Welcome to our dedicated page for Huntington Ingalls Inds news (Ticker: HII), a resource for investors and traders seeking the latest updates and insights on Huntington Ingalls Inds stock.
News for Huntington Ingalls Industries, Inc. (HII) centers on its role as a global, all-domain defense provider and the nation’s largest military shipbuilder. Coverage highlights how HII’s shipbuilding divisions and Mission Technologies business support U.S. and allied defense priorities through advanced surface combatants, nuclear-powered submarines, unmanned systems and integrated defense technologies.
Readers can follow updates on major shipbuilding milestones, such as delivery of Arleigh Burke-class destroyers like Ted Stevens (DDG 128), construction progress on Virginia-class submarines such as Oklahoma (SSN 802), and work on aircraft carriers and Zumwalt-class destroyers. News also covers new contracts and design awards, including HII’s selection to design and build the U.S. Navy’s future small surface combatant based on the Legend-class national security cutter.
The HII news flow also reflects the company’s growing unmanned and autonomy portfolio. Articles detail developments in the REMUS family of unmanned underwater vehicles, ROMULUS unmanned surface vessels powered by the Odyssey Autonomous Control System, and demonstrations of automated launch and recovery systems such as Sea Launcher. Expansion of unmanned operations in Europe, including the enlarged Portchester, U.K. facility, and participation in international frameworks like AUKUS also feature prominently.
Investors and defense observers can track mission technologies and missile defense work, including HII’s Mission Technologies division being awarded a position on the Missile Defense Agency’s SHIELD contract vehicle, opening opportunities in directed energy, command and control integration, cyber, microelectronics and live/virtual/constructive training. Regular visits from senior U.S. and allied defense leaders to HII’s shipyards, along with updates on workforce initiatives, industrial base investments and distributed shipbuilding, provide additional context on how HII supports long-term naval and security objectives. Bookmark this page for an organized view of contract awards, program milestones and strategic partnerships affecting HII.
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HII (NYSE: HII) has secured a $76.7 million task order from the U.S. Air Force to enhance its electronic warfare and electromagnetic spectrum capabilities. This contract supports critical research, analysis, and technical recommendations aimed at improving warfighter survivability while reducing lifecycle costs. HII's partnership with the USAF, ongoing since 2017, involves collaborators like DCS Corporation and Vanderbilt University. The task order reflects the USAF's trust in HII's expertise in defense technologies.
HII's Newport News Shipbuilding division has broken ground on two homes in partnership with Habitat for Humanity. This marks the first time the shipyard has sponsored two homes simultaneously and the first use of 3D printing technology in such projects in Newport News. The new homes, built on donated land, will be three-bedroom units and part of a broader effort to revitalize the Southeast community. HII's expertise in 3D printing will be employed in construction, enhancing efficiency. This initiative reflects HII's commitment to community engagement and innovative building methods.
HII (NYSE: HII) has announced the creation of Tuple, a joint venture with Markesman Group, aimed at enhancing cybersecurity solutions for the defense sector.
Tuple will operate under the U.S. Small Business Administration's mentor-protégé program, helping small businesses gain government contracts. The partnership combines HII's information warfare experience with Markesman's cyber operations skills to support the Department of Defense's cyber mission.
This initiative emphasizes fast-tracking the development of cyber capabilities critical to national security.
HII (NYSE: HII) announced the successful completion of acceptance trials for its Arleigh Burke-class guided missile destroyer, Lenah Sutcliffe Higbee (DDG 123), at Ingalls Shipbuilding. President Kari Wilkinson emphasized the partnership with the Navy, looking forward to further trials for the upcoming Flight III destroyer. DDG 123 honors Lenah Sutcliffe Higbee, the Navy's first female recipient of the Navy Cross. HII has built 33 destroyers, with five under construction, as it transitions to Flight III models.
HII (NYSE:HII) will release its third quarter 2022 financial results on November 3, 2022, at 9 a.m. Eastern Time. The earnings conference call will be hosted by CEO Chris Kastner and CFO Tom Stiehle, and it will be accessible via live webcast on HII's official website. HII, recognized as America's largest shipbuilder, has over 135 years of history in advancing U.S. national defense. The company employs a diverse workforce of approximately 44,000 professionals and specializes in delivering advanced naval ships and technologies.
HII (NYSE: HII) has elevated Todd Borkey to executive vice president and chief technology officer, effective immediately. Borkey, who previously led HII’s Mission Technologies division, will now direct the company's technology strategy, focusing on research and development to enhance existing products and drive growth. HII is recognized as a leader in transitioning technology for defense missions and manages over $1 billion annually in R&D. Borkey brings extensive experience from previous roles at Alion Science and Technology and Northrop Grumman.
HII (NYSE: HII) has delivered three advanced REMUS 100 unmanned underwater vehicles (UUVs) to the U.K. Royal Navy. These state-of-the-art systems boast enhanced endurance and improved sensors, increasing mission efficiency and data quality. HII's partnership with the U.K. Ministry of Defence spans over 20 years, with the Navy currently operating a mix of REMUS 100s and REMUS 600s for mine countermeasures. Over 600 UUVs have been sold to 30 nations, including several NATO members, establishing HII as a key player in military technology.
On September 9, 2022, HII announced the start of fabrication for the U.S. Navy's newest San Antonio-class amphibious transport dock Pittsburgh (LPD 31). This milestone indicates that the first 100 tons of steel have been cut. HII has successfully delivered 12 San Antonio-class ships to date, with three more, including LPD 31, currently under construction. The LPD Flight II represents the next generation of amphibious ships for the Navy's 21st-century expeditionary force.
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