HII has announced that Daniel Marks will be taking on the role of vice president of contracts and pricing at its Ingalls Shipbuilding division, succeeding Stephen Fitts. In this position, Marks will oversee contract administration, estimating and pricing, as well as export/import licensing and compliance for Ingalls. He will report directly to Keith Munn, Ingalls' vice president of business management and chief financial officer.
Marks brings a wealth of experience to the role, having started his career at HII in 2007 as an analyst in cost estimating. Over the years, he has held increasingly responsible positions, including cost estimating manager, finance manager, LPD business manager, and director of business management. Prior to joining Ingalls, Marks earned a bachelor's degree in business administration from Millsaps College and a master's in business administration from the University of Southern Mississippi.
With this appointment, HII is confident that Marks will provide expert leadership in managing contracts and pricing for the company. The transition comes as Stephen Fitts moves on to take over as vice president of supply chain management at Ingalls, succeeding Scott Weldon who retired after 25 years of service. This change highlights HII's commitment to promoting from within and developing its talent pool.
Marks' appointment is a testament to his dedication to the company and its mission. As he assumes this new role, Marks will be responsible for driving strategic growth and profitability for Ingalls. His expertise in cost estimating, finance, and business management will undoubtedly serve him well in this position.
With his extensive experience and education background, Marks is well-equipped to navigate the complexities of contracts and pricing in the shipbuilding industry. The appointment of Daniel Marks as vice president of contracts and pricing at Ingalls Shipbuilding marks an exciting development for HII, with implications for the company's future growth and success.
As a seasoned professional in the defense sector, Daniel Marks' appointment to this role is a significant step forward for HII. With his extensive experience in cost estimating, finance, and business management, Marks is well-positioned to drive strategic growth and profitability for Ingalls.
