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Aerospace

Huntington Ingalls Industries, Inc.

Company Profile Analysis

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Huntington Ingalls Industries, Inc. - Aerospace showcase

Year Founded & Workforce

2010-12-31

42,000 Employees

Industry

Aerospace

Services

H

Huntington Ingalls Industries, Inc. Overview

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Founded: 2011

Workforce: ~42,000

Company Working: Huntington Ingalls Industries, Inc. (Huntington Ingalls) is a designer and manufacturer of nuclear and non-nuclear ships. The company operates through three business segments, namely, Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. Huntington Ingalls provides prototyping, maintenance, and repair services for naval ships under its Technical Solutions business segment. The company’s prime customers include the US Navy and Coast Guard.

Strategy

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Company Snapshot

$7,441M

Revenue

42,000

Employees

2010-12-31

Founded

Newport News, Virginia, US

Headquarters

SWOT Analysis

Strengths

  • Significant experience in ship manufacturing
  • Established presence in the North American market

Weaknesses

  • No presence in the European market

Opportunities

  • Growth opportunities in developing regions such as Asia-Pacific and the Middle East by acquiring government contracts

Threats

  • Threats from competitors such as Lockheed Martin Corporation and BAE Systems due to large number of military contracts

Key Developments

DateApproachDevelopment
February 2020AgreementHuntington Ingalls signed an agreement with Titan Acquisition Holdings based in the US. Under the agreement, Huntington Ingalls will sell its San Diego Shipyard to Titan Acquisition Holdings.
October 2017ContractHuntington Ingalls signed a contract worth USD 59.7 million with the US Navy to provide overhaul services for the US Navy’s USS Boise (SSN 764) submarine.
September 2017ContractHuntington Ingalls signed a contract worth USD 2.8 billion with the US Navy to provide overhaul and refueling services for the US Navy’s nuclear-powered aircraft carrier, USS George Washington (CVN 73).
August 2017ContractHuntington Ingalls signed a contract with the US Navy to provide repair services for the US Navy’s guided missile destroyer, USS Fitzgerald (DDG 62).
July 2017ContractHuntington Ingalls signed a contract worth USD 219 million with the US Navy to provide maintenance and modernization services for the US Navy’s USS Columbus (SSN 762) submarine.

Product Offering

  • Huntington Ingalls Industries, Inc.
    • Technical Solutions

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Huntington Ingalls Industries, Inc. as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Huntington Ingalls Industries, Inc.

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