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Overview
Huntington Ingalls Industries (HII) stands as America’s largest independent military shipbuilder with a storied legacy spanning more than a century. Renowned for its robust engineering and uncompromising quality in naval construction, HII delivers advanced shipbuilding, defense systems, and military engineering solutions. The company excels in constructing both nuclear and non-nuclear vessels, seamlessly integrating traditional shipbuilding with modern digital manufacturing methods and state-of-the-art technology.
Core Business Areas and Operations
HII operates through several well-defined segments that underscore its diverse capabilities:
- Naval Shipbuilding: With its two established divisions – the Newport News Shipbuilding and Ingalls Shipbuilding yards – HII builds an extensive array of ships. Newport News focuses on nuclear-powered vessels, including aircraft carriers and submarines, and is the sole producer of key classes like the Gerald Ford-class carriers. Ingalls Shipbuilding produces a variety of non-nuclear platforms including amphibious assault ships and destroyers.
- Mission Technologies: This segment leverages HII's engineering expertise to develop advanced unmanned systems, cyber capabilities, and IT solutions. Its innovations extend to autonomous sea vessels, advanced coatings for aerospace applications, and next-generation navigation and autonomy technologies for U.S. government agencies.
- Manufacturing and Engineering Services: In addition to shipbuilding, HII provides critical manufacturing, management, and engineering services to sectors such as nuclear energy, oil, and gas. Its capacity to innovate in material sciences and advanced production techniques demonstrates a commitment to operational excellence and technological advancement.
Technological Innovation and Capabilities
Key to HII’s success is its relentless pursuit of technological innovation. The company harnesses digital design, visual work instructions on modern computing devices, and cutting-edge manufacturing techniques to improve efficiency and precision. For example, its Mission Technologies division has propelled advancements in unmanned underwater vehicles (UUVs) and autonomous navigation systems, underlining its agility in addressing diverse defense challenges.
The company also invests in specialized labs and facilities dedicated to R&D, such as advanced materials and coatings laboratories that enhance the durability and performance of aerospace and naval assets. Through these initiatives, HII consistently integrates emerging technologies like artificial intelligence (AI), machine learning, robotics, and Big Data analytics, ensuring that its solutions remain at the forefront of military and defense innovation.
Market Position and Competitive Landscape
HII holds a distinctive place in the defense and industrial manufacturing sectors. Its unmatched experience in constructing sophisticated military vessels gives it a competitive edge in a domain that demands high precision and adherence to rigorous standards. By combining heritage with innovation, HII not only supports current national security initiatives but also reinforces the U.S. Navy’s fleet capabilities through its diversified portfolio of products and services.
Strategic partnerships, long-term contracts with the U.S. government, and its ability to integrate novel technological solutions have cemented its reputation among defense contractors. While competitors exist in specialized segments such as submarine construction or unmanned systems, HII’s comprehensive expertise across multiple high-stakes domains sets it apart as a powerhouse of industrial and military engineering.
Operational Excellence and Legacy
From its inception, HII has built more ships in various classes than any other U.S. naval shipbuilder. The company’s operational excellence is underpinned by decades of experience, a proven track record in innovative ship design, and an unwavering commitment towards national defense. Its production processes leverage a blend of traditional craftsmanship and modern technological tools, ensuring high-quality outcomes even under the most demanding circumstances.
HII’s legacy is not just measured in vessels launched but also in its continuous adaptation to new challenges. Whether it is through pioneering digital construction techniques or integrating advanced materials for enhanced performance in harsh environments, HII demonstrates a level of expertise that is indispensable in today’s rapidly evolving defense landscape.
Commitment to Quality and Expertise
At its core, HII’s mission is to deliver powerful, reliable, and innovative solutions that empower U.S. national security. The company’s emphasis on quality is evident in every phase of its operations – from initial design and engineering to unparalleled manufacturing and after-market services. Its integrated approach and precision-driven processes underscore a deep commitment to excellence, making it a trusted partner in defense and industrial manufacturing.
Summary
In summary, Huntington Ingalls Industries is not just a shipbuilder but a multifaceted industrial giant that propels the U.S. Navy forward by delivering cutting-edge technological solutions and world-class engineering services. Its extensive portfolio in military shipbuilding, coupled with advanced capabilities in unmanned systems and digital transformation, embodies a legacy of innovation and steadfast commitment to national security. By continuously embracing new technologies and honing its expertise, HII remains a cornerstone of the defense industry, committed to preserving and enhancing the capabilities of America’s armed forces.
Key Industry Keywords
Shipbuilding, Defense Systems, Military Engineering.
HII (NYSE:HII) will announce its Q1 2023 financial results on May 4, 2023, followed by a conference call at 9 a.m. Eastern Time. This event will be accessible through a live webcast on HII’s website. Key executives, including Chris Kastner (CEO) and Tom Stiehle (CFO), will lead the discussion supported by visual materials available online. As the largest military shipbuilder in the U.S., HII has over 135 years of history and a workforce of 43,000, providing a wide range of defense capabilities such as ships, unmanned systems, and AI solutions. The company aims to support U.S. national security and deliver optimal solutions for peace and freedom globally.
HII has successfully launched the Lenah Sutcliffe Higbee (DDG 123), the 34th Arleigh Burke-class destroyer built at its Ingalls Shipbuilding division. The commissioning is scheduled for next month in Key West, Florida, before the ship heads to its homeport in San Diego. This marks the final Flight IIA destroyer as the Navy transitions to the advanced Flight III class. The new design enhancements significantly improve capabilities. HII continues to produce upcoming Flight III ships, which will enhance the U.S. Navy's operational capabilities. This reflects HII's ongoing commitment to national defense and advanced maritime solutions.
HII (NYSE: HII) announced a $1.3 billion modification to a U.S. Navy contract for the construction of amphibious transport dock LPD 32. This brings the total contract value to $1.54 billion. The ship will be the 16th in the San Antonio class. Ingalls Shipbuilding received a $240 million advance procurement contract in June 2022, facilitating early construction activities. HII's Ingalls Shipbuilding is the sole builder of the San Antonio class, with three LPDs under construction, enhancing the Navy’s amphibious capabilities for crisis responses and humanitarian assistance. HII continues to be a leader in military shipbuilding.
HII (NYSE: HII) is set to launch a promotional campaign at the Navy League’s Sea-Air-Space Global Maritime Expo 2023, emphasizing its evolution and innovation in shipbuilding. The campaign encourages attendees to 'See Beyond' traditional shipbuilding methods and explore HII’s advancements in digital design, multi-domain solutions, and enhanced military capabilities, particularly in the Indo-Pacific region under the AUKUS partnership. The expo will feature presentations, demonstrations, and an interactive display showcasing HII’s commitment to improving efficiency and reducing costs in shipbuilding, while reinforcing its role as the nation’s largest shipbuilder.
HII (NYSE: HII) has appointed Julie Jarrell Gresham as vice president and chief counsel of Ingalls Shipbuilding, effective March 31, 2023. She succeeds George Simmerman Jr., who is retiring after 32 years. Gresham has previously held the position of deputy chief counsel and director of compliance and privacy.
Under her leadership, she will provide legal guidance to Ingalls Shipbuilding, reporting to Chad Boudreaux, HII’s executive vice president and chief legal officer. Gresham is recognized as a top lawyer with a strong community leadership profile in Mississippi.
HII’s Newport News Shipbuilding division will host commencement exercises for the class of 2022 graduates from The Newport News Shipbuilding Apprentice School on March 18, 2023, at 10 a.m. Virginia Gov. Glenn Youngkin will deliver the keynote address. The ceremony will be open to media attendance only and will be livestreamed. The school accepts over 200 apprentices annually, providing tuition-free training in 19 trades. Apprentices can earn degrees in partnership with local colleges. For media attendance, RSVP is required by noon on March 16.
HII (NYSE: HII) announced its Newport News Shipbuilding division has received certification to supply additive manufacturing components to Naval Sea Systems (NAVSEA). This approval allows for the use of 3D printing to create pipefittings and other parts for aircraft carriers and submarines. NNS aims to leverage this technology to improve efficiency and affordability in naval engineering. Since the initial delivery of a 3D-printed part in 2019, NNS has expanded its capabilities and is pursuing broader approvals for additive manufacturing. The new certification specifically covers stainless steel (316/316L) components.
On March 3, 2023, HII hosted Chief of Naval Operations Adm. Michael Gilday at its Newport News Shipbuilding division. During his visit, Gilday met with leadership, toured the shipyard, and received updates on the progress of the Columbia and Virginia-class submarines as well as three Gerald R. Ford-class aircraft carriers: John F. Kennedy, Enterprise, and Doris Miller. The shipyard emphasized its commitment to safety, innovation, and continuous improvement in delivering high-quality naval vessels. HII employs 25,000 people at this site and is the sole builder of nuclear-powered aircraft carriers and one of two shipyards for nuclear submarines in the U.S.