HII Hosts HD Hyundai Heavy Industries Leaders at Ingalls Shipbuilding, Reinforcing Strategic Partnership

Rhea-AI Summary

HII (NYSE: HII) hosted leaders from HD Hyundai Heavy Industries at Ingalls Shipbuilding on Oct. 20, 2025 for a three-day engagement to advance the memorandum of understanding signed in April. Executives exchanged shipbuilding technology and manufacturing insights covering commercial and military opportunities, toured Ingalls’ yard, and observed robotic and modern production capabilities. Company leaders said the visit aims to increase efficiency, accelerate U.S. Navy ship deliveries, deepen collaboration, and strengthen the U.S. shipbuilding industrial base.

PASCAGOULA, Miss., Oct. 20, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted leaders from HD Hyundai Heavy Industries (HHI) at the company’s Ingalls Shipbuilding division this month for a three-day engagement to advance joint goals of the memorandum of understanding signed by the two companies in April. During the visit, leaders from HII and HHI exchanged insights on shipbuilding technology and manufacturing processes, discussing both commercial and military shipbuilding opportunities.

“As our partnership with HHI continues to evolve, this visit allowed us to demonstrate the expertise of our Ingalls shipbuilders and the significant investment made in technology in our shipyard over the last several years,” Ingalls Shipbuilding President Brian Blanchette said. “I look forward to seeing how the ideas generated during this visit will develop in the coming months to create additional opportunities to increase efficiency and accelerate the delivery of critical ships for the U.S. Navy’s fleet.”

During the visit, the group toured the shipyard, observed the state-of-the-art robotic technologies and other modern production capabilities being utilized by Ingalls. This particular visit provided first-hand insight into how innovation is driving greater efficiency and consistency in shipbuilding.

Photos accompanying this release are available at: http://hii.com/news/hii-hosts-hd-hyundai-heavy-industries-leaders-at-ingalls-shipbuilding-reinforcing-strategic-partnership/.

“This visit has been a great opportunity for us to see how HII has been advancing its expertise in shipbuilding, and we look forward to discussing insights that will further deepen our collaboration,” said Sangbong Lee, senior vice president at HHI. “We have high expectations for how our partnership will evolve and hope to share innovative approaches that will deliver significant value to our customers.”

Joining the visit to further evaluate future joint maritime opportunities was Eric Chewning, HII’s executive vice president of maritime systems and corporate strategy. Focused on expansion of domestic and international partnerships he said, “leveraging advanced technologies in support of our customers cannot happen fast enough and this partnership is a powerful step in the right direction to not only enhance throughput at Ingalls, but to strengthen and expand the U.S. shipbuilding industrial base.”

The collective efforts applied under the strategic partnership aim to leverage the combined expertise and resources of both companies to advance technological innovation, maximize production efficiency, and strengthen the global defense industry. Specializing in multiple classes of ships, HII and HHI are two of the world’s leading shipbuilders.

About HII

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.

As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

• HII on the web: https://www.HII.com/
• HII on Facebook: https://www.facebook.com/TeamHII
• HII on X: https://www.twitter.com/WeAreHII
• HII on Instagram: https://www.instagram.com/WeAreHII

Contact:

Kimberly Aguillard
Kimberly.K.Aguillard@HII-co.com
(228) 355-5663

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ed971e5-7523-4f58-aa54-cc4a65a80ab8

FAQ

What was the purpose of HII's Oct. 2025 visit with HD Hyundai Heavy Industries at Ingalls Shipbuilding?

The three-day visit aimed to advance the April memorandum of understanding by exchanging shipbuilding technology insights and exploring commercial and military collaboration.

How could the HII and HD Hyundai collaboration affect Ingalls Shipbuilding operations?

Leaders said the collaboration may drive greater production efficiency and consistency through shared technologies and robotic manufacturing observations.

Who from HII and HD Hyundai attended the Ingalls Shipbuilding engagement on Oct. 20, 2025?

HII attendees included Ingalls President Brian Blanchette and EVP Eric Chewning; HD Hyundai was represented by senior VP Sangbong Lee and other leaders.

Does the Oct. 2025 meeting between HII and HD Hyundai include commercial shipbuilding plans?

Yes; discussions covered both commercial and military shipbuilding opportunities as part of their strategic partnership.

Where can investors find photos or more information about HII's Ingalls visit with HD Hyundai?

Photos and additional details are available on HII’s news page at the company website link provided in the announcement.

What strategic aims did HII cite from the October 2025 engagement with HD Hyundai?

HII said the engagement aims to deepen collaboration, accelerate ship deliveries for the U.S. Navy, and strengthen the U.S. shipbuilding industrial base.