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Huntington Ingalls Inds Inc - HII STOCK NEWS

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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.

Rhea-AI Summary

On December 15, 2022, HII's Ingalls Shipbuilding division officially began the fabrication of the U.S. Navy's latest Arleigh Burke-class destroyer, Sam Nunn (DDG 133). This milestone marks the transition into the ship's construction phase, with the initial 100 tons of steel already cut. John Fillmore, the DDG 51 program manager, emphasized the pride shipbuilders take in their work and the collaborative efforts with Navy partners. The Sam Nunn will enhance naval capabilities, executing air, surface, and subsurface operations, well-aligned with military strategies.

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On December 12, 2022, HII’s Ingalls Shipbuilding hosted U.S. Marine Corps Commandant Gen. David H. Berger, showcasing their shipbuilding capabilities. The tour included amphibious ships like Bougainville (LHA 8) and Richard M. McCool Jr. (LPD 29). Ingalls has delivered 12 San Antonio-class ships and is constructing three more. Recent investments near $1 billion in infrastructure aim to enhance shipbuilding efficiency, while the facility supports over 700 suppliers across 49 states, solidifying Ingalls as a key player in naval ship production.

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HII (NYSE: HII) has appointed Leo Denault, former CEO of Entergy, to its board of directors, effective December 5, 2022. Denault brings over 40 years of experience in the power industry, having held key positions at Entergy and Cinergy. His leadership at Entergy transformed it into a leading utility focusing on clean energy. The addition of Denault is expected to enhance HII's strategic direction, particularly in nuclear and electrical power sectors. HII is recognized for its role in building naval vessels and supporting national security through energy management.

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HII’s Ingalls Shipbuilding division has successfully delivered the Lenah Sutcliffe Higbee (DDG 123), an Arleigh Burke-class guided missile destroyer, to the U.S. Navy. This marks the official handover of the ship, which is the 34th destroyer of its class from Ingalls. The ship will be the last Flight IIA destroyer built at Ingalls as the Navy transitions to Flight III models. The Lenah Sutcliffe Higbee is named after a World War I Navy nurse and first female Navy Cross recipient, reflecting her legacy with the motto: Bellatrix illa, meaning "she is a warrior."

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On November 19, 2022, HII hosted a keel authentication ceremony for the Virginia-class submarine Arkansas (SSN 800) at its Newport News Shipbuilding division. The submarine is sponsored by the Little Rock Nine, a group of African American students pivotal in U.S. desegregation history. NNS President Jennifer Boykin highlighted the inspirational legacy of the sponsors and the ship's advanced capabilities. The Arkansas will enhance naval warfare with improved firepower and stealth, and follows the successful launches of USS Montana and New Jersey.

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HII's Newport News Shipbuilding division is set to host a ceremonial keel authentication for the Virginia-class submarine Arkansas (SSN 800) on November 19, 2022. Media can preview the ceremony on November 18. The event will honor the Little Rock Nine, who are the submarine's sponsors, recognized for their role in desegregation.

The ceremony will be livestreamed, accessible via www.HII.com/SSN800. Arkansas is the 27th in its class, enhancing Navy capabilities with advanced technologies.

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HII's Mission Technologies division has secured a $70 million task order contract from the U.S. Air Force. The contract focuses on technical analysis and enhancement recommendations for the Air Force Research Laboratory (AFRL), supporting the Department of Defense’s AI/machine learning and cybersecurity initiatives. The collaboration includes strategic planning, system engineering, data analytics, and cloud technology solutions, continuing HII's support since 2017. This contract was awarded under the Defense Information Analysis Center's multiple-award contract vehicle.

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On November 5, HII's Mission Technologies division conducted its annual Global Day of Caring, involving over 300 employees and family members in community service projects across multiple states and South Korea. Activities included food drives, educational support, and clean-up efforts. President Andy Green emphasized the importance of connecting with local communities through service. The initiative underscores HII's commitment to supporting the areas where its workforce lives and works, alongside ongoing community service efforts in the coming weeks.

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HII Launches REMUS 620 UUV

On November 7, 2022, HII's Mission Technologies division announced the release of the new REMUS 620 unmanned underwater vehicle (UUV). This medium-class UUV boasts a battery life of up to 110 hours and a range of 275 nautical miles, optimized for a variety of missions including mine countermeasures and surveillance. The REMUS 620 features a modular design for payload integration and advanced autonomy capabilities through HII's Odyssey™ software. With extensive operational versatility, the REMUS 620 can be deployed from various platforms, enhancing naval capabilities worldwide.

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HII will host a briefing on Nov. 7, 2022, at 10:30 a.m. ET, led by Duane Fotheringham, president of Mission Technologies’ Unmanned Systems group. The session will present a new design of a medium-sized unmanned underwater vehicle (UUV). This event is exclusive to journalists and details regarding the conference call will be shared upon RSVP. HII is a major defense contractor known for building advanced naval technologies and has a significant workforce of 43,000.

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FAQ

What is the current stock price of Huntington Ingalls Inds (HII)?

The current stock price of Huntington Ingalls Inds (HII) is $195.97 as of March 7, 2025.

What is the market cap of Huntington Ingalls Inds (HII)?

The market cap of Huntington Ingalls Inds (HII) is approximately 7.6B.

What does Huntington Ingalls Industries specialize in?

HII specializes in military shipbuilding and advanced defense systems. It constructs both nuclear and non-nuclear naval vessels and also provides mission technologies including unmanned systems and cybersecurity.

What are the core divisions of HII?

HII operates primarily through its Newport News Shipbuilding and Ingalls Shipbuilding divisions for vessel construction, along with a Mission Technologies segment that focuses on IT, unmanned systems, and advanced engineering services.

How does HII maintain its technological edge?

HII invests in advanced research and development, leveraging digital design, modern manufacturing techniques, and specialized labs. Its continuous innovations in unmanned systems and digital construction help sustain its competitive advantage.

Who are HII’s primary customers?

HII primarily serves the U.S. Navy and defense-related government agencies. Its projects support national security initiatives and advanced military operations through long-term government contracts.

What are some of the key technologies HII employs?

Key technologies include nuclear propulsion for shipbuilding, autonomous unmanned systems, advanced materials and coatings for aerospace, as well as integrated IT and cyber solutions for defense applications.

How does HII differentiate itself from its competitors?

HII differentiates itself through its extensive legacy, comprehensive range of services, and continuous innovation across multiple sectors of defense manufacturing. Its dual focus on both nuclear and non-nuclear ships along with mission technologies makes its approach unique.
Huntington Ingalls Inds Inc

NYSE:HII

HII Rankings

HII Stock Data

7.59B
38.65M
0.63%
95.31%
3.03%
Aerospace & Defense
Ship & Boat Building & Repairing
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United States
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