Huntington Ingalls Industries
OverviewSuggest Edit
Huntington Ingalls Industries (HII) is a military shipbuilding company and a provider of professional services to the governmental, energy, and oil and gas markets. It is organized into 3 reportable segments: Ingalls Shipbuilding ("Ingalls"), Newport News Shipbuilding ("Newport News"), and Technical Solutions. The Ingalls segment is engaged in building amphibious assault and expeditionary warfare ships, as well as fleet of Arleigh Burke class (DDG 51) destroyers. The Newport News segment designs, builds, and refuels nuclear-powered aircraft carriers and submarines. The Technical Solutions segment provides a range of professional services, including fleet support, mission-driven innovative solutions ("MDIS"), nuclear and environmental, and oil and gas services.
| Type | Public | |
| Founded | 2011 | |
| HQ | Newport News, VA, US | Map |
| Website | huntingtoningalls.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
- Huntington Ingalls Industries to Host Fourth Quarter Earnings Conference Call and Webcast on Feb. 11
- Photo Release — Huntington Ingalls Industries Appoints Thomas Moore as New Vice President of Nuclear Operations for Nuclear and Environmental Services
- Huntington Ingalls Industries Begins Fabrication of Destroyer Jeremiah Denton (DDG 129)
- PHOTO RELEASE — Huntington Ingalls Industries Expands Unmanned Capabilities By Acquiring Autonomy Business from Spatial Integrated Systems
Key People/Management at Huntington Ingalls Industries
Mike Petters
President, Chief Executive Officer, and Director
Kirkland H. Donald
Chairman of the Board
Bharat Amin
Executive Vice President and Chief Information Officer
Chad Boudreaux
Executive Vice President and Chief Legal Officer
Jennifer Boykin
Executive Vice President and President, Newport News Shipbuilding
Brian Cuccias
Executive Vice President and President, Ingalls Shipbuilding
Huntington Ingalls Industries Office Locations
Huntington Ingalls Industries has offices in Newport News, Bourne, Houston, Pascagoula and in 2 other locations
Newport News, VA, US (HQ)
4101 Washington Ave
Bourne, MA, US
Henry Dr
Houston, TX, US
4808 Loop Central Dr #137
Newport News, VA, US
11815 Fountain Way #500
Newport News, VA, US
11850 Jefferson Ave
Pascagoula, MS, US
1000 Jerry St. Pé Hwy.
Huntington Ingalls Industries Financials and Metrics
Huntington Ingalls Industries Revenue
Huntington Ingalls Industries's revenue was reported to be $8.90 b in FY, 2019 which is a 8.8% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 1.7b |
Gross profit (Q3, 2020) | 311.0m |
Gross profit margin (Q3, 2020), % | 18.3% |
Market capitalization (19-Jan-2021) | 6.9b |
Closing stock price (19-Jan-2021) | 170.6 |
Cash (30-Sept-2020) | 744.0m |
EV | 8.5b |
Huntington Ingalls Industries's current market capitalization is $6.9 b.
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 528.0m | 398.0m | 68.0m | 51.0m | 29.0m | 32.0m | 28.0m | 631.0m | 744.0m |
Accounts Receivable | 343.0m | 364.0m | 472.0m | 375.0m | 564.0m | 489.0m | 418.0m | 494.0m | 492.0m |
Prepaid Expenses | 87.0m | 138.0m | 100.0m | 119.0m | 145.0m | 147.0m | 40.0m | 43.0m | 42.0m |
Inventories | 188.0m | 174.0m | 180.0m | 127.0m | 126.0m | 139.0m | 154.0m | 160.0m | 152.0m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 156.0m | 395.0m | 624.0m | 118.0m | 246.0m | 400.0m | 172.0m | 225.0m | 447.0m |
Depreciation and Amortization | 51.0m | 105.0m | 160.0m | 53.0m | 107.0m | 163.0m | 59.0m | 118.0m | 177.0m |
Inventories | (5.0m) | 9.0m | 3.0m | (2.0m) | (1.0m) | (14.0m) | (6.0m) | (13.0m) | |
Accounts Payable | 56.0m | 78.0m | 109.0m | 147.0m | 107.0m | 147.0m | 46.0m | 172.0m | 315.0m |
| USD | FY, 2017 |
|---|---|
EV/EBIT | 13.5 x |
EV/CFO | 14.3 x |
Revenue/Employee | 199.3k |
Debt/Equity | 0.9 x |
Debt/Assets | 0.3 x |
Financial Leverage | 3.6 x |
P/E Ratio | 22.5 |
Huntington Ingalls Industries Operating Metrics
Huntington Ingalls Industries's Backlog was reported to be $46.1b in Q2, 2020.
| FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $21.02 b | $19.95 b | $21.07 b | $22.61 b | $21.37 b | $22.08 b | $21.22 b | $21.90 b | $23 b | $40.60 b | $39.38 b | $39.23 b | $46.50 b | $45.20 b | $46.10 b |
Backlog Funded | $12.54 b | $12.74 b | $14 b | $14.49 b | $13.37 b | $14.93 b | $14.97 b | $16.65 b | $17.05 b | $19.95 b | $18.90 b | $17.80 b | $17.91 b | $20.76 b | $21.35 b |
Backlog Unfunded | $8.48 b | $7.21 b | $7.07 b | $8.12 b | $7.99 b | $7.15 b | $6.24 b | $5.25 b | $5.95 b | $20.65 b | $20.48 b | $21.43 b | $28.58 b | $24.40 b | $24.72 b |
Backlog Funded (Ingalls) | $6.03 b | $5.59 b | $6.89 b | $6.47 b | $5.92 b | $7.09 b | $6.56 b | $8.69 b | $9.94 b | $10.83 b | $10.34 b | $9.71 b | $9.06 b | $9.46 b | $10.09 b |
Huntington Ingalls Industries Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Fulcrum | January 18, 2019 | |
| G2 | December 03, 2018 | |
| Camber Corporation | November 02, 2016 | |
| Engineering Solutions - The Columbia Group | January 30, 2015 | |
| UniversalPegasus International | May 16, 2014 | |
| The S.M. Stoller Corporation. | January 02, 2014 | |
| AC Technologies, Inc. | ||
| Avondale Engineering & Construction Company | ||
| CyberCENTS Solutions LLC | ||
| Fleet Services Holding Corp. |
Huntington Ingalls Industries Revenue Breakdown
Huntington Ingalls Industries revenue breakdown by business segment: 28.2% from Ingalls , 57.3% from Newport News and 14.5% from Technical Solutions
Huntington Ingalls Industries Cybersecurity Score
Huntington Ingalls Industries Environment, Social & Governance (ESG) Ratings
Huntington Ingalls Industries Online and Social Media Presence
8.53k Twitter followers
Huntington Ingalls Industries has 8.53k Twitter Followers. The number of followers has decreased 0.9% month over month and decreased 0.4% quarter over quarter
Huntington Ingalls Industries's Trends
Twitter Engagement Stats for @HIIndustries
18k
Tweets
1.3k
Following
8.5k
Followers
51
Tweets last 30 days
2.6
Avg. likes per Tweet
100%
Tweets with engagement
Huntington Ingalls Industries Company Culture
Overall Culture
C+
67/100
CEO Rating
B
70/100
Compensation
B
69/100
Diversity
D-
48/100
Huntington Ingalls Industries News and Updates
January 14, 2021
Huntington Ingalls Industries to Host Fourth Quarter Earnings Conference Call and Webcast on Feb. 11
NEWPORT NEWS, Va., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) will release its fourth quarter 2020 financial results on Thursday, Feb. 11 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII’s website: http://www.huntingtoningalls.com.
January 13, 2021
Photo Release — Huntington Ingalls Industries Appoints Thomas Moore as New Vice President of Nuclear Operations for Nuclear and Environmental Services
NEWPORT NEWS, Va., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries’ (NYSE: HII) Technical Solutions division announced today that Vice Adm. Thomas Moore (U.S. Navy, Ret.) has been named vice president of nuclear operations for its Nuclear and Environmental Services business group. …
January 07, 2021
Huntington Ingalls Industries Begins Fabrication of Destroyer Jeremiah Denton (DDG 129)
PASCAGOULA, Miss., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division officially started fabrication of the Arleigh Burke-class (DDG 51) destroyer Jeremiah Denton (DDG 129) today. The start of fabrication signifies the first 100 tons of steel…
January 04, 2021
PHOTO RELEASE — Huntington Ingalls Industries Expands Unmanned Capabilities By Acquiring Autonomy Business from Spatial Integrated Systems
NEWPORT NEWS, Va., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that it has acquired the autonomy business of Spatial Integrated Systems Inc. (SIS). The acquisition further expands HII’s unmanned systems capabilities with this highly skilled team and …
December 21, 2020
Huntington Ingalls Industries Delivers REMUS 100 UUVs to the German Navy
NEWPORT NEWS, Va., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that it delivered new REMUS 100 Unmanned Underwater Vehicles (UUVs) to the German Navy. The vehicles will be used to expand the German Navy’s current fleet of REMUS 100 UUVs used for mine…
December 18, 2020
PHOTO RELEASE — Huntington Ingalls Industries Announces Two Senior Executive Team Organizational Changes
NEWPORT NEWS, Va., Dec. 18, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries announced today that Christopher D. Kastner, executive vice president and HII’s chief financial officer, has been promoted to a new position of executive vice president and chief operating officer. Additionally, Tho…
Huntington Ingalls Industries Blogs
January 20, 2021
Huntington Ingalls Industries Awards More Than $99,000 in STEM Grants to Gulf Coast Schools
PASCAGOULA, Miss., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division has awarded $99,890 in grants to 26 schools and educational organizations in Mississippi and Alabama for science, technology, engineering and math initiatives.
“The educator…
November 11, 2020
Photo Release -- Huntington Ingalls Industries Receives 2020 HIRE Vets Medallion Award from U.S. Department of Labor
NEWPORT NEWS, Va., Nov. 11, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) received the Gold 2020 HIRE Vets Medallion Award from the U.S. Department of Labor during a virtual ceremony on Tuesday.
U.S. Secretary of Labor Eugene Scalia recognized HII as one of the 675 recipients o…
November 06, 2020
Video Release — Ingalls Shipbuilding and Newport News Shipbuilding Recognized for Workplace Health Achievement
NEWPORT NEWS, Va., Nov. 06, 2020 -- Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding and Newport News Shipbuilding divisions have achieved national gold level recognition from the American Heart Association for taking significant steps to build a culture of health in the workplace.
T…
September 12, 2020
Video Release — Virginia-Class Submarine Montana (SSN 794) Christened during Virtual Ceremony at Newport News Shipbuilding
NEWPORT NEWS, Va. (Sept. 12, 2020) -- In its first ceremony celebrating the U.S. Navy’s newest fast-attack submarine in front of a virtual audience, Huntington Ingalls
With one solid swing, the ship’s sponsor, former Secretary of the Interior Sally Jewell christened the Virginia-class submarine Mo…
September 04, 2020
Photo Release - - Destroyer Delbert D. Black (DDG 119) Sails Away from Ingalls Shipbuilding
PASCAGOULA, Miss., Sept. 04, 2020 (GLOBE NEWSWIRE) -- Destroyer Delbert D. Black departed from Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division today, sailing to its homeport in Mayport, Florida.
Destroyer Delbert D. Black (DDG 119) sails away from Ingalls Shipbuilding to t…
August 25, 2020
Photo Release — Newport News Shipbuilding Welcomes Family to New Habitat for Humanity Home
NEWPORT NEWS, Va., Aug. 25, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries' (NYSE: HII) Newport News Shipbuilding division is celebrating the completion of the 18th home its volunteers built in collaboration with Habitat for Humanity Peninsula and Greater Williamsburg.
Newport News Shipbui…
Huntington Ingalls Industries Frequently Asked Questions
When was Huntington Ingalls Industries founded?
Huntington Ingalls Industries was founded in 2011.
Who are Huntington Ingalls Industries key executives?
Huntington Ingalls Industries's key executives are Mike Petters, Kirkland H. Donald and Bharat Amin.
How many employees does Huntington Ingalls Industries have?
Huntington Ingalls Industries has 42,000 employees.
What is Huntington Ingalls Industries revenue?
Latest Huntington Ingalls Industries annual revenue is $8.9 b.
What is Huntington Ingalls Industries revenue per employee?
Latest Huntington Ingalls Industries revenue per employee is $211.9 k.
Who are Huntington Ingalls Industries competitors?
Competitors of Huntington Ingalls Industries include BWX Technologies, Hyundai Heavy Industries and General Dynamics.
Where is Huntington Ingalls Industries headquarters?
Huntington Ingalls Industries headquarters is located at 4101 Washington Ave, Newport News.
Where are Huntington Ingalls Industries offices?
Huntington Ingalls Industries has offices in Newport News, Bourne, Houston, Pascagoula and in 2 other locations.
How many offices does Huntington Ingalls Industries have?
Huntington Ingalls Industries has 8 offices.
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