With a market cap of $11.7 billion, Huntington Ingalls Industries, Inc. (HII) is America’s largest shipbuilder, providing advanced naval vessels, unmanned systems and mission technologies to U.S. and allied defense customers. With more than 140 years of experience and a workforce of 45,000, the Virginia-based company supports national security across shipbuilding, C6ISR, AI/ML, electronic warfare and synthetic training.
Shares of the Newport News, Virginia-based company have lagged behind the broader market over the past 52 weeks. HII stock has risen 7.6% over this time frame, while the broader S&P 500 Index ($SPX) has returned 19.3%. Moreover, shares of the company are down 12.6% on a YTD basis, compared to SPX’s 12.9% rise.