Daniel Marks named VP contracts and pricing at Ingalls

HII (NYSE: HII) reports that Daniel Marks has been appointed vice president of contracts and pricing at its Ingalls Shipbuilding division. He succeeds Stephen Fitts, who has been appointed vice president of supply chain management at Ingalls, succeeding Scott Weldon who retired at the end of December 2025 after 25 years with the company.

Marks will be responsible for contract administration, estimating and pricing, and export/import licensing and compliance for Ingalls. He will report to Keith Munn, Ingalls vice president of business management and chief financial officer.

Marks began his career at HII in 2007 as an analyst in cost estimating. Since then, he has held positions of increasing responsibility, including cost estimating manager, finance manager, LPD business manager and director of business management

“Daniel has played a pivotal role in several key business transactions over the course of his career, demonstrating his outstanding business acumen and unwavering commitment to advancing our company’s success,” Munn said. “His leadership and experience make him exceptionally well-suited for this critical role, and I am confident he will build upon the strong foundation established under Stephen’s leadership, ensuring we continue to deliver value to our Navy customer.”

Marks holds a bachelor’s degree in business administration from Millsaps College and a master’s in business administration from the University of Southern Mississippi.

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