Huntington Ingalls Industries, Inc. Common Stock (HII)
Frequently Asked Questions About Huntington Ingalls Industries, Inc. Common Stock (HII)
How does HII address diversity and inclusion?
HII recognizes the value of diversity and inclusion in fostering innovation and excellence. The company actively works to create a workforce that reflects the communities it serves by implementing policies that promote equal opportunities and championing programs designed to support underrepresented groups in the workplace.
How does HII contribute to workforce development?
HII actively engages in workforce development by investing in training programs and partnerships with educational institutions to cultivate the next generation of skilled shipbuilders and engineers. The company promotes career opportunities in science, technology, engineering, and mathematics (STEM) and supports initiatives that provide pathways for students to enter the manufacturing and defense workforce.
How does HII ensure safety in its operations?
HII places a top priority on safety across all its operations, implementing rigorous protocols and training programs to protect employees and the integrity of its shipbuilding processes. The company fosters a culture of safety that encourages employees to identify risks and adopt best practices to minimize accidents and injuries.
How does HII prioritize environmental sustainability?
HII prioritizes environmental sustainability through initiatives aimed at reducing its carbon footprint and minimizing waste. The company is committed to applying environmentally friendly practices in shipbuilding operations and actively seeks to innovate in areas such as energy efficiency and compliance with environmental regulations.
What are HII's core values?
Huntington Ingalls Industries upholds core values such as integrity, safety, and excellence, which guide the company's operations and interactions with customers, employees, and stakeholders. HII focuses on fostering a culture of accountability, teamwork, and continuous improvement to maintain its reputation as a leader in the defense sector.
What are some recent contracts awarded to HII?
Huntington Ingalls Industries frequently secures contracts from the U.S. Navy and other defense agencies for shipbuilding and maintenance. Recent contracts often involve the construction of new vessels or upgrades to existing fleet members, reflecting the company's reputation for reliability and quality in defense contracting.
What does Huntington Ingalls Industries, Inc. do?
Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States. It specializes in designing, building, and maintaining ships for the U.S. Navy and Coast Guard, as well as providing related services and support for various defense systems. The company strives to enhance national security and is known for producing aircraft carriers, submarines, and other complex naval vessels.
What initiatives does HII have for community engagement?
HII is committed to community engagement through various initiatives aimed at supporting local education, workforce development, and charitable activities. The company encourages employee volunteerism, partnerships with schools, and contributions to local nonprofits, creating a positive impact in the communities where it operates.
What is HII's approach to innovation and technology?
Huntington Ingalls Industries emphasizes innovation and technological advancement in its shipbuilding processes. The company invests heavily in research and development to create state-of-the-art naval vessels that incorporate the latest technologies in defense systems, automation, and energy efficiency. HII is committed to meeting the evolving needs of modern naval warfare.
What is HII's financial performance like?
Huntington Ingalls Industries has demonstrated strong financial performance, often reporting steady revenue growth and robust profit margins due to its long-term contracts with the U.S. government. The company is publicly traded on the New York Stock Exchange under the ticker symbol HII, and its financial stability is critical for ongoing investments in shipbuilding capabilities and innovation.
What is HII's presence in international markets?
While Huntington Ingalls Industries primarily focuses on U.S. government contracts, it recognizes the importance of international partnerships as well. HII engages in collaborations and exports to allied nations, sharing its shipbuilding expertise and further strengthening defense relationships around the globe.
What is the history of Ingalls Shipbuilding?
Ingalls Shipbuilding was established in 1938 in Pascagoula, Mississippi, and has since built a significant portion of the U.S. Navy's fleet, including multiple classes of destroyers and amphibious ships. Its long-standing commitment to quality and innovation has made it a key player in the defense industry, now as part of HII.
What is the role of HII's Newport News Shipbuilding division?
Newport News Shipbuilding is a division of HII and is the largest industrial employer in Virginia. It plays a vital role in the construction and maintenance of aircraft carriers and submarines, offering comprehensive services from design to delivery. This division's capabilities are fundamental to HII's success and its position as a leader in naval shipbuilding.
What is the significance of HII's name?
The name Huntington Ingalls Industries pays homage to two historically significant shipbuilding companies: Huntington Shipbuilding Company and Ingalls Shipbuilding. The merger of these companies and their rich legacies represents the strong foundation of shipbuilding expertise and industry leadership that HII embodies today.
What role does HII play in national security?
Huntington Ingalls Industries plays a crucial role in national security by providing the U.S. military with advanced naval vessels and support services essential for defense operations. The company contributes to the readiness and effectiveness of the U.S. Navy and Coast Guard, ensuring they are equipped to respond to global threats and protect national interests.
What types of ships does HII produce?
HII produces a wide range of naval ships, including aircraft carriers, submarines, amphibious assault ships, and surface combatants. Their work also extends to maintaining and modernizing existing vessels to ensure they remain effective and technologically advanced for contemporary missions.
When was Huntington Ingalls Industries founded?
Huntington Ingalls Industries was founded in 2011 as a spin-off from Northrop Grumman Corporation. The company was established to focus specifically on the defense and naval shipbuilding sector, carrying forward over 127 years of shipbuilding heritage from its predecessor companies, including Ingalls Shipbuilding and Newport News Shipbuilding.
Where is the headquarters of Huntington Ingalls Industries located?
Huntington Ingalls Industries is headquartered in Newport News, Virginia. This location is home to one of its major shipyards, which has been a significant site for naval construction and maintenance since its inception. The headquarters serves as the central hub for the company's strategic operations and corporate management.
Who are the main customers of HII?
The primary customers of Huntington Ingalls Industries are the United States Navy and the United States Coast Guard. In addition to these federal agencies, HII also collaborates with international partners and allies on various defense-related projects, enhancing global maritime security.
What is the current price of Huntington Ingalls Industries, Inc. Common Stock?
The current price of Huntington Ingalls Industries, Inc. Common Stock is 204.93
When was Huntington Ingalls Industries, Inc. Common Stock last traded?
The last trade of Huntington Ingalls Industries, Inc. Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Huntington Ingalls Industries, Inc. Common Stock?
The market capitalization of Huntington Ingalls Industries, Inc. Common Stock is 8.18B
How many shares of Huntington Ingalls Industries, Inc. Common Stock are outstanding?
Huntington Ingalls Industries, Inc. Common Stock has 39.90M shares outstanding.