HII amends Code of Ethics effective Jan 1, 2024; raises gift threshold to $100

HUNTINGTON INGALLS INDUSTRIES, INC.

Board approved amendments effective Jan 1, 2024, including updated CEO letter and added mission statement.
Gift, entertainment and hospitality threshold from suppliers raised from $20 to $100.
Added controlled information to assets employees must protect; updated EAP reference to HERO.
Clarified restrictive trade/boycott rules to include contractual clauses promoting boycott activity.
Terminology updated from Business Courtesies and Gratuities to Gifts, Entertainment and Hospitality (GEH).

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

HUNTINGTON INGALLS INDUSTRIES, INC.: Amendments to the Code of Ethics and Business Conduct, effective January 1, 2024, updating various sections including CEO letter, mission statement, security, ethical decision-making, substance abuse, restrictive trade/boycotts, supplier gifts limit, and terminology changes (effective 2024-01-01).

Change: code of ethics
Effective: 2024-01-01

Exact text from the filing

On December 15, 2023, the board of directors of Huntington Ingalls Industries, Inc. (the “Company”) approved amendments (the “Amendments”), effective January 1, 2024, to the Company’s Code of Ethics and Business Conduct (the “Code of Ethics”).

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HUNTINGTON INGALLS INDUSTRIES, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-298357

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