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Valued at a market cap of $8.8 billion, Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls, and repairs military ships. In addition to shipbuilding, this Newport News, Virginia-based company also provides cutting-edge defense solutions, including cyber operations, artificial intelligence, and unmanned systems, playing a vital role in advancing U.S. national security.
Shares of this military shipbuilding company have lagged behind the broader market over the past 52 weeks. HII has declined 11.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 10.2%. Nonetheless, on a YTD basis, the stock is up 18.9%, outpacing SPX’s 1.3% downtick.