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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) has secured two significant contracts from the Naval Air Warfare Center China Lake. The first is an IDIQ contract for aircrew electronic warfare training, valued at $249 million, while the second focuses on tactical integrated threat systems, worth $92 million. Both contracts span five years, allowing HII to bid on various tasks like research, engineering, and cybersecurity for U.S. Navy systems. HII has a strong legacy in aviation training and is recognized for its advanced technology and support in military training missions.
HII (NYSE:HII) announced the successful launch of the Virginia-class submarine New Jersey (SSN 796) into the James River at its Newport News Shipbuilding division. This 7,800-ton submarine, which is 92% complete, was moved to the submarine pier for final outfitting and testing after being in a floating dry dock. The construction involved approximately 10,000 shipbuilders and suppliers since 2016, contributing to its critical capabilities in maintaining U.S. undersea superiority. HII continues to lead in all-domain defense technologies.
HII (NYSE:HII) announced the promotion of Stephen Fitts to vice president of contracts and pricing at its Ingalls Shipbuilding division, succeeding Eric Crooker. Fitts, who started his career with HII in 2013, previously served as director of contract administration, where he managed a significant backlog of contracts, including U.S. Coast Guard ships and guided missile destroyers. He will oversee contracts, estimating, pricing, and export/import compliance, reporting to Keith Munn.
This leadership change aims to strengthen contract administration and compliance in support of HII's growth in the defense sector.
HII (NYSE:HII) has announced the appointment of Todd Corillo as manager of media relations for its Newport News Shipbuilding division, effective May 9. Corillo, a former Norfolk television anchor, will oversee media communications, focusing on the division's programs and community relations. Brooke Hart, HII's EVP of communications, praised Corillo's media expertise and existing relationships with local media and the Navy. HII, a leader in shipbuilding and defense technology, has a workforce of 44,000 and provides critical capabilities for U.S. national security.
HII (NYSE:HII) has appointed Kimberly Aguillard as manager of media relations, enhancing its corporate communications team. Aguillard will act as the spokesperson for Ingalls Shipbuilding, focusing on community engagement and media relations. She brings extensive experience from her previous role at the Mississippi State Port Authority. HII emphasizes its commitment to national security through innovative defense solutions, backed by a workforce of 44,000 and a legacy of 135 years in shipbuilding. This strategic hire aims to strengthen HII's community ties and communication effectiveness.
HII (NYSE:HII) hosted U.S. Representatives Rob Wittman, Mike Gallagher, and Trent Kelly for a demonstration at Ingalls Shipbuilding, showcasing production capabilities. This visit aligns with the lawmakers' consideration of the National Defense Authorization Act for fiscal year 2023. Ingalls Shipbuilding President Kari Wilkinson emphasized the shipyard’s modernization and commitment to support Navy and Marine Corps needs. Wittman highlighted the importance of maintaining resources for amphibious vessels like Fort Lauderdale and Jack H. Lucas to enhance U.S. naval capabilities.
HII (NYSE: HII) has appointed Henry Choi as vice president of business development for its Mission Technologies division, focusing on cyber, electronic warfare (EW), and space. Choi brings over 30 years of expertise in national security, covering strategic planning and business development. His addition aims to bolster HII's growth in addressing global security threats. Grant Hagen, president of the division, emphasized the importance of having the right talent to enhance mission-critical national security solutions as HII expands its capabilities.
On April 8, 2022, the Frank E. Petersen Jr. (DDG 121), an Arleigh Burke-class guided-missile destroyer, departed from HII’s Ingalls Shipbuilding in Pascagoula, Mississippi. It is set to be commissioned in Charleston, South Carolina, before heading to its homeport in Hawaii. This destroyer, the 33rd built for the U.S. Navy by Ingalls, highlights the shipyard's capabilities despite pandemic challenges. HII continues to advance U.S. national security through innovative shipbuilding and support to the Navy, with five additional destroyers currently under construction.
HII (NYSE:HII) has scheduled its first quarter 2022 financial results release for May 5, 2022, followed by an earnings conference call at 9 a.m. Eastern Time. The call will be accessible via HII’s website, with a replay available for a limited time. HII, based in Newport News, Virginia, is the largest shipbuilder in the U.S. and offers a range of defense and technology solutions. The company employs 44,000 personnel and has a 135-year history in supporting U.S. national security.
HII (NYSE:HII) has launched Odyssey™, a suite of advanced autonomy solutions aimed at transforming vessels into intelligent robotic platforms. Odyssey enhances multi-vehicle collaborative autonomy, health monitoring, and sensor fusion, integrating with various unmanned systems. The technology has been tested for over 6,000 hours on 23 vessel types and supports operations across different domains, including maritime and ground vehicles. Notably, the U.S. Navy selected the REMUS 300 for its next-generation Small Unmanned Underwater Vehicle program.
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