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, US | Map |
| Website | huntingtoningalls.com | |
| Employee Ratings | More |
Recent NewsAll News
- Huntington Ingalls Industries to Host Second Quarter Earnings Conference Call and Webcast on Aug. 6
- Huntington Ingalls Industries Partners With The National CyberWatch Center for Cybersecurity Education
- Huntington Ingalls Industries Reports Fourth Quarter and Full Year 2019 Results
- Huntington Ingalls Industries names new program director for Columbia class sub
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 3 other locations
Newport News, US (HQ)
4101 Washington Ave
Bourne, US
1 Henry Dr, Pocasset
Houston, US
4808 Loop Central Dr #137
Newport News, US
11815 Fountain Way #500
Newport News, US
11850 Jefferson Ave
Pascagoula, 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 (Q1, 2020) | 2.3b |
Gross profit (Q1, 2020) | 423.0m |
Gross profit margin (Q1, 2020), % | 18.7% |
Net income (Q1, 2020) | 172.0m |
EBIT (Q1, 2020) | 215.0m |
Market capitalization (8-Jul-2020) | 6.8b |
Closing stock price (8-Jul-2020) | 167.5 |
Cash (31-Mar-2020) | 28.0m |
EV | 8.5b |
Huntington Ingalls Industries's current market capitalization is $6.8 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.7b | 1.9b | 1.9b | 1.9b | 2.0b | 2.1b | 2.1b | 2.2b | 2.2b | 2.3b |
Cost of goods sold | 1.4b | 1.5b | 1.5b | 1.5b | 1.6b | 1.6b | 1.8b | 1.8b | 1.8b | 1.8b |
Gross profit | 291.0m | 369.0m | 365.0m | 379.0m | 452.0m | 490.0m | 328.0m | 354.0m | 417.0m | 423.0m |
Gross profit Margin, % | 17% | 20% | 20% | 20% | 22% | 24% | 16% | 16% | 19% | 19% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 608.0m | 553.0m | 499.0m | 528.0m | 398.0m | 68.0m | 51.0m | 29.0m | 32.0m | 28.0m |
Accounts Receivable | 1.2b | 1.2b | 1.2b | 343.0m | 364.0m | 472.0m | 375.0m | 564.0m | 489.0m | 418.0m |
Prepaid Expenses | 47.0m | 75.0m | 57.0m | 87.0m | 138.0m | 100.0m | 119.0m | 145.0m | 147.0m | 40.0m |
Inventories | 230.0m | 204.0m | 183.0m | 188.0m | 174.0m | 180.0m | 127.0m | 126.0m | 139.0m | 154.0m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 119.0m | 266.0m | 415.0m | 156.0m | 395.0m | 624.0m | 118.0m | 246.0m | 400.0m | 172.0m |
Depreciation and Amortization | 54.0m | 105.0m | 157.0m | 51.0m | 105.0m | 160.0m | 53.0m | 107.0m | 163.0m | 59.0m |
Inventories | (20.0m) | 5.0m | 18.0m | (5.0m) | 9.0m | 3.0m | (2.0m) | (1.0m) | (14.0m) | (6.0m) |
Accounts Payable | (56.0m) | (74.0m) | (41.0m) | 56.0m | 78.0m | 109.0m | 147.0m | 107.0m | 147.0m | 46.0m |
| USD | Q1, 2017 |
|---|---|
Debt/Equity | 0.8 x |
Debt/Assets | 0.2 x |
Financial Leverage | 3.8 x |
Huntington Ingalls Industries Operating Metrics
Huntington Ingalls Industries's Backlog was reported to be $45.2b in Q1, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
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 |
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 |
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 Cybersecurity Score
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 Online and Social Media Presence
8.31k Twitter followers
Huntington Ingalls Industries has 8.31k Twitter Followers. The number of followers has increased 0.3% month over month and increased 1.7% quarter over quarter
Huntington Ingalls Industries's Trends
Twitter Engagement Stats for @HIIndustries
17.5k
Tweets
1.3k
Following
8.3k
Followers
84
Tweets last 30 days
0.9
Avg. likes per Tweet
100%
Tweets with engagement
Huntington Ingalls Industries News and Updates
July 09, 2020
Huntington Ingalls Industries to Host Second Quarter Earnings Conference Call and Webcast on Aug. 6
NEWPORT NEWS, Va., July 09, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) will release its second quarter 2020 financial results on Thursday, Aug. 6 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.
March 31, 2020
Huntington Ingalls Industries Partners With The National CyberWatch Center for Cybersecurity Education
NEWPORT NEWS, Va., March 31, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) has joined the National CyberWatch Center for Cybersecurity Education, the largest network of information security educators and institutions of higher education in the world. As a strong advocate of sci…
February 13, 2020
Huntington Ingalls Industries Reports Fourth Quarter and Full Year 2019 Results
NEWPORT NEWS, Va., Feb. 13, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported fourth quarter 2019 revenues of $2.4 billion, up 9.7% from the fourth quarter of 2018. Operating income in the quarter was $186 million and operating margin was 7.7%, compared to $213 million an…
January 21, 2020
Huntington Ingalls Industries names new program director for Columbia class sub
The new program director will lead construction of Columbia-class submarines at HII and serve as a liaison between lead contractor General Dynamics Electric Boat and the U.S. Navy.
November 07, 2019
Huntington Ingalls Industries Reports Third Quarter 2019 Results
NEWPORT NEWS, Va., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) reported third quarter 2019 revenues of $2.2 billion, up 6.5% from the third quarter of 2018. The increase was driven primarily by growth at HII’s Technical Solutions division from recent acquisitions and…
October 10, 2019
Huntington Ingalls Industries to Host Third Quarter Earnings Conference Call and Webcast on Nov. 7
NEWPORT NEWS, Va., Oct. 10, 2019 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) will release its third quarter 2019 financial results on Thursday, Nov. 7 and host an earnings conference call at 9 a.m. EST the same day. The call will be webcast live on HII’s website: http://www.huntingtoningalls.com.
Huntington Ingalls Industries Blogs
February 10, 2020
Huntington Ingalls Industries to Host Fourth Quarter Earnings Conference Call and Webcast on Thursday
What: Huntington Ingalls Industries’ fourth quarter 2019 earnings conference call
Who: Mike Petters, president and CEO, and Chris Kastner, executive vice president and chief financial officer
When: 9 a.m. EST Thursday
Where: Live webcast: www.huntingtoningalls.com
NEWPORT NEWS, Va., Feb. 10, 2020 (…
January 23, 2020
Huntington Ingalls Industries Awarded $954 Million Intelligence, Surveillance and Reconnaissance Contract by U.S. GSA FEDSIM
NEWPORT NEWS, Va., Jan. 23, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that it has been awarded a General Services Administration One Acquisition Solution for Integrated Services (OASIS) task order to provide Persistent Multi-Role Operations (PMRO) support to …
January 17, 2020
Photo Release--Huntington Ingalls Industries Awards More Than $99,000 in STEM Grants to Gulf Coast Schools
PASCAGOULA, Miss., Jan. 17, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) Ingalls Shipbuilding division has awarded $99,592 in grants to 28 STEM-related initiatives from schools and educational organizations in Mississippi and Alabama.
This is the program’s 12th year. Ingalls h…
January 08, 2020
Photo Release--One Community Transformation Grant To Support STEM Programs For Newport News Public School Students
NEWPORT NEWS, Va., Jan. 08, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today its Newport News Shipbuilding division has awarded a grant to the Newport News Educational Foundation to enhance STEM learning opportunities for city students.
The Newport News Education F…
December 20, 2019
PHOTO RELEASE--Huntington Ingalls Industries Wins Planning Yard Contract Worth A Potential $453.4 Million
PASCAGOULA, Miss., Dec. 20, 2019 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has been awarded a contract with a potential total value of $453.4 million for planning yard services in support of in-service Ticonderoga-class cru…
December 20, 2019
PHOTO RELEASE—Huntington Ingalls Industries Awarded Submarine Planning Yard Contract Worth A Potential $454 Million
NEWPORT NEWS, Va., Dec. 20, 2019 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that its Newport News Shipbuilding division has been awarded a planning yard design services contract with a potential total value of $454.1 million for nuclear-powered submarines. The co…
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 BAE Systems, Endur 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 3 other locations.
How many offices does Huntington Ingalls Industries have?
Huntington Ingalls Industries has 9 offices.
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