Type | Public |
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Traded as | (NYSE: HII) |
Industry | Shipbuilding |
Predecessor | Northrop Grumman Ship Systems Northrop Grumman Newport News |
Founded | 2008 (NGS) 2011 (HII) |
Headquarters | Newport News, Virginia, USA |
Key people | Mike Petters, President |
Website | www.huntingtoningalls.com |
Huntington Ingalls Industries (HII) is an American shipbuilding company formed on March 31, 2011 as a spin-off of Northrop Grumman.[1] Formerly known as Northrop Grumman Shipbuilding (NGSB), it was created on 28 January 2008 by the merger of Northrop Grumman's two shipbuilding sectors, Northrop Grumman Ship Systems and Northrop Grumman Newport News.
Mike Petters is currently the president 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. 70% of the current, active US Navy fleet has been built by HII's erstwhile units.
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HII operates facilities in several key locations across the US:
HII's current order backlog amounts to USD 22.4 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.[2]
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.[3]
In April 2011, the US Navy awarded HII a $1.5 billion contract for the construction of John P. Murtha (LPD-26), the tenth of the San Antonio-class amphibious transport docks.[4] This was the first Navy contract awarded to HII, though Ingalls Shipbuilding had already built three ships of the class.