Huntington Ingalls Industries

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Huntington Ingalls Industries
Type Public
Traded as NYSEHII
Industry Shipbuilding
Predecessor(s) Northrop Grumman Ship Systems
Northrop Grumman Newport News
Founded 2008
(as Northrop Grumman Shipbuilding)
2011
(as Huntington Ingalls Industries)
Headquarters Newport News, Virginia, United States
Key people Mike Petters (President)
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.[1]

It 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 P. Huntington (Newport News) and Robert Ingalls (Pascagoula).

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) .[citation needed]

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.

Facilities[edit]

HII operates facilities in several key locations across the US:

Former Facilities[edit]

Projects[edit]

HII's current order backlog amounts to $22.4 billion.

Gerald R. Ford-class aircraft carriers[edit]

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.[3]

America-class amphibious assault ship[edit]

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.[4]

San Antonio-class amphibious transport dock[edit]

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.[5] This was the first Navy contract awarded to HII, though Ingalls Shipbuilding had already built three ships of the class.

Virginia-class attack submarines[edit]

The US Navy is building Virginia-class submarines as replacements for the Los Angeles-class submarines which are currently being phased out.

Offshore Patrol Cutter[edit]

In 2014 The Government Accountability Office denied a contract appeal by Ingalls for the Offshore Patrol Cutter, finding that the USCG's ranking of the shipyard to be marginal was justified.[6]

References[edit]

  1. ^ Huntington Ingalls Industries
  2. ^ a b c HII 10-K, FY2012, p. 8.
  3. ^ http://www.defenselink.mil/speeches/speech.aspx?speechid=1341
  4. ^ Navy Names New Amphibious Assault Ship
  5. ^ "Ingalls Shipbuilding Awarded U.S. Navy Contract Worth $1.5 Billion to Build Company's 10th San Antonio-Class Amphibious Transport Dock". Huntington Ingalls Industries, Inc. 1 April 2011. Retrieved 2011-04-03. 
  6. ^ "GAO denies protest over Coast Guard patrol cutters". www.stripes.com (The Associated Press). 01 July 2014. Retrieved 01 July 2014. 

External links[edit]