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Based in Newport News, Virginia, Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls, and repairs military ships. Valued at a market cap of $10.1 billion, the company also provides a wide range of professional services, including defense and federal solutions, nuclear and environmental services, and unmanned systems to partners in government and industry.
Companies worth $10 billion or more are generally labeled as “large-cap” stocks, and Huntington Ingalls fits right into that category. The company distinguishes itself as America's largest military shipbuilding company and is renowned for its engineering and defense technologies. It is the sole shipbuilder for amphibious ships, and has delivered 15 large-deck ships to the U.S. Navy.