For the full year, Technical Solutions segment operating income1was $50 million, an increase of $9 million, or 22.0%, from 2020, driven primarily by the acquisition of Alion, as well as equity income from our nuclear and environmental joint ventures and our ship repair and specialty fabrication joint venture, partially offset by lower performance in unmanned systems. Thus, Delta is about 3 times more contagious than Alpha. $43,621. 0000070049 00000 n
The federal mandate applies to us and to every other shipyard doing work for the Navy and Coast Guard. Ingalls Shipbuilding is located in Pascagoula, Miss. Management-approved FLEX, PTO or vacation are required during the entire vaccination process if occurring during your scheduled work hours. While it is not mandatory at HII, I strongly encourage you to schedule an appointment as soon as a version of the vaccine becomes available. Employing 11,500 employees, Ingalls is the largest manufacturing employer in Mississippi and a major contributor to the economic growth of Mississippi and Alabama. 0000002333 00000 n
The consensus earnings estimate was $2.52 per share on revenue of $2.2 billion. Please show up at the requested time. If 6 months have passed since your last COVID vaccine dose, you are eligible for a booster. HII is a global engineering and defense technologies provider. Guide to Understanding How PTO Works. Free cash flowis defined as net cash provided by (used in) operating activities less capital expenditures net of related grant proceeds. This includes cookies necessary for the website's operation. 14 days of holidays. As of today, January 12, 2022, below are a few reminders of recent updates to our ongoing efforts to minimize the impacts of coronavirus to our workforce: Per the recent updatedCDC guidance, an employee testing positive for COVID-19 should isolate for 5 days. Paid Holidays (including Good Friday and Easter Monday, Independence Day, Labor Day, Thanksgiving and Black Friday, Christmas Eve, Christmas Day, New Years Eve and New Years Day), Family Medical Leave (eligible after one year of service). Newport News Shipbuilding. This post has been updated to correct the delivery date for DDG-121. This website uses cookies to improve your experience while you navigate through the website. PDF BENEFITS - SALARIED EMPLOYEES - Huntington Ingalls Industries You also have the option to opt-out of these cookies. *The income tax impact is calculated using the tax rate in effect for the relevant non-GAAP adjustment. This is a transient inflammation of the heart muscle. Date / Time. As you read in Mike Petters message to all HII employees last week, our federal customer has announced that it will be a requirement of our contracts for all employees and contractors to be fully vaccinated against COVID-19 by December 8, 2021. 10 paid holidays each year. Since we began this round of contract negotiations in September 2021, our goal has always been to bargain a deal that reflects your hard work and effort in keeping the shipyard running during the height of the Covid-19 outbreak. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. In Mississippi, 7,761 deaths have been caused by CoViD. You can send a picture of the front and back byE-MAIL[emailprotected]. 0000006844 00000 n
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Published. As you are aware, the Gulf Coast is experiencing a surge in positive COVID-19 cases. The COVID vaccines are some of the best studied vaccines in history and are not experimental. COVID vaccines are currently authorized by the FDA and the Pfizer vaccine is now fully approved. This cookie is set by GDPR Cookie Consent plugin. 10 days of federal paid holidays. It includes your sick time and takes 5 years for new employees to get more time. We provided a comprehensive schedule for ad placement, executed research and recommended the . Si no se cumplen los requisitos legales o no se pueden cumplir, se notificar respectivamente. If 6 months have passed since your last COVID vaccine dose, you are eligible for a booster. In light of this development,we are hereby suspending the deadline for vaccination, except where specific Technical Solutions contracts require it. 14 days of holidays. For the full year, Newport News Shipbuilding segment operating income1was $352 million, an increase of $119 million from 2020. Documentation will need to be submitted if vaccinated offsite. If you have to work on a Holiday, you are able to use the holiday hours on another day of your choosing. Attest that they meet the current eligibility criteria for the vaccine, Singing River will upload the information from Ingalls employees into their system, Singing River schedules the employee and sends them a text with their appointment time. Factors that may cause such differences include: changes in government and customer priorities and requirements (including government budgetary constraints, shifts in defense spending, and changes in customer short-range and long-range plans); our ability to estimate our future contract costs and perform our contracts effectively; changes in procurement processes and government regulations and our ability to comply with such requirements; our ability to deliver our products and services at an affordable life cycle cost and compete within our markets; natural and environmental disasters and political instability; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures and strategic acquisitions; adverse economic conditions in the United States and globally; health epidemics, pandemics and similar outbreaks, including the COVID-19 pandemic, and the impacts of vaccination mandates on our workforce; our ability to effectively integrate the operations of Alion Science and Technology into our business; changes in key estimates and assumptions regarding our pension and retiree health care costs; security threats, including cyber security threats, and related disruptions; and other risk factors discussed in our filings with the U.S. Securities and Exchange Commission. Doing so will help us assess how protected our employees are against COVID-19. Technical Solutions segment operating income1for the fourth quarter of 2021 was $17 million, compared to $18 million in the fourth quarter of 2020. Send a picture of the front and back of your card along with your name and badge number to, To verify your proof of vaccination was received, call the HII Employee Information Line at, Click here to download a list of where you can get a vaccine in the community, Centers for Disease Control and Prevention (CDC), see most recent message on this page, dated Jan. 7, precautions recommended for unvaccinated people, including wearing a well-fitted mask, MS Department of Health: Addressing Common Myths.pdf, Study Suggests Lasting Immunity After COVID-19, With a Big Boost From Vaccination | Infectious Diseases | JAMA | JAMA Network, https://ingalls.huntingtoningalls.com/coronavirus/, https://ingalls.huntingtoningalls.com/coronavirus/vaccine/vaccinedrawing/, https://ingalls.huntingtoningalls.com/coronavirus/vaccine, ingalls.huntingtoningalls.com/coronavirus/vaccine, California Transparency in Supply Chains Act of 2010 and U.K. Modern Slavery Act of 2015, Huntington Ingalls Industries Inc. United Kingdom Tax. Huntington Ingalls Holiday Calendar 2021. lucy January 15, 2019 No comment 274 views. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? (Click here for the Fight for you video). These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Tambin tengo la esperanza de que juntos podamos superar la percepcin de que este es un resultado incorrecto para algunos miembros de nuestro equipo y pasar a que este sea el mejor resultado para todo nuestro equipo. huntington ingalls holiday schedule 2021 Download this flyer with information on the 2 Shots 1 Coast drawings for cash prizes. The PTO cap is 2.0 times annual accrual. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Charging instructions will be provided. 1 Updated 4/29/2021 Keep yourself and others safe from COVID-19 when returning to work Ingalls is closely monitoring federal and state COVID-19 requirements and guidance and will make adjustments to these FAQs as needed. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The increase was primarily due to impacts related to VCS program performance and COVID-19 in the prior year. NEWPORT NEWS, Va., Feb. 10, 2022 Huntington Ingalls Industries (NYSE:HII) reported fourth quarter 2021 revenues of $2.7 billion, down 2.9% from the fourth quarter of 2020. However you may visit Cookie Settings to provide a controlled consent. See Exhibit B for additional information. No appointment is necessary. 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Our Fair Pay score for Huntington Ingalls Industries is 2.82. We recognize that this is a significant new requirement of each of us as individuals, and of all of us as one team. Overview. Opting out of YouTube cookies will disable your ability to watch or interact with YouTube videos. The mandate does not provide for a testing option in lieu of a vaccine. The boosters will be available at the onsite vaccine events already scheduled, so no appointment is necessary. Huntington Ingalls Industries Reports Third Quarter 2021 The original version (Alpha) had an R0 value of 2.5, meaning an infected person would infect two and a half people. We continue to strongly urge vaccination of all employees for the reasons described above. Employees who test positive for COVID-19 and are not fully vaccinated will not qualify for the paid waiting period. Revenues on the NSC program decreased due to lower volume on USCGCStone(NSC 9) following its delivery in the prior year, partially offset by higher volume onFriedman(NSC 11). 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. Ingalls Shipbuilding is located in Pascagoula, Miss. At over 80% fully and partially vaccinated, we have achieved a significant milestone both in keeping our community safe and ensuring that we continue focusing on our mission. Huntington Ingalls Industries reports first quarter 2021 results. Huntington Ingalls Industries Reports Third Quarter 2021 Results Unvaccinated employees and those going through the vaccination process are still encouraged to wear a face covering while at work when they are unable to maintain social distance. Ingalls is the largest supplier of U.S. Navy surface combatants, and has built . Anyone who has been vaccinated does not have to quarantine and may return to work immediately. HUNTINGTON INGALLS INDUSTRIES, INC.CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED), HUNTINGTON INGALLS INDUSTRIES, INC.CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED), HUNTINGTON INGALLS INDUSTRIES, INC.CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) (continued), HUNTINGTON INGALLS INDUSTRIES, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED), HUNTINGTON INGALLS INDUSTRIES, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (continued), Exhibit B: Non-GAAP Measures Definitions & Reconciliations, We make reference to segment operating income, segment operating margin, pension adjusted net earnings, pension adjusted diluted earnings per share, shipbuilding revenue, shipbuilding operating margin, Technical Solutions EBITDA margin and free cash flow.. HII Newport News Shipbuilding, Inc. Retirement Plan Summary Plan %PDF-1.7
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Kari Wilkinson As a result of rising case numbers, the CDC recommends wearing a mask indoors in public for those who are and are not vaccinated. Pick Huntington Ingalls Stock For 20% Gain. Revenue: US$2.63b (up 12% from 3Q 2021). To self-report your vaccination status, log into your UPoint account from www.hiibenefits.com. Companywide revenue rose 1.0% to $2,338M compared to $2,314M and diluted earnings per share fell (-33%) to $3.65 from $5.45 on a year-over-year basis. While getting the COVID-19 vaccine is not mandatory, we strongly encourage it. (And, the 8.7% who do contract CoViD despite being vaccinated rarely get hospitalized and rarely die of CoViD.) Benefits - Huntington Ingalls Industries We will continue to communicate changes as necessary. Click here to download a list of where you can get a vaccine in the community. DDG program revenues increased due to higher volumes onJack H. Lucas(DDG 125),George M. Neal(DDG 131),Jeremiah Denton(DDG 129) andSam Nunn(DDG 133), partially offset by lower volumes on USSDelbert D. Black(DDG 119) following its delivery and USSFitzgerald(DDG 62) following its redelivery. 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 accrual schedule and years of service, and is accrued by pay period, with the exception of a feature that allows an employee to request an advance of up to 40 hours. Technical Solutions EBITDA margin1in the fourth quarter of 2021 was 9.0%. endstream
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Ingalls employees interested in signing up or learning more should visit https://ingalls.huntingtoningalls.com/coronavirus/vaccine and complete the registration form. For the first year you only get 2 weeks of total of PTO/vacation/sick leave. Huntington Ingalls Industries, Inc. ( NYSE: HII) Q4 2021 Earnings Conference Call February 10, 2022 9:00 AM ET Company Participants Christie Thomas - Vice President of Investor Relations Mike. Consistent with HIIs recent announcement, Ingalls will no longer ask that fully vaccinated employees wear face masks when they are unable to socially distance, unless they live in a state or locale that requires it. Newport News Shipbuilding will not be accepting deliveries from 2:30 p.m . 0000059871 00000 n
The Food and Drug Administration specifically cited authorization for solid organ transplant recipients or those who are diagnosed with conditions that are considered to have an equivalent level of immunocompromise, representing about 3% of U.S. adults. Flower Girl, Fort Lauderdale (LPD 28) Grace Rebecca Tanner is the daughter of shipbuilder Lee Tanner, General Foreman, Carpenters, who has worked at Ingalls for 13 years. Learn more about us and our benefits. Life Insurance on 800 acres of land along the Pascagoula River. Our safety, and that of our loved ones, has and will remain a top priority. Please bring your COVID vaccination card. Lee Bond, CEO of Singing River Health System, explains why getting the COVID-19 vaccine is vital to your health and to the safety of your community. OL)dGaM}9S=Q8W,D>!7u,q1 Huntington Ingalls | Company Overview & News - Forbes With the growing spread of the COVID-19 delta variant, HII leadership has decided to reinstate the paid waiting period for fully vaccinated employees who test positive for COVID-19, effective July 26. Holiday Giving. A telephone replay of the conference call will be available from noon today through Thursday, Feb. 17 by calling toll-free (877) 344-7529 or (412) 317-0088 and using access code 8128939. Diluted earnings per share in the quarter was $2.99, compared to $6.15 in the fourth quarter of 2020. NEWPORT NEWS, Va., Feb. 10, 2022 Huntington Ingalls Industries (NYSE:HII) reported fourth quarter 2021 revenues of $2.7 billion, down 2.9% from the fourth quarter of 2020. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Revenues on the NSC program decreased due to lower volume onStone(NSC 9) following its delivery. Huntington Ingalls Industries Reports Second Quarter 2021 Results wills o' nats last of the summer wine. Ingalls employees interested in learning more or signing up, if eligible, should complete the registration form. 0000001176 00000 n
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. Pension adjusted diluted earnings per shareis defined as adjusted net earnings divided by the weighted-average diluted common shares outstanding. They should continue to take all, If you are fully vaccinated, to maximize protection and prevent possibly spreading COVID-19 to others, wear a mask indoors in public if you are in an area. DIVIDEND YIELD 2.18%. Due to COVID-19 restrictions, attendance at the ceremony was limited for safety. Traffic & Transportation. We will not belittle anyone for not yet being vaccinated, and do not be embarrassed if you are worried or scared about CoViD or vaccinations. S3i2 Compound Name, If you are still ill and unable to return to work after the five days of quarantine, contact the Leave Desk by phone at 228-935-1009, or by email at [emailprotected] for medical leave of absence paperwork. This cookie is set by GDPR Cookie Consent plugin. 0000002198 00000 n
All shipbuilders are to wear masks inside all buildings at work, unless alone in their specific work area. The cookies is used to store the user consent for the cookies in the category "Necessary". And with safety as our primary objective, we will continue to encourage 100% vaccination for our shipyard. Huntington Ingalls Industries is expected to deliver Fort . We will continue to manage our programs, and if the mandate becomes a contractual requirement, we will be required to respond accordingly. Send a picture of the front and back of your card along with your name and badge number: Due to the threat of inclement weather from Hurricane Ida, Ingalls COVID Testing Facility will be closed Saturday, August 28th through Monday, August 30th. Segment operating margin1in the fourth quarter of 2021 was 2.9%, compared to 5.8% in the same period last year. You may freely choose to accept or decline these cookies at any time. Singing River Health Systems Healthplex is a dedicated, full-time vaccination clinic open Monday Friday from 8 a.m. 7 p.m. No appointment needed. If you are unable to access the form link, try accessing it on the IngallsConnect App. When COVID-19 created roadblocks to traditional volunteer events . Huntington Ingalls Industries, Inc. will pay its quarterly dividend of $0.40 [.] Why do people leave their jobs? There is nothing you need to do. Medical, Dental & Vision Plan Options. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Tickets. Our ability to continue to serve the nations interests depends on our full teams compliance. 0000003747 00000 n
Free cash flow may not be comparable to similarly titled measures of other companies. Click here to download a PDF of Community Vaccine Sites as of January 6th. For more information please visitHII.com. Holidays at The Huntington | The Huntington Following the second dose of the vaccine, many of our 65+ shipbuilders expressed enthusiasm for being able to obtain the vaccine. Employees and that. These cookies ensure basic functionalities and security features of the website, anonymously. From: Newport News Shipbuilding Freight Traffic Office.