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Newport News, Virginia-based Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls, and repairs military ships in the United States. Valued at a market cap of $10.5 billion, the company operates through three segments: Ingalls, Newport News, and Mission Technologies, and designs and constructs non-nuclear ships, including amphibious assault ships, surface combatants, and national security cutters, for the U.S. Navy and U.S. Coast Guard.
Companies with a market cap of $10 billion or more are typically referred to as “ large-cap stocks.” HII fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the aerospace and defense industry.
