Mike Petters: HII Working With General Dynamics, Navy to Finalize Block V Virginia-Class Submarine Contract

Mike Petters
Mike Petters

Mike Petters, CEO at Huntington Ingalls Industries, said the company has collaborated with the U.S. Navy and General Dynamics to finalize the contract for Block V of Virginia-class submarines, USNI News reported Thursday.

Petters added the negotiation for the delivery nine Block V submarines will conclude in December, while the Navy notified Congress of its plans to award the contract in 30 days.

The former Wash100 awardee also said that the company has taken efforts to expand and train its workforce and production capabilities in line with the program.

“We’ve invested in facilities to expand the capacity, and we’ve reflected that as we’ve gone to negotiate the Block V contract,” said Petters.

Check Also


Smartsheet Collaboration Platform Gets DISA Provisional Authorization at Impact Level 4

The Defense Information Systems Agency has granted Smartsheet provisional authorization for the company's collaborative work management platform to support at impact level 4 data in a cloud computing environment.

stock trading

Report: Public Exchange Sets $7.25 as Palantir Reference Price via Direct Listing

Denver-based software company Palantir Technologies is scheduled to debut Wednesday on the New York Stock Exchange through direct listing and NSYE said the company’s listing will have a reference price of $7.25 a share, CNBC reported Tuesday.

John Mengucci CEO CACI International

CACI Gets $59M Task Order to Continue DoD Financial System Support; John Mengucci Quoted

CACI International will continue to help the Department of Defense's comptroller office manage, secure and maintain financial systems under a potential $59M task order. “CACI looks forward to providing DoD budget expertise and technology to the Office of the Under Secretary of Defense with comprehensive support in modernizing and maintaining our customer’s critical mission systems," said John Mengucci, president and CEO of CACI and a 2020 Wash 100 awardee.