Huntington Ingalls Industries, Inc. (HII) is America's largest military shipbuilding company and a provider of professional services to partners in government and industry. The company was established in 2011 after it was spun off from Northrop Grumman, a global aerospace and defense technology company.
Huntington Ingalls boasts a presence in over 40 states and 16 countries around the world. It is headquartered in Newport News, Virginia and employs over 42,000 workers worldwide. Mike Petters is the current president and chief executive officer of the company, leading its mission of “Hard Stuff Done Right.”
HII's shipbuilding division operates two major sectors: Newport News Shipbuilding and Ingalls Shipbuilding. Newport News Shipbuilding is the nation’s sole designer, builder and refueler of nuclear-powered aircraft carriers and one of only two shipyards capable of designing and building nuclear-powered submarines. On the other hand, Ingalls Shipbuilding is a builder of amphibious assault and expeditionary warfare ships for the U.S. Navy, as well as national security cutters for the U.S. Coast Guard.
Outside of shipbuilding, HII’s Technical Solutions division provides an array of professional services in several areas such as fleet support, unmanned systems, nuclear and environmental services, and oil and gas.
A standout point about HII is its dedication to quality and safety. The company is consistently recognized for its exceptional performance, for instance in 2020, Newport News Shipbuilding was awarded the Secretary of Defense Performance-Based Logistics Award; a testament to their commitment to delivering optimal results for their customers, both domestically and internationally.
HII is a public company listed on the New York Stock Exchange under the ticker symbol “HII.” Financially, the company has been performing well over the years despite defense budget fluctuations, declaring a quarterly dividend consistently since 2011.
A critical part of HII's corporate culture is its commitment to corporate responsibility and community involvement. The company operates the HII Ethics and Business Conduct program to ensure ethical business practices. It also invests in sustainable practices and works to minimize the impact of its operations on the environment.
In conclusion, HII is not just a titan of American shipbuilding; it represents a total package of exemplary corporate citizenship, resilient performance, and unmatched industry expertise. Its reputation as a dependable partner to the U.S. government continues to position the company as a leader in the defense industry.