Chapter 2 - Business Strategy Flashcards
Chris Kastner
President, CEO
Jennifer R. Boykin
Executive VP,
President NNS
Andy Green
Executive VP,
President, Mission Technologies
Kari Wilkinson
Executive VP,
President Ingalls
Tom Stiehle
Executive VP,
Chief Financial Officer (CFO)
Brooke Hart
Executive VP
Communications
Edmond Hughes
Executive VP, Chief HR Officer
David Horne,
1983 as a welder-X42 apprentice
VP Trades, NNS
Damon Saetre
1988-X06
VP Integrated Planning And Production Control, NNS
Thomasina Wright
1986 – Mold Lofting
VP Fleet Support Programs, NNS
three divisions of Huntington Ingalls Industries?
o NNS
o Ingalls Shipbuilding
o Mission Technologies
Customer of Ingalls Shipbuilding
Coast Guard and Navy
Customer of Mission Technologies
Military and Government Agencies
NNS Products and Services (must know 2)
Aircraft Carrier
Overhaul Refueling
1 of 2 Virginia Class
Ingalls Products and Servies (must know 2)
San Antonio Class Amphibious Transport Docks
America Class Amphibious Assault Ships
Arleigh Burke Class Destroyers
Legend Class National Security Cutters
Mission Technologies Products and Servies (must know 2)
Los Alamos national laboratory nuclear clean-up for DOE
Marine Engineering
Naval Architecture
manned and unmanned underwater systems development
What are the three types of business strategies
o Corporate Strategy
o Division strategy
o Operational Strategy
Corporate Strategy is…
performance improvements to create greater value
Division Strategy is…
continued strong execution of programs, maintaining financial predictability, backlog and stability
Operational Strategy is…
cost, performance, schedule, and quality
What two things does a strategic decision produce?
return on investment
direction to employees
government gives work to a contractor not based on the best bid
Allocation
companies decide to work together on a product or contract to protect its share of the market
Teaming
_____ is a method of offsetting financial losses
Subsidies
money given directly to a company by the government to offset financial losses
Government Subsidies
Losses in a shipbuilding division could be offset by profits made in another division are _______
Corporate subsidies
______ is multiple companies, at least one being foreign, working together to complete a project
Co-production
