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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.
Bookmark this page to monitor HII's strategic initiatives in military shipbuilding and unmanned systems through a single authoritative channel.
HII's Ingalls Shipbuilding hosted a "signing day" for 43 graduates of its Shipbuilder Academy, offering them full-time positions at the shipyard. The ceremony, coinciding with National Apprenticeship Day, saw high school seniors signing contingent employment offers for roles including welders, painters, joiners, pipefitters, and electricians.
The program, which has graduated over 450 students since 2016, partners with 13 Gulf Coast high schools and provides hands-on training, mentorship, and classroom instruction. Ingalls also supports technical programs at three local high schools: Pascagoula, Moss Point, and Alma Bryant. The initiative demonstrates HII's commitment to developing skilled professionals and maintaining a strong workforce pipeline in the shipbuilding industry.
HII and its Newport News Shipbuilding division, along with partner General Dynamics Electric Boat, have secured a contract modification for building two additional Block V Virginia-class submarines. These vessels represent the 11th and 12th fast-attack submarines under the Block V contract.
The announcement reinforces the ongoing collaboration between Newport News Shipbuilding (NNS) and General Dynamics Electric Boat (GDEB) in strengthening national security assets. To date, the partnership has successfully delivered 24 Virginia-class submarines to the fleet.
Jason Ward, NNS vice president of submarine construction, emphasized the strategic importance of these submarines and highlighted the shipbuilders' commitment to delivering these vessels to enhance naval capabilities.
HII, America's largest military shipbuilder, launches its "Build It" campaign featuring 15-second TV ads celebrating U.S.-based manufacturing and defense work. The campaign showcases real shipbuilders, engineers, and technologists highlighting the importance of American-built Navy ships, submarines, and uncrewed underwater vehicles.
Led by CEO Chris Kastner, the initiative aims to support national security while revitalizing American manufacturing. As the largest industrial employer in Virginia and Mississippi, HII is actively recruiting talent and offering comprehensive apprenticeship programs across three divisions:
- Newport News Shipbuilding (Virginia) - Nuclear-powered aircraft carriers and submarines
- Ingalls Shipbuilding (Mississippi) - Amphibious ships and destroyers
- Mission Technologies (Virginia) - Digital defense solutions and UUVs
The company offers paid training, competitive wages, and long-term career opportunities in support of strengthening the defense industrial base.
HII (NYSE: HII) has announced its latest quarterly dividend payment. The company's Board of Directors has declared a cash dividend of $1.35 per share for the upcoming quarter.
Key details of the dividend announcement:
- Payment Date: June 13, 2025
- Record Date: May 30, 2025
- Dividend Amount: $1.35 per share
Shareholders who are recorded as owners of HII stock by the close of business on May 30, 2025, will be eligible to receive this quarterly dividend payment.
HII, America's largest military shipbuilder, is celebrating National Apprenticeship Day on April 30, 2025, showcasing their commitment to developing skilled professionals through three major apprenticeship programs:
- Newport News Shipbuilding Apprentice School in Virginia - Offers 4-8 year tuition-free programs in 19 trades, with paid 40-hour work weeks and associate's degree opportunities
- Ingalls Shipbuilding Apprentice School in Mississippi - Partners with Gulf Coast Community College, offering 15 registered programs with competitive wages and benefits
- Mission Technologies' Global Security programs - Includes nuclear operator apprenticeships in New Mexico and South Carolina, plus fleet sustainment training
The initiative is part of HII's "Build It" hiring campaign launched in 2024. The company emphasizes STEM education partnerships with colleges and schools near all three divisions, demonstrating their dedication to building the next generation of defense industry professionals.
HII's Ingalls Shipbuilding has received the prestigious 2025 Governor's Initiative for Volunteer Excellence (GIVE) award in Mississippi. The company earned the corporate volunteering champion award for its exceptional employee volunteer programs and community impact.
Key volunteer initiatives include:
- Blood, organ, and bone marrow registry drives
- Charitable walks and races
- Food packing and distribution events
- Community cleanup activities
- Disaster recovery efforts
- Youth mentorship programs
Beyond traditional volunteering, Ingalls focuses on developing future skilled professionals through educational programs like Scout merit badge days and Project MFG maritime welding competitions. The company emphasizes connecting employees with meaningful community work while maintaining their shipbuilding excellence.
The award, presented by Volunteer Mississippi in partnership with the Governor's Office, recognizes Ingalls' commitment to making community service a core business value and strategy.
HII (NYSE: HII) hosted HD Hyundai Heavy Industries (HHI) leaders at its Ingalls Shipbuilding division, furthering the objectives of their recently signed memorandum of understanding. The visit, led by Ingalls Shipbuilding President Brian Blanchette, focused on identifying near-term opportunities and exploring new processes to accelerate ship production.
During the visit, HHI executives toured the shipyard and the new virtual welding lab, experiencing how this immersive training environment enhances shipbuilder skills and sets national benchmarks for workforce development. Won-ho Joo, Chief Executive of Naval & Special Ship at HHI, expressed appreciation for witnessing HII's technological implementations for efficiency and quality improvements.
This strategic partnership between two of the world's leading shipbuilders aims to advance technological innovation, maximize production efficiency, and strengthen the global defense industry through combined expertise and resources.
HII (NYSE: HII) has been recognized for the second consecutive year as one of the top companies in the nation for employee well-being by Business Group on Health. The company is among 53 organizations awarded the 2025 Best Employers: Excellence in Health & Well-being Award.
The recognition highlights HII's comprehensive benefits and initiatives, particularly in areas of mental health and health equity. Edmond Hughes, HII's executive vice president and chief human resources officer, emphasized the company's dedication to providing best-in-class benefits supporting employees' physical, financial, and emotional well-being.
The award, celebrating its 20th year, was announced in Nashville, Tennessee. HII stood out as one of only three defense contractors honored among a diverse group of industries and geographies. The recognition underscores HII's continued commitment to employee welfare and innovative workplace practices.
HII (NYSE: HII) welcomed Secretary of the Navy John Phelan for his first visit to Newport News Shipbuilding (NNS) division since his March confirmation. During the visit, Phelan toured the shipyard's facilities, focusing on nuclear-powered submarines and aircraft carriers construction.
The tour showcased the construction progress of multiple vessels, including the Enterprise (CVN 80) in dry dock and John F. Kennedy (CVN 79) undergoing final outfitting. Phelan observed the serial-module-production for both Columbia- and Virginia-class submarines, and participated in electromagnetic aircraft launch system (EMALS) testing on Kennedy.
The visit was joined by Virginia Gov. Glenn Youngkin and Representatives Bobby Scott, Rob Wittman, and John McGuire. NNS, with over 26,000 employees, stands as Virginia's largest industrial employer and is one of only two shipyards capable of designing and building nuclear-powered submarines for the U.S. Navy.