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The federally-mandated deadline to be fully vaccinated is December 8, 2021. Local Discounts. on 800 acres of land along the Pascagoula River. Median Employee Pay. Holiday Giving; Volunteer Spotlight; HII Discounts. Segment operating margin1in the fourth quarter of 2021 was 6.2%, compared to 7.3% in the same period last year. huntington ingalls paid holidays 2021. When analyzing our operating performance, investors should use segment operating income and segment operating margin in addition to, and not as alternatives for, operating income and operating margin or any other performance measure presented in accordance with GAAP. 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. Current Sr. Software Engineer in Fairfax, VA, Virginia. Shipbuilders are also encouraged to wear masks in crowded outdoor settings, during activities involving close contact with others, and in meetings that require large attendance in person. Some studies say the immunity may drop off after 6 to 8 months, and a recent Kentucky study showed that people who have had CoViD before are more than two times more likely to be reinfected. The share count should trend lower as well. The government (and all of those internet experts) are irrelevant: listen to board-certified doctors, most of whom were first in line for a vaccine. Key Ingalls Shipbuilding milestones for the quarter: Newport News Shipbuilding revenues for the fourth quarter of 2021 were $1.5 billion, a decrease of $211 million, or 12.1%, from the same period in 2020, primarily driven by lower revenues in aircraft carriers and submarines. Please stand by for additional information from your division leaders about the specific division plans to enable you to meet this requirement of employment. As you are aware, the Gulf Coast is experiencing a surge in positive COVID-19 cases. Visit the Ingalls Coronavirus Webpage to read the. As you know, the demand for the COVID-19 vaccine is high, and we will continue to stay in close contact with the state and local providers who oversee its distribution, including Singing River, who currently provides our testing services and who will continue to manage the on-site vaccination program as more doses become available. Operating income in the fourth quarter of 2021 was $120 million and operating margin was 4.5%, compared to $305 million and 11.1%, respectively, in the fourth quarter of 2020. Project Convergence and more. 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 In order to keep your priorities front and center, we sent out surveys and held department meetings. Segment operating income1in 2021 was $683 million and segment operating margin1was 7.2%, compared to $555 million and 5.9%, respectively, in 2020. COVID vaccines are extremely safe. Diluted earnings per share was $3.20. Huntington Ingalls Industries will webcast its earnings conference call at 9 a.m. Eastern time today. Your cells actually break down the mRNA and discard it after your muscle cells react to it by building the antibodies. All shipbuilders are to wear masks inside all buildings at work, unless alone in their specific work area. . Ratings. HII has a robust benefits and wellness strategy that emphasizes physical, mental and financial health for employees and their family members. Amount of Analyst Coverage Huntington Ingalls Industries has only been the subject of 4 research reports in the past 90 days. This website uses cookies to improve your experience while you navigate through the website. 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. Forward-looking statements involve important risks and uncertainties that could cause our actual results to differ materially from those expressed in these statements. 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. 0000001566 00000 n 0000048698 00000 n Menu and widgets. Only time will tell. Christening a ship is a revered tradition in the United States Navy, and while COVID-19 . 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. As a reminder, employees can receive the vaccine onsite at the dates and times Ingalls provides through Singing River Health System, at QuadMed, or at other sites in the community. For the full year, Ingalls Shipbuilding segment operating income1was $281 million, flat with 2020 results. 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. Huntington Ingalls reported Q3 2021 results on November 4th, 2021. Recently, we heard from our CEO Mike Petters and COO Chris Kastner on the federal vaccination mandate. Medical officials recommend staying up-to-date on vaccines and getting tested if you have any symptoms of COVID-19. Technical Solutions EBITDA margin1in 2021 was 8.6%. The Tool Room, Westpark 300, Westpark 500 and the Foundry will be closed throughout the shutdown and will open January 4 th, 2021. Other. 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. The vaccine saves lives, and not just yours. Employee Assistance Program. The dividend is payable on April 24 . Because not all companies use identical calculations, our presentation of segment operating income and segment operating margin may not be comparable to similarly titled measures of other companies. The chart below helps define important dates for the three vaccines currently available. As a reminder: Scroll down for information regarding COVID-19 guidance and for a list of community vaccine locations. Our primary work location is Newport News, VA. 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 Few people do that, but the world would be a better place if everyone did. Current NNS employees can earn $1,000 - $5,000 cash awards for referring job seekers . Even more important is the fact that less than 1% of those who are vaccinated die even if they contract CoViD. Holiday Calendar . Employing 11,500 employees, Ingalls is the largest manufacturing employer in Mississippi and a major contributor to the economic growth of Mississippi and Alabama. Give the gift of a visit to The Huntington! %PDF-1.7 % Pension adjusted earnings per share1in the quarter was $2.84, compared to $4.35 in the fourth quarter of 2020. HYk0W1)(neaekf edPubT{;P ~>02imZb)B6>}\jlFm/ How can I verify that the company has received and acknowledged proof of my vaccination? 0000035271 00000 n This aligns with updated guidance from the Centers for Disease Control and Prevention (CDC) and the States of Mississippi and Louisiana. By clicking Accept, you consent to the use of ALL the cookies. Employee Discounts The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. If available, KN95 masks are the most effective. Updates will be provided as we continue to monitor the situation. Submarine revenues decreased due to lower volumes on Block IV boats of theVirginia-class submarine (VCS) program, partially offset by higher volumes on Block V boats of the VCS program and theColumbia-class submarine program. About us: Ingalls Shipbuilding is located in Pascagoula, Mississippi on 800 acres of the most important real estate in America. Click here to request a virtual visit, 1000 Access Road Ingalls Shipbuilding is located in Pascagoula, Miss. 0000016277 00000 n As you are aware, implementation of the federal governments vaccine mandate has been a complex undertaking. Adems de los eventos de la empresa, tambin hay lugares dentro de nuestras comunidades para vacunarse. 0 We are only aware of one of those being hospitalized with a second infection, which supports the notion that antibodies are at least somewhat effective. Fourth quarter 2021 results include approximately $6 million of segment operating income1attributable to Alion, net of the purchased intangible asset amortization. Dont just do it for yourself. {GKMxQa /0 To register for a vaccination and for the latest company updates, visit https://ingalls.huntingtoningalls.com/coronavirus/. Further, many volunteers were readily available and willing to participate in the early development trials. Pascagoula, MS 39568 By continuing to use and navigate this website, you are agreeing to the use of cookies. As previously communicated, you have no action to self-report if you received your vaccination onsite at Ingalls through Singing River Health System. Current period state income tax expense is charged to contract costs and included in cost of sales and service revenues in segment operating income. You do not need to self-report on UPoint if you received your vaccination at Newport News Shipbuilding through QuadMed or at Ingalls Shipbuilding through Singing River Health System.