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Newport News Shipbuilding ( NNS ), a division of Huntington Ingalls Industries, is the sole designer, builder, and refueler of aircraft carriers and one of two providers of submarines for the United States Navy. Founded as the Chesapeake Dry Dock and Construction Co. in 1886, Newport News Shipbuilding has built more than 800 ships, including ...
Huntington Ingalls Industries. Huntington Ingalls Industries, Inc. ( HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII, ranked No. 375 on the Fortune 500, was formed on 31 March 2011, as a divestiture from Northrop Grumman. [ 5][ 6]
In the 1950s, Ingalls started bidding on Navy work, winning a contract in 1957 to build 12 nuclear-powered attack submarines. Litton Industries acquired Ingalls in 1961, and in 1968, expanded its facilities to the other side of the river. Ingalls reached a high point of employment in 1977, with 27,280 workers.
Margins matter. The more Huntington Ingalls Industries (NYS: HII) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute ...
Like its Midwest neighbors, Columbus got its start as a major manufacturing hub in the early 20th century. To this day, Ohio is still home to much of the country’s manufacturing jobs, but over ...
So far in 2022, $110 million has gone into Columbus startups. Olive is now valued at over $4 billion and is among Columbus success stories like CoverMyMeds, a healthcare software company that was ...
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