Huntington Ingalls Industries
Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII, ranked No. 375 on the Fortune 500, was formed on 31 March 2011, as a divestiture from Northrop Grumman.[5][6]
| HII | |
| Type | Public company |
| Industry |
|
| Predecessor | Northrop Grumman Shipbuilding |
| Founded | March 31, 2011 |
| Founder | Named after Collis Potter Huntington and Robert Ingersoll Ingalls Sr. |
| Headquarters | , U.S. |
Area served | Worldwide |
Key people | Kirkland H. Donald (Chairman)[1] Christopher D. Kastner (President and CEO)[2] Jennifer Boykin (Vice president)[3] |
| Revenue | US$10.7 billion (2022) |
| US$565 million (2022) | |
| US$579 million (2022) | |
| Total assets | US$10.9 billion (2022) |
| Total equity | US$3.49 billion (2022) |
Number of employees | c. 43,000 (2022) |
| Divisions |
|
| Website | hii |
| Footnotes / references [4] | |
HII comprises three divisions: Newport News Shipbuilding, Ingalls Shipbuilding, and Mission Technologies. HII's Newport News and Ingalls Shipbuilding divisions in Virginia and Mississippi, respectively, have built more ships in more ship classes than any other U.S. naval shipbuilder.
In April 2022, Huntington Ingalls Industries changed its branding name to HII.[7]
History Edit
When it spun off as a new company on 31 March 2011, Huntington Ingalls Industries comprised Northrop Grumman’s shipbuilding businesses in Newport News, Virginia, Pascagoula, Mississippi, and Avondale, Louisiana[8] (Closed in 2014) .
Since its creation, HII has built and expanded its professional and government services through the acquisitions of UniversalPegasus International, the S.M. Stoller Corporation, Camber Corporation, Novonics, the Columbia Group's Engineering Solutions division, G2 Inc., Alion Science and Technology, and Fulcrum IT Services.
In 2016, HII established a third division, Technical Solutions,[9] comprising the company's services capabilities.
Huntington Ingalls Industries is named for the founders of its shipbuilding divisions: Collis Potter Huntington, who founded Newport News Shipbuilding and Drydock Company, and Robert Ingersoll Ingalls Sr., who established Ingalls Shipbuilding.
Divisions Edit
- Newport News Shipbuilding, Newport News, Virginia (U.S. Navy nuclear aircraft carriers, submarines, refueling and complex overhaul, carrier inactivation)
- Ingalls Shipbuilding, Pascagoula, Mississippi (U.S. Navy surface combatants, amphibious warships, and U.S. Coast Guard National Security Cutters)
- Mission Technologies, (U.S. unified combatant command support, U.S. Navy fleet support, USAF and Air National Guard training support,[10] software engineering and IT solutions, cybersecurity, other DoD training, unmanned systems, intelligence analysis, Department of Energy nuclear operations, nuclear fabrication, oil and gas services)
Facilities Edit
HII operates facilities in several key locations across the US:
- Newport News Shipbuilding, Newport News, Virginia (nuclear-powered aircraft carriers and submarines, refueling and complex overhaul, aircraft carrier inactivation)
- Ingalls Shipbuilding, Pascagoula, Mississippi (U.S. Navy surface combatants, amphibious assault ships; U.S. Coast Guard national security cutters)
- Virginia Beach, Virginia (fleet support, training)
- San Diego, California (fleet support and repair)
- Huntsville, Alabama (modeling and simulation, training, professional services)
- Fairfax, Virginia (IT and cybersecurity services)
Former facilities Edit
- Gulfport, Mississippi (composite R&D, composite components)
- Tallulah, Louisiana (components and subassemblies, closed in 2011)[11]
- Waggaman, Louisiana (closed in 2011)[11]
- Avondale Shipyard, New Orleans, Louisiana (amphibs, auxiliaries, closed in October 2014)[12]
Projects Edit
HII's 2019 order backlog amounts to $41 billion.[13]
Gerald R. Ford-class aircraft carriers Edit
HII is to build ten Gerald R. Ford-class aircraft carriers for the US Navy. It is scheduled to deliver one carrier every five years starting in 2015.[14]
In 2019, the U.S. Navy awarded Huntington Ingalls Industries a $15.2 billion block contract for the detail design and construction of Enterprise (CVN-80) and Doris Miller (CVN-81).[15]
Aircraft carrier Refueling and Complex Overhaul (RCOH) Edit
Newport News Shipbuilding (NNS) is the only shipyard to perform RCOH work on Nimitz-class aircraft carriers. The nearly four-year project is performed once during a carrier's 50-year life and includes refueling of nuclear reactors, as well as significant repair, upgrade and modernization work.
NNS completed RCOH work on the fifth ship, USS Abraham Lincoln (CVN-72), in May 2017, and USS George Washington (CVN-73) arrived in August 2017 to begin its RCOH.[16] NNS is currently supporting the pre-advanced planning effort for the USS John C. Stennis (CVN-74) RCOH.[17]
Aircraft carrier inactivation Edit
Newport News is the only shipyard to provide for the inactivation of nuclear-powered aircraft carriers. Once the service life of a carrier is complete, the ship comes to the shipyard for defueling of its nuclear reactors. The inactivation of the USS Enterprise (CVN-65) is complete, and is the first nuclear carrier to undergo the process.[18]
Virginia-class attack submarines Edit
Newport News is one of only two US shipyards capable of designing and building nuclear-powered submarines. Currently, NNS is building the most advanced attack submarines in the world—the Virginia class. NNS has delivered 17 Virginia-class boats and work continues on 11 boats. Indiana (SSN 789) was delivered to the U.S. Navy in June 2018.[19]
Submarine design and engineering Edit
Newport News Shipbuilding designs and provides on-site installation of state-of-the-art technologies for the Los Angeles-class and Seawolf-class attack submarines. NNS also supports Electric Boat on the Columbia-class ballistic missile submarine program.
America-class amphibious assault ships Edit
USS America (LHA 6) was delivered in April 2014 and commissioned 11 October 2014.[20] It is first in the new class of amphibious assault ships for the U.S. Navy, replacing USS Tarawa (LHA 1). Ingalls’ next ship in the class, Tripoli (LHA 7), is scheduled to be delivered in 2019. The ship was christened on 16 September 2017.[21]
On 16 June 2017, Ingalls Shipbuilding was awarded $3.1 billion contract to build Bougainville (LHA 8). Construction started on LHA 8 on 15 October 2018, and the ship's keel was laid on 13 March 2019.[22]
Arleigh Burke-class destroyers Edit
On 27 September 2018, Ingalls Shipbuilding won a $5.1 billion multi-year contract to build an additional six DDG-51s.[23] These destroyers are equipped with the Navy's Aegis Combat System. The first Flight III ship, Jack. H. Lucas (DDG-125), started fabrication on 7 May 2018.[24] Ingalls has built and delivered 31 ships to the U.S. Navy, with four more under construction. Paul Ignatius (DDG-117), is scheduled for commissioning on 27 July in Fort Lauderdale, Florida.[25]
San Antonio-class landing platform docks (LPDs) Edit
Ingalls Shipbuilding is building the entire San Antonio class of ships, the newest addition to the Navy's 21st century amphibious assault force. LPDs 17 to 27 have been delivered to the U.S. Navy. Ingalls currently has two San Antonio-class ships under construction. The keel of Fort Lauderdale (LPD-28) was authenticated in the fall of 2017,[26] and the ship is scheduled to be launched in the first quarter of 2020. The keel of Richard M. McCool Jr. (LPD-29)[27] was authenticated on 12 April 2019. On 26 March 2019, Ingalls received a $1.4 billion detailed design and construction contract for the first Flight II ship, LPD-30.[28]
U.S. Coast Guard National Security Cutters Edit
National Security Cutters, also referred to as the Legend Class, are the flagships of the Coast Guard's cutter fleet, and are designed to replace the 378-foot Hamilton-class high-endurance cutters, which entered service during the 1960s. The current Program of Record is for 11 ships, of which the first eight have been successfully delivered to the U.S. Coast Guard. Construction is underway on the company's ninth NSC, Stone (WMSL 758). On 21 December 2018, Ingalls received two contracts from the U.S. Coast Guard to build a 10th and 11th NSC. The contracts are valued at $468.75 million and $462.13 million, respectively.[29]
Technical Solutions / Mission Technologies contracts Edit
- Technical Solutions’ Mission Driven Innovative Solutions group (HII-MDIS) is providing the U.S. Army's Product Manager Force Protection Systems maintenance, repair, supply support, fielding, engineering, configuration management and training.[30]
- Technical Solutions' Fleet Support Group is providing engineering, technical, repair and logistical support to the U.S. Navy's Coastal Riverine Forces.[31]
- Through a joint venture (as N3B) to manage the Los Alamos Legacy Cleanup Contract at the Department of Energy's Los Alamos National Laboratory (LANL).[32]
- In a joint venture with Kellogg Brown and Root's (KBR) Government Services division, HII's Technical Solutions division to establish and manage Australia's new Naval Shipbuilding College.[33]
References Edit
- ^ Huntington Ingalls Industries. "Kirkland H. Donald – Huntington Ingalls Industries". Retrieved 5 April 2022.
- ^ Huntington Ingalls Industries. "Christopher D. Kastner – Huntington Ingalls Industries". Retrieved 5 April 2022.
- ^ "Jennifer Boykin – Huntington Ingalls Industries". Huntington Ingalls Industries. Retrieved 5 April 2022.
- ^ "Huntington Ingalls Industries Inc. 2022 Form 10-K". United States Securities and Exchange Commission. 9 February 2023. Retrieved 31 March 2023.
- ^ . Huntington Ingalls Industries newsroom (Press release). Archived from the original on 21 January 2021. Retrieved 5 June 2019.
- ^ Industries, Huntington Ingalls. . Huntington Ingalls Newsroom. Archived from the original on 21 January 2021. Retrieved 5 June 2019.
- ^ "HII, known as a shipbuilder, pursues pivot to global defense tech company". defensenews.com. 8 April 2022. Retrieved 2 November 2022.
- ^ "HII Closes Sale of Shuttered Avondale Shipyard". 4 October 2018.
- ^ "Huntington Ingalls Industries Completes Acquisition of Camber Corp. And Forms New Technical Solutions Division". Huntington Ingalls Industries Newsroom.
- ^ "Huntington Ingalls Wins Air National Guard Training Support Contract". 27 April 2020.
- ^ a b HII 10-K, FY2012, p. 8.
- ^ "HII 2014 10-K". sec.gov. Retrieved 12 January 2018.
- ^ "Huntington Ingalls Industries Reports First Quarter 2019 Results". Huntington Ingalls Industries Newsroom.
- ^ . Archived from the original on 3 December 2009. Retrieved 30 July 2009.
- ^ Office of the Navy Chief of Information. "Navy Awards Contract for Construction of Two Carriers". U.S. Navy.
- ^ Eckstein, Megan (29 August 2017). "USS George Washington Begins Midlife Refueling, Overhaul With Benefit of Lessons From 5 Previous Aircraft Carriers". USNI News.
- ^ Larter, David (14 August 2018). "US Navy supercarrier John C. Stennis is headed for a complex overhaul". Defense News.
- ^ Lessig, Hugh (9 April 2018). "Big E is officially inactivated, but will stick around". Daily Press.
- ^ Naval Sea Systems Command Public Affairs (26 June 2018). "Future USS Indiana Delivered to Navy". U.S. Navy.
- ^ Team Ships Public Affairs (28 April 2014). "Navy Accepts Delivery of the future USS America (LHA 6)".
- ^ "Huntington Ingalls Industries Christens Amphibious Assault Ship Tripoli (LHA 7)". Huntington Ingalls Industries Newsroom. 16 September 2017.
- ^ Eckstein, Megan (19 June 2017). "Huntington Ingalls Awarded $3B Construction Contract for Amphib Bougainville". USNI News.
- ^ Kulo, Warren (28 September 2018). "Ingalls awarded $5.1 billion multiyear contract to build six more destroyers". Gulf Live.
- ^ Team Ships Public Affairs (17 May 2018). "DDG-51 Program Marks Start of Construction Milestones at BIW, HII".
- ^ WLOX (22 February 2019). "USS Paul Ignatius now the property of U.S. Navy".
- ^ Team Ships Public Affairs (14 October 2017). "Future USS Fort Lauderdale Keel Authenticated".
- ^ Seapower Staff (15 April 2019). "Future USS Richard M. McCool Jr. Keel Authenticated". Seapower Magazine.
- ^ "Huntington Ingalls Industries Awarded $1.47 Billion for Construction of U.S. Navy's First Flight II LPD". Huntington Ingalls Industries Newsroom. 26 March 2019.
- ^ "Coast Guard Awards Production For 10th and 11th National Security Cutters". United States Coast Guard. 21 December 2018.
- ^ "Huntington Ingalls Industries Awarded U.S. Army Contract To Support Non-Intrusive Inspection Systems". Huntington Ingalls Industries Newsroom. 11 February 2019.
- ^ "Huntington Ingalls Industries Wins Navy Expeditionary Equipment Readiness Support Contract". Huntington Ingalls Industries Newsroom. 24 September 2018.
- ^ "N3B Joint Venture to Begin Transition for Los Alamos Legacy Cleanup Contract". Huntington Ingalls Industries Newsroom. 24 January 2018.
- ^ "Huntington Ingalls Industries and KBR Awarded Contract to Establish and Manage Australia's Naval Shipbuilding College". Huntington Ingalls Industries Newsroom. 3 April 2018.
External links Edit
- Official website
- Business data for Huntington Ingalls Industries, Inc.:
- Bloomberg
- Reuters
- SEC filings
- Yahoo!