Huntington Ingalls Industries (HII) is an American shipbuilding company that specializes in designing, building, and maintaining naval ships and submarines. It was founded in 2011 and is headquartered in Newport News, Virginia. However, its roots trace back to the early 20th century when its predecessor, Newport News Shipbuilding, was established in 1886.
HII is one of the largest military shipbuilding companies in the United States and plays a crucial role in supporting the nation's defense capabilities. The company operates two main shipyards: Newport News Shipbuilding and Ingalls Shipbuilding. Newport News Shipbuilding primarily focuses on designing and constructing aircraft carriers and submarines, while Ingalls Shipbuilding specializes in building destroyers, amphibious assault ships, and other surface combatants.
HII is renowned for its expertise in complex shipbuilding projects and has a long-standing history of delivering high-quality vessels to the U.S. Navy and other customers. The company's ships are known for their technological advancements, superior craftsmanship, and exceptional performance. In addition to shipbuilding, HII also provides comprehensive services such as maintenance, repair, and overhaul to ensure the longevity and operational readiness of naval assets.
Regarding its public status, Huntington Ingalls Industries went public in March 2011. The decision to go public allowed the company to access additional capital and expand its operations further. As a publicly traded company, HII is listed on the New York Stock Exchange under the ticker symbol "HII." Going public has also provided the company with increased visibility and shareholder value, allowing it to attract investments and foster growth.