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Huntington Ingalls Industries (HII) is America's largest military shipbuilder, delivering advanced naval defense systems and mission technologies. This page provides investors and industry professionals with verified updates on corporate developments shaping national security markets.
Access official press releases, earnings reports, and analysis of defense contracts. Track naval engineering milestones, government partnerships, and innovations from HII's Mission Technologies division through curated updates sourced directly from company communications.
Key updates include quarterly financial results, vessel delivery announcements, cybersecurity advancements, and Department of Defense procurement awards. All content adheres to financial disclosure standards for reliable decision-making.
Bookmark this page to monitor HII's strategic initiatives in military shipbuilding and unmanned systems through a single authoritative channel.
HII (NYSE: HII) hosted HD Hyundai Heavy Industries (HHI) leaders at its Ingalls Shipbuilding division, furthering the objectives of their recently signed memorandum of understanding. The visit, led by Ingalls Shipbuilding President Brian Blanchette, focused on identifying near-term opportunities and exploring new processes to accelerate ship production.
During the visit, HHI executives toured the shipyard and the new virtual welding lab, experiencing how this immersive training environment enhances shipbuilder skills and sets national benchmarks for workforce development. Won-ho Joo, Chief Executive of Naval & Special Ship at HHI, expressed appreciation for witnessing HII's technological implementations for efficiency and quality improvements.
This strategic partnership between two of the world's leading shipbuilders aims to advance technological innovation, maximize production efficiency, and strengthen the global defense industry through combined expertise and resources.
HII (NYSE: HII) has been recognized for the second consecutive year as one of the top companies in the nation for employee well-being by Business Group on Health. The company is among 53 organizations awarded the 2025 Best Employers: Excellence in Health & Well-being Award.
The recognition highlights HII's comprehensive benefits and initiatives, particularly in areas of mental health and health equity. Edmond Hughes, HII's executive vice president and chief human resources officer, emphasized the company's dedication to providing best-in-class benefits supporting employees' physical, financial, and emotional well-being.
The award, celebrating its 20th year, was announced in Nashville, Tennessee. HII stood out as one of only three defense contractors honored among a diverse group of industries and geographies. The recognition underscores HII's continued commitment to employee welfare and innovative workplace practices.
HII (NYSE: HII) welcomed Secretary of the Navy John Phelan for his first visit to Newport News Shipbuilding (NNS) division since his March confirmation. During the visit, Phelan toured the shipyard's facilities, focusing on nuclear-powered submarines and aircraft carriers construction.
The tour showcased the construction progress of multiple vessels, including the Enterprise (CVN 80) in dry dock and John F. Kennedy (CVN 79) undergoing final outfitting. Phelan observed the serial-module-production for both Columbia- and Virginia-class submarines, and participated in electromagnetic aircraft launch system (EMALS) testing on Kennedy.
The visit was joined by Virginia Gov. Glenn Youngkin and Representatives Bobby Scott, Rob Wittman, and John McGuire. NNS, with over 26,000 employees, stands as Virginia's largest industrial employer and is one of only two shipyards capable of designing and building nuclear-powered submarines for the U.S. Navy.
HII (NYSE: HII) announced that Esteban Jimenez from its Mission Technologies division has been elected to the executive committee of the Information Warfare Research Project (IWRP) Consortium. The IWRP focuses on developing technologies for information warfare to enhance U.S. Navy and Marine Corps effectiveness.
The consortium's key technology areas include:
- Artificial Intelligence/Machine Learning
- Assured Command and Control
- Autonomy
- Cloud Computing
- Cyber Warfare
- Data Science/Analytics
- Electromagnetic Spectrum
Jimenez, previously an intelligence officer and cyberspace operations planner for the U.S. Marine Corps, brings experience from roles at U.S. Special Operations Command, U.S. Cyber Command's Joint Task Force ARES, and Marine Corps Forces Cyberspace Command.
HII has recognized five Australian companies at Sea Air Space 2025 Expo, marking a significant step in AUKUS industrial integration. The companies - Century Engineering, MacTaggart Scott Australia, Hofmann Engineering, Levett Engineering, and VEEM - received Newport News Shipbuilding supplier identification numbers after participating in HII-led supplier development initiatives.
These initiatives are part of the Australian Submarine Supplier Qualification (AUSSQ) program announced by Deputy Prime Minister Richard Marles on March 6, 2025. The certification enables these companies to participate in the nuclear-powered submarine construction supply chain, supporting the trilateral security partnership between Australia, the United Kingdom, and the United States.
HII (NYSE: HII) has announced it will release its first quarter 2025 financial results on Thursday, May 1, followed by an earnings conference call at 9 a.m. Eastern time. The event will feature presentations from Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and CFO.
The conference call will be accompanied by a slide presentation and will be accessible via webcast on the company's website. A replay of the call will be available on HII's website for a time.
HII (NYSE: HII) and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to explore collaborative opportunities in defense and commercial shipbuilding projects. The agreement was signed at Sea Air Space expo by HII's Executive VP Brian Blanchette and HHI's Naval & Special Ship Business Unit CEO Won-ho Joo.
The strategic partnership aims to:
- Accelerate ship production and delivery
- Advance technological innovation
- Maximize production efficiency
- Strengthen the global defense industry
The collaboration is designed to increase the maritime industrial base strength of both the United States and South Korea through shared expertise and best practices.
HII (NYSE: HII) has delivered the first two Lionfish small uncrewed undersea vehicles (SUUVs) to the U.S. Navy, marking a significant milestone in a program that could expand to 200 vehicles with a potential value exceeding $347 million.
The Lionfish, based on HII's REMUS 300 platform, is the first cyber-compliant uncrewed underwater vehicle, designed for multi-mission capabilities including mine countermeasures, intelligence, surveillance, reconnaissance, anti-submarine warfare, and electronic warfare. The program represents the Navy's first transition from an other transaction prototype to full-scale production.
Production is ongoing at HII's Uncrewed Systems facility in Pocasset. The REMUS platform has demonstrated success with over 700 vehicles sold to more than 30 countries, including 14 NATO members, with over 90% of units delivered in the past 23 years still in service.
HII's (NYSE: HII) Ingalls Shipbuilding division hosted its second annual Scouts merit badge day at the Ingalls Maritime Training Academy, welcoming over 80 Scouts from multiple states including Mississippi, Alabama, Kentucky, and Tennessee.
During the event, Scouts participated in nine different merit badge courses including communications, electricity, electronics, engineering, fire safety, first aid, painting, personal management, and plumbing. Each Scout earned two merit badges by day's end, guided by Ingalls employees who are former Scouts or active Scout leaders.
As Mississippi's largest manufacturing employer with over 11,000 employees, Ingalls Shipbuilding demonstrates its commitment to developing future skilled professionals through educational and career development initiatives like this merit badge program.
HII (NYSE: HII) hosted U.S. Marine Corps Lt. Gen. Eric Austin and other officials at its Ingalls Shipbuilding division, showcasing amphibious warships under construction. The visit included tours of Bougainville (LHA 8) and Harrisburg (LPD 30).
Ingalls currently has multiple vessels under construction: two LHA class ships (Bougainville and Fallujah) and three Flight II LPDs (Harrisburg, Pittsburgh, and Philadelphia). The company secured significant contracts in September 2024, including the construction of three San Antonio-class amphibious transport dock ships (LPD 33, 34, and 35) and the fifth America-class amphibious assault ship, Helmand Province (LHA 10).