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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 announced the appointment of Jennifer Childs as the new vice president of quality and engineering at its Ingalls Shipbuilding division, effective January 6, 2025. Childs, who has 17 years of experience at Ingalls and previously served as director of technical & design engineering, will succeed Brian Blanchette, who is becoming vice president of HII and president of Ingalls Shipbuilding.

In her new role, Childs will oversee quality programs, ship design, engineering, integrated logistics support, and planning yard engineering. As the current director of technical & design engineering, she has led teams responsible for designing, constructing, and testing advanced military ships for the Navy and the Coast Guard's national security cutter program.

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HII's Ingalls Shipbuilding division and the U.S. Department of Labor's Job Corps program hosted a successful two-day recruiting event that resulted in 68 job offers to students. Over 120 students from 20 states interviewed for positions in welding, electrical, and machining trades. The event began at the Mississippi Job Corps Center in Crystal Springs, followed by onboarding activities and shipyard tours at Ingalls for successful candidates.

The partnership leverages Job Corps' nationwide network of over 120 centers and 43 training pathways to develop talent pipelines for the shipbuilding industry. This collaboration aims to address the country's shipyard workforce needs while providing direct career opportunities for Job Corps students.

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HII christened the Virginia-class submarine Arkansas (SSN 800) at Newport News Shipbuilding division. The submarine's sponsors are six women from the historic Little Rock Nine, who were the first African American students to attend the previously all-white Central High School in Little Rock, Arkansas during desegregation in 1957.

Sponsor Carlotta Walls LaNier performed the traditional bottle-breaking ceremony. Secretary of the Navy Carlos Del Toro delivered the keynote address, emphasizing Arkansas's submarine force capabilities and its connection to its namesake's proud legacy.

Arkansas is the 27th Virginia-class submarine and the 13th to be delivered by Newport News Shipbuilding. The vessel features advanced capabilities including enhanced firepower, maneuverability, and stealth, contributing to the U.S. Navy's submarine force.

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HII's Ingalls Shipbuilding division has successfully undocked the USS Zumwalt (DDG 1000), marking a significant milestone in the ship's modernization process. The lead ship of the Navy's Zumwalt-class guided missile destroyers underwent substantial upgrades since August 2023, including the integration of the Conventional Prompt Strike (CPS) weapon system and replacement of its original twin 155mm Advanced Gun Systems with new missile tubes.

The Zumwalt-class destroyers are equipped with advanced features including an electric propulsion system, wave-piercing tumblehome hull, stealth design, and cutting-edge warfighting technology. These vessels are designed to perform various missions including deterrence, power projection, sea control, and command and control operations.

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HII (NYSE: HII) has secured a significant $6.7 billion contract to provide electronic warfare engineering and technical services support for the U.S. Air Force. This indefinite delivery/indefinite quantity contract marks the largest ever awarded to HII's Mission Technologies division. The contract, which was initially announced during HII's third quarter earnings call on October 31, 2024, will focus on electromagnetic spectrum and electronic warfare support services.

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HII (NYSE: HII) has announced a definitive agreement to acquire the assets of W International, a South Carolina-based complex metal fabricator specializing in shipbuilding structures. The Goose Creek facility will operate under HII's Newport News Shipbuilding division, supporting the construction of nuclear-powered submarine and aircraft carrier modules for U.S. Navy programs.

The acquisition includes advanced production facilities with state-of-the-art equipment on a 45-acre site featuring over 480,000 square feet of manufacturing space, with barge and rail access. The facility will be renamed Newport News Shipbuilding - Charleston Operations, with Matt Needy appointed as general manager. The transaction is expected to close in Q4 2024, subject to regulatory approvals and contractual modifications.

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HII's Newport News Shipbuilding division will christen the Virginia-class submarine Arkansas (SSN 800) on December 7. The event will be livestreamed at www.HII.com/SSN800. A media preview day is scheduled for December 6, offering opportunities to speak with NNS and Navy leadership, Arkansas shipbuilders, and the submarine's sponsors. Arkansas represents the 27th Virginia-class submarine, recognized as the world's most advanced attack submarine with enhanced firepower, maneuverability, and stealth capabilities. Newport News Shipbuilding is one of only two shipyards capable of designing and building nuclear-powered submarines for the U.S. Navy.

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HII's Ingalls Shipbuilding authenticated the keel of Arleigh Burke-class guided missile destroyer Sam Nunn (DDG 133). The ship, named after former U.S. Senator Samuel Augustus Nunn Jr., is the fifth Flight III destroyer under construction at Ingalls. The ceremony featured the ship's sponsor Michelle Nunn, who welded her initials onto a steel plate with her father and Ingalls Structural Welder Adam Lee. The Flight III destroyers include enhanced capabilities with AN/SPY-6(V)1 Air and Missile Defense Radar and Aegis Baseline 10 Combat System, designed to address 21st-century threats.

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HII's Newport News Shipbuilding division has been awarded the 2024 Governor's Volunteerism & Community Service Award by Virginia Gov. Glenn Youngkin. The division, which is the largest industrial employer in Virginia, was recognized for its community service initiatives. NNS shipbuilders contribute thousands of volunteer hours annually through various activities including American Red Cross blood drives, Virginia Peninsula Foodbank support, and Habitat for Humanity projects. Since 2002, they've helped build 21 homes. The division also runs STEM mentoring programs like GEMS and YEM, providing guidance to middle school students and offering career awareness programs for high school students in maritime careers.

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HII's Ingalls Shipbuilding division hosted Gen. Eric Smith, the 39th commandant of the U.S. Marine Corps, for his first visit since the Navy's announcement of the amphibious multi-ship procurement contract. The contract includes construction of three San Antonio-class amphibious ships (LPD 33-35) and the America-class ship Helmand Province (LHA 10). The shipyard currently has multiple vessels under construction, including Bougainville (LHA 8) and Harrisburg (LPD 30). To date, Ingalls has delivered 13 San Antonio-class ships and 15 large-deck amphibious ships to the U.S. Navy.

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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 $183.31 as of April 7, 2025.

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

The market cap of Huntington Ingalls Inds (HII) is approximately 7.5B.

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

7.50B
38.89M
0.72%
95.77%
6.47%
Aerospace & Defense
Ship & Boat Building & Repairing
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United States
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