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Huntington Ingalls Inds Inc - HII STOCK NEWS

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.

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

HII has appointed Donny Dorsey as vice president of operations at its Ingalls Shipbuilding division, effective immediately. Dorsey, who replaces George Jones ahead of his retirement on April 1, has been with the company since 2000, serving in various roles including ship program manager. Dorsey will oversee manufacturing operations and collaborate with union partners to enhance production strategies. His appointment aims to continue the legacy of strong execution and drive strategic innovation within the division.

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HII (NYSE:HII) has appointed Xavier Beale as vice president of human resources and trades at its Newport News Shipbuilding division, effective April 1. Beale will oversee human resources administration, employment, labor relations, and recruitment while retaining his prior responsibilities. He succeeds Susan Jacobs, who is now at HII’s Ingalls Shipbuilding division. As part of a strategic plan, the company aims to enhance hiring and retention alongside continuous learning and development. Additionally, Dave Horne has been promoted to senior director of trades, aiding in production trade execution.

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HII (NYSE:HII) announced that its Newport News Shipbuilding division has successfully negotiated a new labor contract with United Steelworkers, effective from March 7, 2022, until February 7, 2027. The agreement aims to provide competitive pay and benefits for union employees, ensuring the division remains competitive in the shipbuilding sector. Susan Jacobs, vice president of human resources, emphasized the importance of this agreement in continuing to meet the U.S. Navy's shipbuilding needs.

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HII (NYSE:HII) has completed its first contractor-owned, contractor-operated (COCO) air combat training mission with the U.S. Air Force in Europe. This significant event enhances training readiness for U.S. forces in Europe/Africa and was developed over 16 months in collaboration with European governments and regulations. The program offers a cost-effective option for the U.S. government while extending the service life of combat equipment. Partnering with Top Aces, HII provided advanced adversary air training, marking a milestone for contracted air support in the European theater.

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HII, a leader in engineering and defense technologies, has successfully completed the first planned incremental availability (PIA) for the USS Gerald R. Ford (CVN 78). This significant six-month modernization ensures the carrier is equipped with advanced technologies before its maiden deployment. The Ford is the first of its class to feature revolutionary systems aimed at enhancing the Navy's air capability. Three more Gerald R. Ford-class carriers are under construction, and mid-life overhauls for two Nimitz-class carriers are underway to extend their service life.

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HII (NYSE:HII) announced the promotion of Edmond Hughes to executive vice president and chief human resources officer, effective April 1, 2022, replacing retiring William Ermatinger. Hughes, previously vice president of human resources at Ingalls Shipbuilding, will oversee HII's HR strategy, including executive compensation, talent management, and diversity initiatives. Susan Jacobs will take over Hughes' role at Ingalls. This leadership change aims to enhance knowledge sharing within HII and ensure continuity in its HR functions, reinforcing HII's commitment to developing talent and fostering an inclusive workplace.

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On February 22, 2022, HII (NYSE:HII) celebrated the achievements of seven employees recognized for their contributions in STEM at the 36th annual Black Engineer of the Year Award STEM Global Competitiveness Conference. Notably, six employees were awarded the Modern Day Technology Leader award for their influence in engineering and technology. Thomasina Wright, director of programs at Newport News Shipbuilding, received the career achievement industry award. This acknowledgment underscores HII's commitment to innovation and its role in enhancing national security.

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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

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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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