Huntington Ingalls Industries (HII) Statistics

Founded in 2011 and based in Newport News, Virginia, Huntington Ingalls Industries Inc (HII) is an American shipbuilding company. As of 2021, HII is the largest military shipbuilder in the United States. The company operates primarily through its two divisions: Ingalls Shipbuilding and Newport News Shipbuilding. Ingalls Shipbuilding is located in Pascagoula, Mississippi, and is responsible for the construction of surface combatants, amphibious assault ships, and national security cutters. Newport News Shipbuilding, located in Newport News, Virginia, specializes in producing nuclear-powered submarines and aircraft carriers. HII’s products play a critical role in ensuring the national security of the United States.

From a valuation perspective, HII exhibits favorable metrics. The company has a market capitalization of over $8 billion, indicating its significant size and presence in the shipbuilding industry. HII's valuation metrics suggest the company is adequately priced relative to its financial performance and prospects. Investors seeking exposure to the defense sector may find HII a compelling opportunity. With a focus on constructing and maintaining advanced naval vessels, HII is poised to benefit from ongoing military modernization and defense spending initiatives. The company's fundamentals are strong, and its track record of delivering high-quality ships to the U.S. Navy speaks to its expertise and reliability.