Huntington Ingalls names new CFO

Huntington Ingalls said Friday its board has elected Christopher Kastner to succeed Barbara Niland as the company's chief financial officer, effective March 1.

Niland is set to retire.

Kastner currently serves as corporate vice president and general manager of corporate development. He has also previously served as CFO for HII's Ingalls Shipbuilding division and was CFO for Northrop Grumman Shipbuilding-Gulf Coast.

He started his career at Northrop -- which later spun off Huntington Ingalls -- working on the B-2 program, Huntington Ingalls said.