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Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls, and repairs military ships and is worth a market cap of $10.1 billion. The Newport News, Virginia-headquartered 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 is recognized as America’s largest military shipbuilder, known for its advanced engineering and defense technologies. It is the sole builder of amphibious ships and has delivered 15 large-deck ships to the U.S. Navy.