours through the night and on weekends to try to administer as many treatments as humanly possible. We value these as opportunities to engage students and introduce them to Ingalls long before they graduate high school. Pension adjusted diluted earnings per shareis defined as adjusted net earnings divided by the weighted-average diluted common shares outstanding. If you are eligible for testing pay, Ingalls Medical Department will input the charge number into your record. In accordance with the updatedCDC guidance,Ingalls has updated its Quarantine Pay Policy. We thank the shipbuilders who chose, or do choose in the future, to get vaccinated for the health and safety of themselves, their families, and their fellow shipbuilders. COVID-19 vaccinations are now open to all Mississippi residents, and to out-of-state residents who work in Mississippi. Analytical cookies are used to understand how visitors interact with the website. See Exhibit B for additional information. Closed Dec. 24 & 25 (Christmas Eve and Christmas Day)Open Tuesday, Dec. 27 and Sunday, Jan. 1 (New Years Day), Reservations are required on weekends. Huntington Ingalls Industries Inc (HII) Q1 2021 Earnings Call - Nasdaq BENEFITS. However you may visit Cookie Settings to provide a controlled consent. According to analysts' consensus price target of $251.10, Huntington Ingalls Industries has a forecasted upside of 14.9% from its current price of $218.50. Tuition Reimbursement. Your loved ones could also benefit from you being vaccinated. Click here to download a list of where you can get a vaccine in the community. We believe free cash flow is an important measure for our investors because it provides them insight into our current and period-to-period performance and our ability to generate cash from continuing operations. Unvaccinated employees and those going through the vaccination process must still wear a face covering while at work and are subject to discipline, up to and including termination, if found to be unvaccinated and not wearing a mask and unable to maintain social distance. Pascagoula, MS 39568 They strive to build personal relationships and professional networks to assist the company with . Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Aug 15, 2021, 1:53:42 PM 8/15/21 . General Consider getting a COVID-19 vaccine when it is available to you. Life Insurance. BeWell is the quarterly newsletter for health and wellness by Huntington Ingalls Industries. Employee Assistance Program Ingles Holiday Hours Open/Closed PDF Huntington Ingalls Industries Inc. (HII) - Suredividend.com From Mississippi Department of Health Addressing Common Myths: Congratulations to Terrence Jackson and Matthew Brown for being the second Ingalls employees to, take a shot at $2,500 and win! This is a transient inflammation of the heart muscle. Contagion increase is better defined by the R0 (R naught), which is the number of people a person with CoViD is expected to infect. Revenues on the NSC program decreased due to lower volume onStone(NSC 9) following its delivery. Please show up at the requested time. I want to make you aware of the growing availability of the COVID-19 vaccine. Employee Discounts If 6 months have passed since your last COVID vaccine dose, you are eligible for a booster. In 2022, we reported record sales of $10.7 billion, net earnings of $579 million and free cash flow of $494 million. Diluted earnings per share was $3.20. Visit, . With the recent update, we know that the deadline for federal contractors has been extended from December 8 to January 4. Analytical cookies are used to understand how visitors interact with the website. Once logged in, click the COVID-19 Self-Reporting banner at the top of your homepage, read the instructions and fill out the brief questionnaire. Huntington Ingalls Industries To Acquire Alion Science and Thank you for the work that you continue to do every day. HII is Americas largest military shipbuilding company and a provider of professional services to partners in government and industry. huntington ingalls holiday schedule 2021 Recently, we heard from our CEO Mike Petters and COO Chris Kastner on the federal vaccination mandate. Not only can vaccinated people get CoViD, 8.7% of them are expected to, and that has been known from the beginning. A study in the UK found that people previously infected have an 83% rate of protection against reinfection, and another shows even much higher than that. HII cares about our more than 44,000 employees so we offer comprehensive benefits packages including: Huntington Ingalls Industries Reports Second Quarter 2021 Results *, *this link is not accessible on company devices. If you received your vaccination in the community, we ask that you self-report online by logging into your UPoint account from www.hiibenefits.com. These cookies serve ads that are relevant to your interests. Here is how to claim your vacation/PTO: Simply submit your vaccination card via email. 0000006844 00000 n We are pleased with another year of consistent program execution in the face of a challenging operational environment on multiple fronts, said Mike Petters, HIIs president and CEO. While we are still assessing and evaluating the details of this new mandate, what we do know is this: By Dec. 8, 2021, employees of federal contractors, which includes HII, must be fully vaccinated. Ingalls Shipbuilding is located in Pascagoula, Miss. To: Freight Forwarders - Suppliers. Local Discounts - HII Discounts Web Huntington Ingalls Industries employees with the job title Nuclear Engineer make the most with an average annual salary of $94,064, while employees with the title Supply Chain Specialist make the least with an average annual salary of $60,858. Ingalls USD 477 Calendar 2022 This page contains the major holiday dates from the 2022 school calendar for Ingalls USD 477 in Kansas. COVID vaccines do not cause infertility. Dr. Charles McRaney, Chief Medical Officer for Ingalls Shipbuilding, talks about the importance of getting vaccinated to protect yourself and others from COVID-19 and highly contagious variants. This recent guidance from CDC is another step in the right direction. HII leads the industry in mission-driven solutions that support and enable a networked, all-domain force. In order to maximize protection from the delta variant and in consideration of the most recent statewide mask mandate issued by the State of Louisiana, effective August 4, 2021 to September 1, 2021, all persons entering or working indoors in the UNO Building will be required to wear a mask in public indoor settings in transit and at any time social distancing cannot be maintained. HII leads the industry in mission-driven solutions that support and enable a networked, all-domain force. CIv!0rR[cdfH3>>YPn{&vE[ /pX):;wo&8A_vE!8g7\`! v*Bf[?d.R:hQ M2Key7KH+6cch,_A9R'\ +e~7Q(7*1xG)G&:tyK5a6f\G#-b11C~1C~1pSJ{Ab| 1? Revenues on amphibious assault ships decreased due to lower volumes onBougainville(LHA 8),FortLauderdale(LPD 28) andHarrisburg(LPD 30), partially offset by higher volume on LHA 9 (unnamed). Read the message. 2021 results included approximately $33 million of amortization of purchased intangible assets related to Alion. This cookie is set by GDPR Cookie Consent plugin. Once logged in, click the COVID-19 Self-Reporting banner at the top of your homepage, read the instructions and fill out the brief questionnaire. For the full year, Technical Solutions revenues were $1.5 billion, an increase of $208 million, or 16.4%, from 2020, driven primarily by the acquisition of Alion, partially offset by the divestiture of our oil and gas business and contribution of our San Diego Shipyard to a joint venture. Messenger RNA (mRNA) vaccines are safe. Ingalls Shipbuilding is located in Pascagoula, Miss. In order to track the vaccination status of employees, HII is requiring all employees to self-report your vaccination status in UPoint if you received a COVID-19 vaccine in the community by logging into your UPoint account from www.hiibenefits.com. NEWPORT NEWS, Va., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) reported third quarter 2021 revenues of $2.3 billion, up 1.0% from the third quarter of 2020 .