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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

Huntington Ingalls Industries (NYSE:HII) appointed Chris Soong as the chief information officer for its Technical Solutions division, effective immediately. Soong will oversee all aspects of IT to align with the division's strategic goals and enhance cybersecurity measures. His extensive experience includes leadership roles at Fortune 500 companies and a prior CIO role at Alion Science and Technology. This appointment aims to strengthen HII's technological capabilities as it pursues new business opportunities, supporting the mission of national security.

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Huntington Ingalls Industries’ Ingalls Shipbuilding division successfully completed builder’s trials for the guided missile destroyer Frank E. Petersen Jr. (DDG 121) in the Gulf of Mexico. Over three days, the destroyer tested its combat systems, including missile firing, paving the way for a final trial before delivery. The project involves collaboration with the Navy and combat system managers. Currently, Ingalls has delivered 32 destroyers to the Navy, with four more under construction. DDG 121 honors U.S. Marine Corps' first African American aviator.

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Huntington Ingalls Industries (NYSE: HII) has announced new business groups and executive roles within its Technical Solutions division following its acquisition of Alion Science and Technology. The new groups include Intelligence, Surveillance and Reconnaissance (ISR), Live, Virtual and Constructive (LVC) Solutions, Cyber and Electronic Warfare (EW), and Fleet Sustainment. Key executive appointments have also been made to enhance leadership in technology, growth strategy, and customer solutions. HII operates as America’s largest military shipbuilding company, with approximately 44,000 employees.

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Huntington Ingalls Industries (NYSE: HII) has appointed Brooke Hart as executive vice president of communications, effective Sept. 27. Hart will succeed Jerri Dickseski, who retires after nearly 31 years with the company. Hart brings extensive communications experience, previously serving as vice president of communications at Sierra Nevada Corporation. She will oversee HII’s communications strategy, including external communications, media relations, and branding. HII is the largest military shipbuilding company in the U.S., employing around 44,000 people.

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Huntington Ingalls Industries (NYSE: HII) announced that Danny Hernandez will take over as corporate director of public affairs following Beci Brenton's retirement on Oct. 31. Hernandez, starting on Sept. 13, will manage media communications and public affairs strategies for HII, leveraging his nearly 30 years of experience in military communications. Brenton, who served since 2011, is credited with significantly shaping HII's corporate communication efforts. Hernandez’s prior roles include director of communications for the U.S. Navy, enhancing HII's strategic communications.

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On August 21, 2021, Huntington Ingalls Industries (NYSE: HII) celebrated the christening of the amphibious transport dock Fort Lauderdale (LPD 28) at its Ingalls Shipbuilding division in Pascagoula, Mississippi. The event was livestreamed due to COVID-19 restrictions. Ingalls Shipbuilding President Kari Wilkinson emphasized teamwork in shipbuilding, while key speakers such as Vice Adm. William Galinis highlighted the ship's strategic importance. Fort Lauderdale honors the city's historical ties to the Navy, dating back to the 1830s. HII remains a leading military shipbuilder in the U.S.

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Huntington Ingalls Industries (HII) will host virtual hiring events for various trades positions, including welders and pipe fitters, as part of its recruitment strategy. The upcoming event for fitters is scheduled for Sept. 8, 2021. New hires can receive sign-on bonuses of $500 for entry-level roles and $1,000 for experienced positions, with additional incentives for those holding active security clearances. Candidates must apply in advance to be considered for interviews during the events. HII aims to fill hundreds of positions before the year's end.

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Huntington Ingalls Industries (NYSE:HII) has completed its acquisition of Alion Science and Technology from Veritas Capital. This strategic move enhances HII's capabilities in advanced engineering and R&D services for the defense sector, particularly in areas like ISR, military training, and cyber analytics. Alion brings over 3,200 employees, with a significant majority holding security clearances. HII anticipates that this integration will strengthen its position in national security solutions, aligning with its strategic focus for growth.

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Huntington Ingalls Industries (HII) has successfully completed its offering of $1 billion in Senior Notes, comprising $400 million of 0.670% Notes due 2023 and $600 million of 2.043% Notes due 2028. The proceeds will be utilized for the acquisition of Alion Science and Technology. The Notes are direct and unsecured obligations of HII, guaranteed by its domestic subsidiaries. This offering is crucial for financing the Alion acquisition, which aims to enhance HII's service offerings in defense and technology sectors.

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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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