Welcome to our dedicated page for Huntington Ingalls Inds news (Ticker: HII), a resource for investors and traders seeking the latest updates and insights on Huntington Ingalls Inds stock.
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) has secured a $133 million contract from the U.S. Air National Guard to enhance military readiness through live, virtual, and constructive training. The 10-year task order focuses on providing expertise and staffing for distributed mission operations at the Distributed Training Operations Center (DTOC) in Des Moines.
The DTOC, operated by the 132d Combat Training Squadron, connects over 90 simulation sites nationwide for total and joint forces training. HII's Mission Technologies division will implement the Joint Simulation Bus software interface and utilize their DMO test tools to modernize the DTOC's gateway connection.
The work will primarily be conducted in Des Moines, Iowa, supporting Air National Guard pilot training and joint forces training opportunities.
New York Life, America's largest mutual life insurer, has appointed Christopher D. Kastner to its board of directors, where he will serve on the Audit and Investment committees. Kastner, who currently serves as president and CEO of Huntington Ingalls Industries (NYSE: HII), brings extensive operational and financial expertise to the role.
Kastner assumed his current position at HII in March 2022, following previous roles as executive vice president, chief operating officer, and chief financial officer. His experience includes leadership of HII's Ingalls Shipbuilding division as CFO and over two decades at Northrop Grumman before joining HII during its 2011 spin-off. Kastner holds a bachelor's degree in political science from UC Santa Barbara and an MBA from Pepperdine University.
HII celebrated the graduation of 77 students from The Newport News Shipbuilding Apprentice School in a ceremony held at Liberty Live Church in Hampton. Virginia State Sen. Louise Lucas delivered the keynote address, while NNS President Kari Wilkinson recognized the graduates as the shipyard's newest leaders.
Notable achievements of the 2024 class include:
- 20 graduates completed advanced programs with associate or bachelor's degrees
- 41 earned Associate of Applied Science degrees in maritime technology
- 36 graduates earned honors
- 8 graduates achieved perfect 4.0 GPAs
The Apprentice School, founded in 1919 and accredited since 1982, offers tuition-free 4-8 year apprenticeships in 19 trades and 7 optional programs. Travis Johnson, who received the Homer L. Ferguson Award for highest academic and craft grades, now serves as a pipefitting instructor at the school. The program accepts over 200 apprentices annually, providing paid 40-hour work weeks including academic class time.
HII's Ingalls Shipbuilding has successfully launched the future USS Jeremiah Denton (DDG 129), marking a significant milestone as the third Flight III Arleigh Burke-class destroyer built at their shipyard. The vessel was transferred from land to dry dock using translation railcars before being floated and moved to a pier.
The destroyer, named after Vietnam War veteran and former U.S. Senator Jeremiah Denton Jr., features advanced capabilities including the AN/SPY-6(V)1 Air and Missile Defense Radar (AMDR) and Aegis Baseline 10 Combat System. These systems are designed to address 21st-century threats.
Currently, Ingalls Shipbuilding has five Flight III destroyers under construction: Ted Stevens (DDG 128), Jeremiah Denton (DDG 129), George M. Neal (DDG 131), Sam Nunn (DDG 133), and Thad Cochran (DDG 135).
The Newport News Shipbuilding Apprentice School has announced its upcoming commencement ceremony for the class of 2024. Due to information in the provided press release, specific details about the ceremony's date, location, number of graduates, or program specifics cannot be confirmed.
HII (NYSE: HII) has achieved a significant milestone by selling over 700 REMUS uncrewed underwater vehicles (UUVs) globally, reinforcing its position as the world's largest producer. The REMUS platform, deployed in over 30 countries including 14 NATO members, demonstrates remarkable durability with over 90% of vehicles delivered in the past 23 years still operational.
HII is currently manufacturing small uncrewed undersea vehicles (SUUVs) for the U.S. Navy's Lionfish System program, a contract potentially valued at over $347 million for up to 200 vehicles over five years. The REMUS 300 was selected as the U.S. Navy's next-generation SUUV in early 2022.
These autonomous systems support critical naval operations including intelligence, surveillance, reconnaissance, mine countermeasures, and anti-submarine warfare. REMUS UUVs have been actively deployed in various environments, from mine clearance in the Persian Gulf to NATO exercises in the North Sea and undersea surveillance in the Indo-Pacific.
HII (NYSE: HII) and its Newport News Shipbuilding division celebrated the dedication of their 22nd Habitat for Humanity home on March 24, 2025. The three-bedroom, 1,200-square-foot home, located in Newport News' Southeast community, was built by shipyard volunteers in collaboration with Habitat for Humanity Peninsula and Greater Williamsburg.
The home was dedicated in memory of Jim Cochran, a retired shipbuilder with over 40 years of service and longtime Habitat volunteer. The homebuyer, Chaneka, will purchase the home through a 30-year, no-interest mortgage, following Habitat's 'hand up, not hand out' philosophy. The mortgage payments will be reinvested to build more homes for qualifying families.
HII (NYSE: HII) announced that its Mission Technologies division has been selected to develop a High-Energy Laser (HEL) weapon system for the U.S. Army's Rapid Capabilities and Critical Technologies Office (RCCTO). The prototype will be designed to detect, track, and eliminate Groups 1-3 Unmanned Aircraft Systems (UAS) in multi-domain operations.
The system features versatile deployment options, supporting both fixed-site defense and Army vehicle integration. The project emphasizes a Modular Open Systems Approach architecture, focusing on interoperability, affordability, and scalability. Following field testing for safety and operational suitability, successful demonstration could lead to low-rate initial production through the Army's Program Executive Office for Missiles and Space.
HII's Ingalls Shipbuilding celebrated its latest apprentice graduation ceremony at their Pascagoula shipyard on March 22, 2025. The event marked the completion of a rigorous three-to-four-year program that combines classroom instruction with practical shipbuilding experience.
President Brian Blanchette commended the graduates for their dedication to the company's shipbuilding legacy. The program, established in 1952, has produced over 4,000 graduates and currently enrolls more than 600 students across 15 Department of Labor-registered apprentice programs.
Cody Gildea was named Overall Apprentice of the Year for his work as an outside machinist. The program offers competitive wages and comprehensive benefits while providing hands-on training in various shipbuilding crafts. As Mississippi's largest manufacturing employer, Ingalls has been building and maintaining vessels for the U.S. Navy and Coast Guard for over 85 years.
HII (NYSE: HII) has secured a significant $147 million contract through its Mission Technologies division to provide comprehensive shipboard and shore-based combat training services for the U.S. Navy. The five-year task order, awarded under the SeaPort Next Generation contract vehicle, involves supporting the U.S. Naval Surface Warfare Center Dahlgren Division, Dam Neck Activity (NSWCDD DNA).
The scope encompasses engineering support for training systems, including hardware and software installation, system certification, testing, troubleshooting, repair, and lifecycle sustainment. Work will be executed across multiple locations both in the United States and overseas, supporting U.S. naval fleet operations worldwide.
