Huntington Ingalls Industries Inc - Company Profile
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Business Description
Huntington Ingalls Industries Inc (HII) is a shipbuilding company that designs and maintains nuclear and non-nuclear ships for the US Navy and Coast Guard. It also provides professional services to partners in government and industries across the world. HII’s product portfolio includes aircraft carriers, surface combatants, amphibious assault ships, transport dock ship, national security cutters and submarines. It serves to state and local government customers, including the Department of Defense (DoD), Department of Energy (DoE), and private sector companies. It also provides construction, refueling, technical, and engineering and design services.
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R&D Overview
HII’s R&D arm focuses on independent research and development (IR&D) related to design, development, experimentation, and test activities for government programs. The company provides R&D services in the areas of intelligence, surveillance, and reconnaissance, military training and simulation, cyber, data analytics and other next-generation technology-based solutions to the DoD and intelligence community customers. In FY2023, the company incurred an expenditure of US$35 million on R&D, which as a percentage of revenue stood at 0.3%.
Business Segments
Overview
Designs and constructs non-nuclear ships for the US Navy and US Coast Guard, including amphibious assault ships, expeditionary warfare ships, surface combatants, and national security cutters (NSC).
Performance
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Overview
Develops integrated solutions across artificial Intellengence, LVC solutions, C5ISRMission Based Solutions, Fleet Sustainment, Unmanned Systems and Nuclear and Environmental Services.
Performance
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Overview
Specializes in the design, construction, refueling, overhaul, and repair and maintenance of nuclear-powered ships and submarines. Also builds, designs and refuels the nuclear-powered aircraft carriers.
Performance
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