Huntington Ingalls Industries, Inc. (HII), headquartered in Newport News, Virginia, designs, builds, overhauls, and repairs military ships. Valued at $12.6 billion by market cap, the company offers non-nuclear and nuclear-powered vessels for the U.S. Navy and Coast Guard, and also provides after-market services for military ships worldwide.
Shares of this largest military shipbuilding company have outperformed the broader market over the past year. HII has gained 42.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.9%. However, in 2026, HII stock is down 5.7%, compared to the SPX’s 9.2% rise on a YTD basis.