| Huntington Ingalls Industries, Inc. | |
| Trade Name: | HII |
| Type: | Public company |
| Predecessor: | Northrop Grumman Shipbuilding |
| Founder: | Named after Collis Potter Huntington and Robert Ingersoll Ingalls Sr. |
| Key People: | Kirkland H. Donald (Chairman)[1] Christopher D. Kastner (President and CEO)[2] Jennifer Boykin (Vice president)[3] |
| Hq Location City: | Newport News, Virginia |
| Hq Location Country: | U.S. |
| Area Served: | Worldwide |
| Revenue Year: | 2023 |
| Operating Income: | US$565 million |
| Income Year: | 2022 |
| Net Income: | US$568 million |
| Net Income Year: | 2022 |
| Assets: | US$10.8 billion |
| Assets Year: | 2023 |
| Equity: | US$3.49 billion |
| Equity Year: | 2022 |
| Num Employees Year: | 2023 |
| Footnotes: | [4] |
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]
HII comprises three divisions: Newport News Shipbuilding, Ingalls Shipbuilding, and Mission Technologies. HII's Newport News and Ingalls Shipbuilding divisions in Virginia and Mississippi, respectively, have built more ships in more ship classes than any other U.S. naval shipbuilder.
In April 2022, Huntington Ingalls Industries changed its branding name to HII.[7]
When it spun off as a new company on 31 March 2011, Huntington Ingalls Industries comprised Northrop Grumman’s shipbuilding businesses in Newport News, Virginia, Pascagoula, Mississippi, and Avondale, Louisiana[8] (Closed in 2014) .
Since its creation, HII has built and expanded its professional and government services through the acquisitions of UniversalPegasus International, the S.M. Stoller Corporation, Camber Corporation, Novonics, the Columbia Group's Engineering Solutions division, G2 Inc., Alion Science and Technology, and Fulcrum IT Services.
In 2016, HII established a third division, Technical Solutions (now Mission Technologies),[9] comprising the company's services capabilities. HII’s Mission Technologies division is headquartered in McLean, Virginia, with more than 100 facilities across the globe.
HII is named for the founders of its shipbuilding divisions: Collis Potter Huntington, who founded Newport News Shipbuilding and Drydock Company, and Robert Ingersoll Ingalls Sr., who established Ingalls Shipbuilding.
In 1938, Ingalls Shipbuilding Corporation was founded by Robert Ingersoll Ingalls Sr. (1882–1951), on the East Bank of the Pascagoula River in Mississippi. It started out building commercial ships until the 1950s, when Ingalls started bidding on Navy work.[11]
Employing more than 11,000 employees, HII's Ingalls Shipbuilding is the largest manufacturing employer in Mississippi and a major contributor to the economic growth of Alabama. For 85 years, Ingalls has designed, built and maintained amphibious ships, destroyers, and cutters for the U.S. Navy and the U.S. Coast Guard. The largest supplier of U.S. Navy surface combatants, Ingalls is simultaneously building four classes of ships.[12]
Kari Wilkinson is executive vice president of HII and president of Ingalls Shipbuilding. Named to this position in April 2021, she is responsible for all programs and operations at Ingalls, including the U.S. Navy’s amphibious assault and surface combatant ship programs.[13]
Founded in 1886, HII's Newport News Shipbuilding, headquartered in Newport News, Virginia, 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.[11] The division's legacy of “Always Good Ships,” includes the design, construction, overhaul and repair of more than 800 ships for the U.S. Navy and commercial customers.[14]
Jennifer Boykin is president of Newport News Shipbuilding and executive vice president of HII. Named to this position in 2017, she is the 20th person and the first woman to serve as president of the Newport News shipyard, which has approximately $5.8 billion in annual revenues.[15]
Mission Technologies was founded in 2016 as HII’s third division. Mission Technologies develops integrated solutions that enable today’s connected, all-domain force. Capabilities include C5ISR systems and operations; the application of AI and machine learning to battlefield decisions; defensive and offensive cyberspace strategies and EW; unmanned autonomous systems; LVC solutions; fleet modernization; and critical nuclear operations. HII’s Mission Technologies division is headquartered in McLean with more than 100 facilities across the globe.[11]
Andy Green serves as president of HII's Mission Technologies and executive vice president of HII, which he joined in 2011 as corporate vice president of investor relations, where he was responsible for the company’s relationships with Wall Street analysts and shareholders.[16]
HII operates facilities in several key locations across the US:
In 2023, HII received $5.4 billion in new contract awards, resulting in a backlog of approximately $49 billion.[19]
As the nation’s sole designer, builder of nuclear-powered aircraft carriers, HII is currently designing and building the next-generation of aircraft carriers – the Gerald R. Ford class, the first new design for an aircraft carrier in decades – that use new technologies to provide the U.S. Navy with a highly flexible and survivable platform to meet the operational needs of the 21st century with increased power and reduced manning. The company is to build ten Gerald R. Ford-class aircraft carriers for the U.S. Navy and is scheduled to deliver one carrier every five years starting in 2015.[20]
In 2019, the U.S. Navy awarded HII a $15.2 billion block contract for the detail design and construction of Enterprise (CVN-80) and Doris Miller (CVN-81).[21]
Newport News Shipbuilding (NNS) is the only shipyard to perform RCOH work on Nimitz-class aircraft carriers. The nearly four-year project is performed once during a carrier's 50-year life and includes refueling of nuclear reactors, as well as significant repair, upgrade and modernization work.
NNS completed RCOH work on the fifth ship, USS Abraham Lincoln (CVN-72), in May 2017, and USS George Washington (CVN-73) arrived in August 2017 to begin its RCOH.[22] NNS is currently supporting the pre-advanced planning effort for the USS John C. Stennis (CVN-74) RCOH.[23]
HII's Newport News Shipbuilding is the only shipyard to perform refueling and complex overhaul (RCOH) work on aircraft carriers. This massive undertaking was described in a 2002 Rand Study as one of the most challenging engineering and industrial tasks undertaken anywhere by any organization.[24]
The multi-year project is performed only once during a carrier’s 50-year life and includes refueling of the ship’s two nuclear reactors, as well as significant repair, upgrade and modernization work. We have completed the refueling and complex overhaul of the first six ships of the Nimitz-class, USS Nimitz (CVN 68), USS Dwight D. Eisenhower (CVN 69), USS Carl Vinson (CVN 70), USS Theodore Roosevelt (CVN 71), USS Abraham Lincoln (CVN 72) and USS George Washington (CVN 73). As of 2024, HII is performing this work on the seventh ship in the class, USS John C. Stennis (CVN 74).
Newport News Shipbuilding also offers inactivation services for nuclear-powered aircraft carriers. In 2018, NNS successfully completed the inactivation of Enterprise (CVN 65), which began in 2013.[25] The NNS-built Enterprise was the world’s first nuclear-powered aircraft carrier and the only ship of its class.
HII's Newport News Shipbuilding is a major shipbuilding partner in the Columbia-class program, constructing and delivering six module sections per submarine under contract to General Dynamics Electric Boat to support the Navy’s plan to replace the aging Ohio-class.[26]
The new submarines will make up one leg of the U.S. strategic nuclear deterrent triad. The 561-foot-long submarines will include a new life-of-ship reactor, an electric drive propulsion system and field 16 Trident II D5 ballistic missiles.
Building on the success of the Virginia-class submarine program, NNS is participating in the construction of 12 Columbia-class submarines with Electric Boat as the prime contractor. Newport News Shipbuilding is manufacturing major Columbia-class assemblies and modules, including the bow, stern, auxiliary machinery room, superstructure and weapons modules.
HII's Newport News Shipbuilding is one of only two U.S. shipyards capable of designing and building nuclear-powered submarines. Currently, NNS is building the most advanced attack submarines in the world—the Virginia class.
Designed to meet the Navy’s requirements in a post-Cold War era, Virginia-class submarines use advanced technologies to increase firepower, maneuverability and stealth. The submarines are capable of submerged speeds of more than 25 knots and can stay submerged for up to three months at a time.
Under an innovative agreement, Newport News Shipbuilding is producing these submarines as part of a teaming agreement with General Dynamics Electric Boat.
Prior to the Virginia-class, Newport News Shipbuilding designed the Los Angeles-class submarines and constructed 29 of the 62 boats built.
USS America (LHA 6) was delivered in April 2014 and commissioned 11 October 2014.[27] It is first in the new class of amphibious assault ships for the U.S. Navy, replacing USS Tarawa (LHA 1). Ingalls’ next ship in the class, Tripoli (LHA 7), was delivered to the Navy on 28 February 2020. The ship was christened on 16 September 2017.[28]
On 16 June 2017, Ingalls Shipbuilding was awarded $3.1 billion contract to build Bougainville (LHA 8). Construction started on LHA 8 on 15 October 2018, and the ship's keel was laid on 13 March 2019.[29]
On 27 September 2018, Ingalls Shipbuilding won a $5.1 billion multi-year contract to build an additional six DDG-51s.[30] These destroyers are equipped with the Navy's Aegis Combat System. The first Flight III ship, Jack. H. Lucas (DDG-125), started fabrication on 7 May 2018.[31] Ingalls has built and delivered 31 ships to the U.S. Navy, with four more under construction. Paul Ignatius (DDG-117), is scheduled for commissioning on 27 July in Fort Lauderdale, Florida.[32]
HII builds LPD 17 San Antonio and LHA America classes of amphibious warships. Designed and built for survivability and flexibility, U.S. Navy amphibious warships are unique combat warships that make possible complex joint U.S. military operations to respond swiftly to crisis anywhere in the world, from deterrence and major combat operations to humanitarian assistance and disaster relief.[33]
HII's Ingalls Shipbuilding is building the entire San Antonio class of ships, the newest addition to the Navy's 21st century amphibious assault force. LPDs 17 to 28 have been delivered to the U.S. Navy. The latest, USS Fort Lauderdale (LPD 28), was delivered in March 2022.[34]
In March 2023, Ingalls received a $1.3 billion modification to a previously awarded contract from the U.S. Navy for the procurement of the detail design and construction of amphibious transport dock LPD 32. The ship will be the 16th in the San Antonio class and the third Flight II LPD.[35]
The America-class LHA ships are a variant of the extremely successful Wasp-class LHD amphibious assault ships that are presently serving as workhorses in the U. S. Navy fleet. Also known as “Large Deck amphibious ships,” they are the centerpieces of amphibious ready groups and a U.S. Marine Corps Air-Ground Task Force.[36]
HII's Ingalls Shipbuilding has delivered two America-class amphibious assault ships to the U.S. Navy: America (LHA 6) in April 2014, and Tripoli (LHA 7) in February 2020.[36]
HII's Ingalls Shipbulding provides the U.S. Coast Guard with Legend-class National Security Cutters, the flagships of the Coast Guard's cutter fleet. They are designed to replace the 378-foot Hamilton-class high-endurance cutters, which entered service during the 1960s. The National Security Cutter is the first new design for the service in 20 years.[37]
The current Program of Record is for 11 ships, of which the first nine have been successfully delivered to the U.S. Coast Guard. Ingalls' ninth NSC, Stone (WMSL 758), was delivered in November 2020.[38]
In December 2018, Ingalls received two contracts from the U.S. Coast Guard to build a 10th and 11th NSC. The contracts are valued at $468.75 million and $462.13 million, respectively.[39]
HII creates advanced unmanned solutions for defense, marine research and commercial applications. Serving customers in more than 30 countries, HII provides design, autonomy, manufacturing, testing, operations and sustainment of unmanned systems, including unmanned underwater vehicles (UUVs) and unmanned surface vessels (USVs).[40] The company's REMUS UUVs - world-leading, untethered, autonomous marine robots - carry advanced sensors and payloads to collect valuable data for a variety of applications.[41]
In August 2023, HII's Mission Technologies division received its largest contract win through the $1.4 billion Joint Network Engineering and Emerging Operations (J-NEEO) task order.[42]
HII's Mission Technologies also celebrated other several large contract wins:
In April 2024, Mission Technologies was awarded a contract by the U.S. Navy to analyse, research and develop enhanced capabilities for the Mk 41 and Mk 57 vertical launching systems (VLS) onboard U.S. Navy surface ships. HII is also to equip the first Zumwalt-class destroyer (DDG 1001) with a universal electronics module for the Mk 57 vertical launch system.[46]