United States

Profile: Huntington Ingalls Industries Inc (HII.N)

HII.N on New York Stock Exchange

18 Apr 2019
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Huntington Ingalls Industries, Inc., incorporated on August 4, 2010, is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company's business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy. The Company operates through three segments: Ingalls Shipbuilding (Ingalls), Newport News Shipbuilding (Newport News) and Technical Solutions. The Company's Ingalls segment includes its non-nuclear ship design, construction, repair and maintenance businesses. The Company's Newport News includes all of its nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses. The Company's Technical Solutions segment provides a range of professional services, including fleet support, integrated missions solutions, and nuclear and environmental and oil and gas services, to the governmental, energy, and oil and gas markets. The Company conducts majority of its business with the United States Government, principally the Department of Defense (DoD).

Ingalls Shipbuilding

The Company, through its Ingalls segment, designs and constructs non-nuclear ships for the United States Navy and the United States Coast Guard, including amphibious assault ships, surface combatants, and National Security Cutters (NSCs). The Company constructs amphibious assault and expeditionary warfare ships for the United States Navy, which include the United States Navy large deck amphibious ships (LHA) and amphibious transport dock ships (LPD). It is constructing Tripoli (LHA 7). The Company is constructing two San Antonio class (LPD 17) amphibious transport dock ships: Portland (LPD 27) and Fort Lauderdale (LPD 28). It designs and constructs the Arleigh Burke class (DDG 51) guided missile destroyers, a class of surface combatant. It is constructing Ralph Johnson (DDG 114). It is constructing Paul Ignatius (DDG 117), Delbert D. Black (DDG 119) and Frank E. Petersen Jr. (DDG 121). It is constructing Kimball (NSC 7) and Midgett (NSC 8).

Newport News Shipbuilding

The Company, through its Newport News segment, is engaged in designing and constructing nuclear-powered ships, such as aircraft carriers and submarines, and the refueling and overhauls and the inactivation of such ships. It is a contractor for nuclear aircraft carrier Refueling and Complex Overhaul (RCOH). RCOH services include propulsion work (refueling of reactors; propulsion plant modernization, and propulsion plant repairs), restoration of service life (dry docking, tank and void maintenance; hull, shafting, propellers and rudders; launch and recovery system; piping repairs, and component refurbishment), and modernization (electrical systems; aviation support systems; warfare; interoperability, and environmental compliance). It provides ongoing maintenance services for the United States Navy aircraft carrier fleet through both RCOH and fleet support across the globe. It is performing under a contract for the RCOH of USS George Washington (CVN 73). The Company's nuclear submarine program, located at its Newport News shipyard, includes construction, engineering, design, research and integrated planning. Newport News provides additional services to and in support of the United States Navy, ranging from services supporting the Navy's carrier and submarine fleets to maintenance services at the United States Navy training facilities. Fleet services include design, construction, maintenance and disposal activities for in service United States Navy nuclear ships around the world through mobile and in-house capabilities. It also provides maintenance services on nuclear reactor prototypes.

Technical Solutions

The Technical Solutions segment includes businesses that are focused on life-cycle sustainment services to the United States Navy fleet and other maritime customers; information technology (IT) and mission-based solutions for DoD, intelligence and federal civilian customers; nuclear and non-nuclear fabrication, equipment repair and technical engineering services; nuclear management and operations and environmental management services for Department of Energy (DoE), DoD, state and local governments, and private sector companies, and full-service engineering, procurement, construction management (EPCM) and engineering and field services solutions to the oil and gas industry. The Technical Solutions segment consists of its subsidiaries AMSEC, Camber Corporation (Camber), Continental Maritime of San Diego (CMSD), Newport News Industrial Corporation (NNI), Stoller Newport News Nuclear (SN3), Undersea Solutions Corporation (USC) and UniversalPegasus International (UPI).

The Company's fleet support services provide life-cycle sustainment services to the United States Navy fleet and other DoD and commercial maritime customers. Its ship technical and waterfront services include maintenance, modernization and repair on all ship classes; naval architecture, marine engineering and design; integrated logistics support; technical documentation development; warehousing, asset management and material readiness; operational and maintenance training development and delivery; software design and development; IT infrastructure support and data delivery and management, and cyber security and information assurance. In addition to its array of life-cycle sustainment services, it provides undersea vehicle and specialized craft development and prototyping services.

The Company's integrated missions solutions services include IT and mission-based solutions to DoD, intelligence and federal civilian customers, such as the Administrative Office of the United States Courts and the United States Postal Service. The services and solutions it provides are accessible through a portfolio of contract vehicles and include agile software engineering, development and integration; Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) engineering and software integration; mobile application development and network engineering; modeling, simulation, and training; force protection and emergency management training and exercises; unmanned systems development, integration, operations and maintenance, and mission-oriented intelligence, surveillance and reconnaissance analytics.

The Company's nuclear and environmental services focus on nuclear management and operations, and nuclear and non-nuclear fabrication and repair. It provides site management, nuclear and industrial facilities operations and maintenance, decontamination and decommissioning, and radiological and hazardous waste management services to DoE, DoD, state and local governments, and private sector companies. It also provides a range of services, including fabrication, equipment repair and technical engineering services to commercial industries, the National Aeronautics and Space Administration, DoD and DoE. As part of its nuclear and environmental services, it participates in a joint venture, Savannah River Nuclear Solutions, LLC (SRNS), which provides site management and operations at the DoE's Savannah River Site near Aiken, South Carolina. The Company delivers engineering, procurement and construction management services to the oil and gas industry for pipeline, production and treatment facilities. These services include full life-cycle services for domestic and international projects, from concept identification through detail design, execution and construction, and decommissioning. It also offers related field services, including survey, inspection, commissioning and start-up, operations and maintenance, and optimization and debottlenecking.

The Company competes with General Dynamics Corporation.

Company Address

Huntington Ingalls Industries Inc

4101 Washington Ave
NEWPORT NEWS   VA   23607-2734
P: +1757.3802000
F: +1302.6555049

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