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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 ...
Ingalls Shipbuilding is a shipyard located in Pascagoula, Mississippi, United States, originally established in 1938, and now part of HII. It is a leading producer of ships for the United States Navy , and, as of 2023, is the largest private employer in Mississippi .
Today, Northrop Grumman is a $70 billion defense business worth five times its price 13 years ago. Huntington Ingalls stock has performed well too, but is up a bit less than 5x in value. Looked at ...
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. 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 ...
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 March 31, 2011, Northrop Grumman spun off its shipbuilding sector (including Ingalls Shipbuilding) into a new corporation, Huntington Ingalls Industries. Ships. NGSS was awarded the contract to construct the San Antonio-class amphibious transport dock (LPD) fleet; including USS New York, USS Arlington, and USS Somerset.
USS Enterprise (CVN-80) will be the third Gerald R. Ford -class aircraft carrier to be built for the United States Navy. [8] [9] She will be the ninth United States naval vessel and third aircraft carrier to bear the name, and is scheduled to be in operation by 2028. Her construction began in August 2017 with a steel-cutting ceremony.