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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]
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 ...
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 ...
On 30 June 2016, Ingalls Shipbuilding signed a contract with US Navy to build the U.S. Navy's next large-deck amphibious-assault warship. The contract included planning, advanced engineering, and procurement of long-lead material, is just over $272 million. If options are exercised, the cumulative value of the contract would be $3.1 billion.
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 ...
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It was announced in September 2018 that the U.S. Navy awarded contracts for 10 new Arleigh Burke-class destroyers from General Dynamics Bath Iron Works and Huntington Ingalls Industries. [43] Former U.S. Secretary of Defense General Jim Mattis re-joined the company's board of directors in August 2019. He had previously served on the board, but ...
In a weak week for the Dow, shares of America's second-biggest warship-builder, Huntington Ingalls , largely dodged the downturn. Indeed, Huntington Ingalls shares ended the week up 1.2%, despite ...