Huntington Ingalls acquires the S.M. Stoller Corp.
- January 2, 2014
Newport News-based Huntington Ingalls Industries has acquired the S.M. Stoller Corp., a privately held consulting and engineering services firm.
The value of the deal was not disclosed. The company will become a wholly owned subsidiary of HII and will operate under its Newport News Shipbuilding division (NNS).
Stoller, based in Broomfield, Colo., has provided environmental and technical support to the U.S. government and nuclear power industry for more than 50 years. Its customers include the U.S. Department of Energy (DOE) and Department of Defense.
"With this strategic acquisition, Newport News Shipbuilding is positioned for expanded growth within the DOE, environmental management and commercial nuclear services markets," Matt Mulheri, Huntington Ingalls corporate vice president and NNS president, said in a statement.
Stoller’s services range from complex multi-year remediation projects to short-term evaluations of local groundwater quality in anticipation of commercial construction. The company has 18 offices nationwide and performs work in 29 states.
NNS is the nation's sole designer, builder and refueler of nuclear-powered aircraft carriers. It also is one of only two shipyards that designs and builds nuclear-powered submarines.
The division recently expanded its nuclear and manufacturing expertise into Department of Energy and alternative energy business ventures.