HII
HII (HII) is a publicly traded Established Primes company founded in 2011 and based in Newport News, United States.
HII became an independent public company on March 31, 2011, when Northrop Grumman spun off its shipbuilding business; its Newport News shipyard dates to 1886 and its Ingalls yard to 1938. It is headquartered in Newport News, Virginia, and trades on the NYSE as HII. Newport News Shipbuilding designs, builds and refuels the Navy's nuclear-powered aircraft carriers, including the Gerald R. Ford class, and builds Virginia-class submarines with General Dynamics Electric Boat. Ingalls Shipbuilding in Pascagoula, Mississippi, builds amphibious assault ships, Arleigh Burke-class destroyers and Coast Guard national security cutters. A third segment, Mission Technologies, sells C5ISR, AI, cyber and electronic warfare, training, nuclear operations and unmanned systems. Revenue comes mainly from US government contracts, and the US Navy accounted for about 81% of 2025 revenue of $12.48 billion. Second-quarter 2026 revenue rose 10.9% to $3.4 billion, and backlog stood at $57.3 billion on June 30, 2026.
HII builds and refuels the US Navy's nuclear aircraft carriers, builds its large-deck amphibious ships, and builds Virginia-class attack submarines and Columbia-class modules alongside Electric Boat. It booked $6.7 billion of new awards in the second quarter of 2026 and on July 30, 2026 raised its 2026 shipbuilding revenue guidance to $10.2 billion to $10.4 billion. Ingalls won lead-yard support for the Navy's FF(X) frigate, and the Navy advanced HII's ROMULUS drone boat to the evaluation phase of its MUSV program.
At a glance
Total raised
Undisclosed
Headcount
10k+
Headquarters
Newport News
United StatesFounded
2011
Status
Public
Subsector
Defense, ranked
Top 25 Defense companies →Funding history
Total raised
—
Rounds tracked
0
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
