Huntington Ingalls Industries Inc.
Huntington Ingalls Industries Adopts Annual Say-on-Pay Policy
Summary
On May 1, 2024, Huntington Ingalls Industries, Inc. held its 2024 Annual Meeting of Stockholders, where stockholders voted to approve, on an advisory basis, the preferred frequency of future advisory approvals of the compensation of the Company's named executive officers. The preferred frequency selected was '1 Year.' In accordance with these results, the Company's board of directors adopted a policy on July 30, 2024, to conduct future say-on-pay votes every year until the next required vote on the frequency of such say-on-pay votes.
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About Huntington Ingalls Industries Inc.
Huntington Ingalls Industries Inc. operates as a comprehensive shipbuilding company specializing in designing, building, and maintaining nuclear and non-nuclear ships globally. As America's largest military shipbuilding firm, Huntington Ingalls plays a critical role in the defense industry by constructing and maintaining a considerable portion of the U.S. Navy and Coast Guard's fleet. Established in 2011 and headquartered in Newport News, Virginia, the company extends its expertise to complex logistics, design, engineering, and construction of naval vessels such as aircraft carriers, submarines, and amphibious assault ships. Huntington Ingalls' influence is notable across defense, national security, and marine engineering sectors. The company also diversifies with its technical solutions segment, offering wide-ranging services including unmanned systems, nuclear support, and oil and gas engineering. This diversification solidifies its position within both defense and broader industrial realms, ensuring resilience in fluctuating economic conditions and technological advancements.
Official SEC Documents
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