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Huntington Ingalls Industries (HII) is America's largest military shipbuilder, delivering advanced naval defense systems and mission technologies. This page provides investors and industry professionals with verified updates on corporate developments shaping national security markets.
Access official press releases, earnings reports, and analysis of defense contracts. Track naval engineering milestones, government partnerships, and innovations from HII's Mission Technologies division through curated updates sourced directly from company communications.
Key updates include quarterly financial results, vessel delivery announcements, cybersecurity advancements, and Department of Defense procurement awards. All content adheres to financial disclosure standards for reliable decision-making.
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HII (NYSE: HII) on October 2, 2025 named Roger Kelly vice president of contracts and pricing at Newport News Shipbuilding (NNS).
Kelly succeeds Matt Mulherin Jr., who moved to vice president of supply chain and strategic sourcing at NNS. Kelly will oversee contracts, pricing, and export/import licensing and compliance and will report to Don Godwin, NNS vice president of business management and CFO. Kelly joined HII in 1999, supported the Virginia-class submarine program, and previously served as director of contracts and pricing. He holds a civil engineering degree and an MBA from Old Dominion University.
HII (NYSE: HII) has announced a strategic capital investment in a new integration, production and test facility focused on supporting phase two of the U.S. Army's Enduring-High Energy Laser (E-HEL) weapon system program. The facility will enhance HII's existing laser capabilities and enable assembly and testing of HEL prototypes and subsystems.
The new facility will feature advanced test capabilities for power, thermal and laser performance, supporting the Army's modular open systems approach. This investment builds upon HII's existing collaboration with the Army's Rapid Capabilities and Critical Technologies Office (RCCTO), which previously contracted HII to develop and test a HEL prototype for defeating unmanned aircraft systems.
HII (NYSE: HII) has successfully completed builder's sea trials for the guided missile destroyer Ted Stevens (DDG 128), the second Flight III destroyer built at Ingalls Shipbuilding division. The trials, conducted in the Gulf of America, tested the ship's engineering, navigation, and combat systems, including the advanced Flight III AN/SPY-6 (V)1 radar array.
The company has delivered 35 Arleigh Burke-class destroyers to the U.S. Navy and currently has five Flight IIIs under construction. HII recently announced partnerships with multiple shipyards to increase production capacity, with Ingalls selecting outfitted structural units to be constructed at partner locations for final integration at Ingalls.
HII (NYSE: HII), a Fortune 500 company, has opened applications for its 2026 summer internship program across its corporate office and three divisions: Ingalls Shipbuilding, Mission Technologies, and Newport News Shipbuilding. The program offers paid, full-time positions for 10 consecutive weeks, hosting over 350 interns annually.
Qualified candidates must be U.S. citizens, 18 or older, maintain a minimum GPA of 2.5-3.0, and be enrolled in qualifying degree programs. The internship includes competitive pay, potential housing assistance, transportation benefits, and possible future employment opportunities. HII, recognized among the Top 100 employers for internships, emphasizes hands-on experience, professional development, and mentorship in national security-related projects.
HII (NYSE: HII) hosted Gen. Eric Smith, the 39th commandant of the U.S. Marine Corps, at its Ingalls Shipbuilding division. During his third visit as commandant, Smith toured the shipyard and the America-class amphibious assault ship Bougainville (LHA 8).
The shipyard currently has multiple vessels under construction, including two LHA ships (Bougainville and Fallujah) and three Flight II LPDs (Harrisburg, Pittsburgh, and Philadelphia). Additionally, Ingalls secured contracts in September 2024 for three San Antonio-class amphibious transport dock ships and the fifth America-class amphibious assault ship, Helmand Province.
HII's (NYSE:HII) Ingalls Shipbuilding division hosted its third annual Community Partner Workshop in Pascagoula, Mississippi, bringing together over 50 nonprofit organizations from the Gulf Coast region. The event focused on strengthening community partnerships and improving nonprofit effectiveness through interactive sessions on AI implementation, grant writing, and organizational storytelling.
As Mississippi's largest manufacturing employer, Ingalls awarded 15 community grants totaling $20,000 during the event, supporting programs in education, workforce development, and quality of life initiatives along the Gulf Coast. The workshop demonstrates Ingalls' commitment to fostering strong community relationships and supporting their shipbuilders and their families through various nonprofit partnerships.
HII (NYSE: HII) is significantly expanding its shipbuilding capacity through strategic partnerships and distributed manufacturing. The company has doubled its outsourced hours in 2025 and plans to quadruple them within two years. HII's structural assembly network now includes 23 partner companies and continues to grow.
Key developments include the acquisition of a manufacturing facility in Goose Creek, South Carolina for submarine modules and aircraft carrier units, and partnerships with six different shipbuilding partners for Arleigh Burke-class destroyer construction. The company has also formed international partnerships with Hyundai Heavy Industries and Babcock International Group to enhance production efficiency.
HII (NYSE: HII) and Babcock International Group have signed a memorandum of understanding to integrate HII's REMUS unmanned underwater vehicles (UUVs) with Babcock's submarine Weapon Handling and Launch Systems (WHLS). The partnership aims to enable autonomous launch and recovery of UUVs through submarine torpedo tubes.
The collaboration builds on their 2023 strategic partnership and follows the U.S. Navy's successful forward-deployed UUV launch and recovery via torpedo tube using an HII REMUS. Babcock's WHLS technology is currently utilized by submarine fleets in the UK, Canada, Australia, Spain, and South Korea. HII has sold over 700 REMUS vehicles to more than 30 countries, including 14 NATO members, with a 90% service retention rate over 23 years.
HII (NYSE: HII), America's largest military shipbuilder, has partnered with Shield AI to advance modular, cross-domain mission autonomy solutions. The partnership combines Shield AI's Hivemind mission autonomy software with HII's Odyssey suite to develop next-generation autonomous systems.
Hivemind enables unmanned systems to execute complex missions in GPS and communications-denied environments, while Odyssey has proven success with over 6,000 operational hours across more than 35 Unmanned Surface Vehicle platforms. The collaboration will initially focus on unmanned surface vehicles (USVs) and later expand to unmanned undersea vehicles (UUVs), including HII's REMUS line.
HII (NYSE: HII), America's largest military shipbuilder, has achieved a significant milestone with the completion of its 750th REMUS unmanned undersea vehicle (UUV), specifically a REMUS 300 model, for the German Navy. The REMUS platform has demonstrated remarkable success with deployments in over 30 countries, including 14 NATO members.
The system's proven reliability is evidenced by over 90% of units remaining in service after 23 years. REMUS vehicles serve multiple critical missions including mine countermeasures, hydrographic survey, intelligence gathering, and environmental monitoring. The platform's open architecture enables rapid payload integration and mission-specific configurations, recently demonstrating successful launch and recovery capabilities from Virginia-class nuclear submarine torpedo tubes.