HII’s Ingalls Shipbuilding Launches Guided Missile Destroyer George M. Neal (DDG 131)
HII (NYSE: HII) announced the launch of the future USS George M. Neal (DDG 131) on April 1, 2026, at Ingalls Shipbuilding in Pascagoula, Mississippi.
Rhea-AI Summary
HII (NYSE: HII) announced the launch of the future USS George M. Neal (DDG 131) on April 1, 2026, at Ingalls Shipbuilding in Pascagoula, Mississippi. The event marks the launch milestone for the fourth Flight III Arleigh Burke-class destroyer built at the yard.
DDG 131 features the Flight III AN/SPY-6 (V)1 radar and Aegis Baseline 10 combat system. Following launch, the ship will enter outfitting, systems activation, testing and preparations for sea trials.
Positive
- Launch milestone achieved for DDG 131 on April 1, 2026
- Fourth Flight III Arleigh Burke-class destroyer built at Ingalls shipyard
- Equipped with AN/SPY-6 (V)1 radar and Aegis Baseline 10
Negative
- Ship remains non-operational pending outfitting, systems activation and sea trials
Details
News Market Reaction – HII
In the Apr 2 session, HII gained 0.84%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- 2025 contract awards
- $16.9 billion
- Contract awards highlighted in 2026 DEF 14A
- 2025 revenue
- $12.5 billion
- Record annual revenue noted in DEF 14A
- Operating income
- $657 million
- 2025 operating income from DEF 14A
- Diluted EPS
- $15.39
- 2025 diluted EPS cited in DEF 14A
- Free cash flow
- $800 million
- 2025 free cash flow from DEF 14A
- Total stockholder return
- 84.2%
- Total stockholder return highlighted in DEF 14A
- Dividends paid
- $213 million
- Dividends paid in 2025 per DEF 14A
- Destroyer sequence
- Fourth Flight III Arleigh Burke-class destroyer at Ingalls
- Position of DDG 131 in Flight III series
Historical Context
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Physical AI MOU signing and demonstration with GrayMatter Robotics.
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Two vice presidents named at Newport News Shipbuilding division.
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Marine Corps leaders visit to advance veteran-to-shipbuilding careers.
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Media advisory for Apprentice School 2025 commencement ceremony.
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Ratified Ingalls bargaining agreements with significant wage growth through 2031.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
arleigh burke-class technical
an/spy-6 (v)1 radar system technical
aegis baseline 10 combat system technical
schedule 13g/a regulatory
free cash flow financial
diluted eps financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
PASCAGOULA, Miss., April 01, 2026 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division successfully launched future USS George M. Neal (DDG 131) today, marking a major construction milestone for the fourth Flight III Arleigh Burke-class destroyer to be built at the shipyard.
In the weeks leading up to launch, shipbuilders completed key construction work, secured major components and performed inspections to ensure the ship was ready to enter the water. The ship was then translated from land into the dry dock, where teams conducted final checks before flooding the dock and allowing the destroyer to float for the first time.
“Launching DDG 131 is a direct reflection of the hard work and dedication of our Ingalls shipbuilders,” said Chris Brown, Ingalls Shipbuilding DDG 51 program manager. “Seeing the ship reach the water for the first time is a proud moment for everyone involved and a real testament to the people who make this work possible for our U.S. Navy.”

Photos accompanying this release are available at: http://hii.com/news/hiis-ingalls-shipbuilding-launches-guided-missile-destroyer-george-m-neal-ddg-131/.
DDG 131 is named for George M. Neal, a Korean War veteran and an aviation machinist’s mate third class who was awarded the Navy Cross for his heroic actions while attempting to rescue a fellow service member under enemy fire.
As a Flight III Arleigh Burke-class destroyer, DDG 131 represents the next generation of surface combatants for the U.S. Navy, featuring the Flight III AN/SPY-6 (V)1 radar system and the Aegis Baseline 10 combat system, designed to counter threats well into the 21st century.
Following today’s launch, George M. Neal will move into the next phase of construction, which includes outfitting, systems activation and testing in preparation for sea trials.
For more information about the Arleigh Burke-class guided missile destroyer program at HII, visit: https://hii.com/what-we-do/capabilities/guided-missile-destroyers/.
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.
With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW 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
- HII on LinkedIn: https://www.linkedin.com/company/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/dc98ba88-b5fc-4a18-8894-ccdb7e60ca5e
FAQ
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