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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 (NYSE:HII) has announced that its REMUS 300 unmanned underwater vehicle has been selected as the U.S. Navy's next generation small UUV program. This choice highlights HII's commitment to advancing maritime operations through autonomous systems. The program's initial phase will focus on the production and testing of REMUS 300 units over the next year. This selection follows a rigorous two-year prototyping effort, indicating the vehicle's advanced capabilities and modular design that meet the Navy's evolving needs.
HII (NYSE: HII) has christened the pre-commissioning unit Jack H. Lucas (DDG 125) at its Ingalls Shipbuilding division in Pascagoula, Mississippi. This Flight III destroyer honors Medal of Honor recipient Jack H. Lucas, who displayed remarkable bravery in World War II. The ship features advanced systems, including the Aegis Baseline 10 radar, enhancing its combat capabilities. Ingalls Shipbuilding President Kari Wilkinson expressed pride in supporting U.S. military efforts, while Chief of Naval Operations Adm. Mike Gilday praised the ship as the finest destroyer ever built.
HII's Ingalls Shipbuilding division has officially authenticated the keel of the Ted Stevens (DDG 128), an Arleigh Burke-class guided missile destroyer. Named after former U.S. Senator Ted Stevens, the ship honors his service, including his role as a pilot in WWII. The Ted Stevens is the second Flight III destroyer to be constructed at Ingalls, featuring enhanced capabilities for multi-mission operations, integrating advanced technologies for maritime defense. This marks the 76th ship in the Arleigh Burke class, demonstrating HII's commitment to supporting U.S. national security.
On March 18, 2022, HII (NYSE:HII) announced the delivery of the Fort Lauderdale (LPD 28) to the U.S. Navy, marking the 12th San Antonio-class ship delivered by the company. This amphibious transport dock is vital for the Navy's expeditionary force, supporting various missions, including crisis response and humanitarian assistance. The delivery ceremony took place on March 11, involving shipbuilders and Navy representatives. HII continues to progress with other San Antonio-class ships, including Richard M. McCool Jr (LPD 29) and Harrisburg (LPD 30).
On March 14, 2022, HII delivered the newest Virginia-class submarine, Montana (SSN 794), to the U.S. Navy. Following successful sea trials, Montana becomes the 10th submarine in this class produced by HII’s Newport News Shipbuilding division. This advancement culminates from a partnership with General Dynamics’ Electric Boat, emphasizing safety and quality in construction. Block IV submarines, including Montana, feature design changes aimed at reducing ownership costs and increasing operational efficiency, allowing for longer deployment periods.
HII has appointed Donny Dorsey as vice president of operations at its Ingalls Shipbuilding division, effective immediately. Dorsey, who replaces George Jones ahead of his retirement on April 1, has been with the company since 2000, serving in various roles including ship program manager. Dorsey will oversee manufacturing operations and collaborate with union partners to enhance production strategies. His appointment aims to continue the legacy of strong execution and drive strategic innovation within the division.
HII (NYSE:HII) has appointed Xavier Beale as vice president of human resources and trades at its Newport News Shipbuilding division, effective April 1. Beale will oversee human resources administration, employment, labor relations, and recruitment while retaining his prior responsibilities. He succeeds Susan Jacobs, who is now at HII’s Ingalls Shipbuilding division. As part of a strategic plan, the company aims to enhance hiring and retention alongside continuous learning and development. Additionally, Dave Horne has been promoted to senior director of trades, aiding in production trade execution.
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