# Huntington Ingalls Industries

**Source:** https://geo.sig.ai/brands/huntington-ingalls-industries  
**Vertical:** Manufacturing  
**Subcategory:** Enterprise  
**Tier:** Leader  
**Website:** huntington-ingalls-industries.com  
**Last Updated:** 2026-04-14

## Summary

Newport News VA nuclear shipbuilding (NYSE: HII) $11.1B FY2024 revenue; sole US aircraft carrier builder, Virginia/Columbia-class submarine partner, CVN-79 JFK delivery, AUKUS submarines competing with General Dynamics.

## Company Overview

Huntington Ingalls Industries, Inc. (HII) is a Newport News, Virginia-based defense shipbuilding and defense services company — publicly traded on the New York Stock Exchange (NYSE: HII) as an S&P 500 Industrials component — building and maintaining nuclear-powered submarines (Virginia-class attack submarines, Columbia-class ballistic missile submarines) and surface ships (Gerald R. Ford-class nuclear aircraft carriers, America-class amphibious assault ships, Arleigh Burke-class destroyers) through its Newport News Shipbuilding and Ingalls Shipbuilding subsidiaries, and providing defense technology and services through the Mission Technologies segment, through approximately 44,000 employees. HII is the largest military shipbuilder in the United States and the sole builder of US Navy nuclear-powered aircraft carriers (Newport News Shipbuilding — Gerald R. Ford-class carriers, the USS Gerald R. Ford CVN-78 delivered 2017, USS John F. Kennedy CVN-79 under construction) and a partner with General Dynamics Electric Boat for Virginia-class nuclear submarine construction (Newport News builds the stern, propulsion systems, and integration; Electric Boat builds the bow and performs final integration at Groton CT). In fiscal year 2024, HII reported revenues of $11.1 billion (+5% year-over-year), with the Shipbuilding segment generating $8.6 billion and Mission Technologies (defense IT, analytics, C5ISR services) generating $2.5 billion. CEO Chris Kastner has focused on improving shipbuilding performance metrics (on-time delivery, ship quality scores, learning curve efficiency) as the Newport News Shipbuilding facilities executed multiple concurrent complex programs — CVN-79 John F. Kennedy carrier construction, CVN-80 Enterprise carrier material purchasing, Virginia-class Block V submarine sections — amid post-COVID skilled shipwright workforce shortages and supply chain disruptions.

HII's naval shipbuilding model creates an irreplaceable competitive position through the 135-year accumulation of nuclear submarine and aircraft carrier construction expertise concentrated at Newport News Shipbuilding: building a nuclear-powered aircraft carrier (USS Gerald R. Ford — 4.5 acres of flight deck, 78 aircraft, 5,000 sailors, 100,000 tons displacement, 260MW nuclear reactor plant) requires 2,000+ specialized trade workers (nuclear welders, pipefitters, structural steel workers, electrical systems technicians) performing 50+ million man-hours of skilled labor under nuclear regulatory oversight — no shipyard in the world outside Newport News and Groton has the cleared, trained workforce and validated quality management systems to build nuclear-powered surface ships for the US Navy. The aircraft carrier and submarine programs' multi-decade nature (USS Enterprise CVN-80 material purchasing already underway for a ship that will commission in the early 2030s) provides HII with revenue visibility 10+ years into the future — with each subsequent Ford-class carrier generating approximately $13 billion in shipbuilding contract value at a single shipyard. HII's Mission Technologies segment (defense IT, unmanned surface and undersea vehicle systems, defense analytics) represents the growth vector beyond shipbuilding — competing for DoD digital transformation, AI-enabled logistics, and unmanned system services contracts that diversify HII beyond sole-source shipbuilding work.

In 2025, HII competes in naval shipbuilding against General Dynamics (NYSE: GD, Electric Boat — Virginia-class submarine co-builder, only other US nuclear submarine shipyard), Austal USA (private, US Army/Navy support vessel construction), and Leidos (NYSE: LDOS, defense IT and unmanned systems competing with Mission Technologies) for US Navy shipbuilding contracts and defense technology services. The US Navy's 2025 shipbuilding plan (requesting 9 submarines, 3 destroyers, and 2 amphibious ships in FY2025) creates demand that HII's shipbuilding capacity is working to meet — with the AUKUS submarine supply agreement (Australia to receive Virginia-class submarines by the early 2030s) creating a third customer for Newport News's submarine production capacity beyond USN and US export demand. HII's workforce development challenge — recruiting and training 3,000+ new shipyard workers annually to replace retirements and address capacity expansion — represents the most critical operational constraint on HII's ability to increase submarine and destroyer production rates to meet Navy demand. The 2025 strategy focuses on CVN-79 JFK carrier delivery milestone execution, Virginia-class Block V submarine construction rate improvement, and Mission Technologies revenue growth through defense AI, analytics, and unmanned vehicle services contracts.

## Frequently Asked Questions

### What does Huntington Ingalls Industries do?
Huntington Ingalls Industries (HII) is America's largest military shipbuilding company and a global all-domain defense technologies provider. The company designs, builds, and maintains nuclear-powered aircraft carriers, submarines, destroyers, amphibious assault ships, and coast guard cutters for the U.S. Navy and Coast Guard. HII also provides advanced C5ISR systems, cyber and electronic warfare capabilities, unmanned systems, and nuclear environmental services through its Mission Technologies division.

### Who are Huntington Ingalls Industries' customers?
HII's primary customer is the United States Navy, which accounts for the majority of the company's $11.5 billion in annual revenue. Other key customers include the U.S. Coast Guard, the Department of Defense, the Department of Energy, and allied nations' defense forces. The company serves government and commercial customers worldwide through its Mission Technologies division.

### When was Huntington Ingalls Industries founded?
Huntington Ingalls Industries was formed on March 31, 2011, as an independent, publicly traded company through a spin-off from Northrop Grumman Corporation. However, the company's shipbuilding heritage extends back much further—Newport News Shipbuilding was established in 1886, and Ingalls Shipbuilding was founded in 1938. The company was named after the founders of these historic shipyards: Collis Potter Huntington and Robert Ingersoll Ingalls Sr.

### Where is Huntington Ingalls Industries based?
HII is headquartered in Newport News, Virginia. The company operates through three major divisions: Newport News Shipbuilding in Virginia (the nation's sole designer and builder of nuclear-powered aircraft carriers), Ingalls Shipbuilding in Pascagoula, Mississippi (which produces surface combatants and amphibious vessels), and Mission Technologies headquartered in McLean, Virginia, with more than 100 facilities globally.

### Is Huntington Ingalls Industries publicly traded?
Yes, Huntington Ingalls Industries is a publicly traded company listed on the New York Stock Exchange under the ticker symbol HII. The company became publicly traded on March 31, 2011, when it was spun off from Northrop Grumman. Since its IPO at $39.25 per share, the stock has appreciated significantly, and as of 2024, HII has a market capitalization of approximately $10.79 billion.

### What makes Huntington Ingalls Industries different from competitors?
HII is the sole designer and builder of nuclear-powered aircraft carriers for the U.S. Navy and one of only two providers of nuclear submarines, giving it unique and irreplaceable capabilities in the American defense industrial base. The company combines over 130 years of shipbuilding heritage with advanced defense technologies through its three-division structure. HII maintains the largest backlog in its history at over $48 billion, operates Virginia's largest industrial employer at Newport News Shipbuilding, and has expanded beyond traditional shipbuilding into C5ISR, cyber, unmanned systems, and other critical defense technologies.

### Who are Huntington Ingalls Industries' main competitors?
HII's primary shipbuilding competitor is General Dynamics Electric Boat, which also builds nuclear submarines for the U.S. Navy and is the prime contractor for Columbia-class submarines (HII is a major subcontractor). For surface combatants, Bath Iron Works (a General Dynamics subsidiary) also builds Arleigh Burke-class destroyers. In the broader defense technologies market, HII's Mission Technologies division competes with companies like Lockheed Martin, Northrop Grumman, Raytheon, BAE Systems, and Leidos for C5ISR, cyber, and professional services contracts.

### How can I contact Huntington Ingalls Industries?
You can contact HII through their corporate website at https://hii.com. For investor relations inquiries, contact their IR department in Newport News, Virginia. For career opportunities, visit their careers portal. Each division maintains separate contact information: Newport News Shipbuilding in Virginia, Ingalls Shipbuilding in Pascagoula, Mississippi, and Mission Technologies in McLean, Virginia.

### Is Huntington Ingalls Industries hiring?
Yes, HII is actively hiring across all three divisions. The company employed 44,000 workers as of 2024 and added approximately 3,000 workers during the year. HII has ambitious hiring plans to bring in approximately 16,000 new employees over the next decade to support expanding Navy shipbuilding programs. The company has invested significantly in workforce development, raising wages with Navy support, enhancing recruitment and training programs, and improving retention rates. Newport News Shipbuilding alone employs about 26,000 workers, making it Virginia's largest industrial employer.

### What's the latest news about Huntington Ingalls Industries?
In December 2024, HII secured a $91.9 million contract from the U.S. Navy for engineering support services for aircraft carriers, with options potentially increasing the value to $472 million. In October 2024, the company landed approximately $9.5 billion in new Navy warship orders despite operational challenges. The company faced workforce and supply chain issues in 2024 that resulted in a 32% decline in operating income to $573 million, but has implemented strategic improvements. Financial analysts project HII will generate nearly $600 million in free operating cash flow in 2025-2026 as operational improvements take effect.

### What is Huntington Ingalls Industries' market position?
HII is the undisputed leader in U.S. naval shipbuilding, holding a monopoly position as the sole builder of nuclear-powered aircraft carriers and serving as one of only two submarine builders for the U.S. Navy. The company maintains the largest shipbuilding backlog in its history at over $48 billion, secured $12.1 billion in new contract awards in 2024, and generated $11.5 billion in annual revenue. With 44,000 employees and facilities across the United States and globally, HII represents a critical pillar of U.S. defense infrastructure and maritime dominance.

### What are Huntington Ingalls Industries' future plans?
HII's future focuses on executing its massive $48 billion backlog, which includes building multiple Gerald R. Ford-class aircraft carriers, Virginia-class and Columbia-class submarine components, Arleigh Burke-class destroyers, and amphibious vessels. The company is investing heavily in workforce development with plans to hire 16,000 employees over the next decade. HII is expanding its Mission Technologies division's capabilities in autonomous systems, cyber warfare, and C5ISR systems. The company is also addressing supply chain challenges, improving operational efficiency, and positioning itself to capitalize on growing Navy fleet expansion requirements driven by intensifying global security threats.

## Tags

b2b, hardware, manufacturing, transportation, public, global, enterprise

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*