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Northrop Grumman Shipbuilding

Huntington Ingalls Industries, Inc.
Public
Traded as HII
S&P 400 Component
Industry Defense, Shipbuilding
Predecessor Northrop Grumman Shipbuilding
Founded March 31, 2011; 6 years ago (2011-03-31)
Founder Collis Potter Huntington and Robert Ingersoll Ingalls, Sr.
Headquarters Newport News, Virginia, United States
Area served
Worldwide
Key people
Thomas B. Fargo (Chairman)
C. Michael Petters (President and CEO)
Revenue US$ 7.02 billion (2015)
US$ 404 million (2015)
Number of employees
<37,000
Divisions Newport News Shipbuilding
Ingalls Shipbuilding
Website www.huntingtoningalls.com

Huntington Ingalls Industries (HII) is an American Fortune 500 shipbuilding company formed on March 31, 2011 as a spin-off of Northrop Grumman.

Mike Petters is currently the president and CEO of Huntington Ingalls Industries (formerly president of the Newport News shipyard and president of the Northrop Grumman Shipbuilding).

HII is the sole designer, builder, and refueler of nuclear-powered aircraft carriers in the United States. It is one of two nuclear-powered submarine builders (the other being General Dynamics Electric Boat). 70 percent of the current, active US Navy fleet has been built by HII's erstwhile units.

Huntington Ingalls Industries was formerly known as Northrop Grumman Shipbuilding (NGSB), created on January 28, 2008 by the merger of Northrop Grumman's two shipbuilding sectors, Northrop Grumman Ship Systems and Northrop Grumman Newport News. The company takes its name from the founders of its two main facilities: Collis Potter Huntington (Newport News) and Robert Ingalls (Pascagoula).

HII operates facilities in several key locations across the US:

HII's 2016 order backlog amounts to $20.5 billion.

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.

The US Navy awarded HII a $2.4 billion fixed-price incentive contract for the detail design and construction of the amphibious assault ship America (LHA-6), the lead ship of her class. Work will be performed primarily at the company's shipyard in Pascagoula, Miss., and ship delivery is scheduled for 2012.


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