Largest US shipbuilder. Newport News Shipbuilding (Virginia + Columbia subs, Ford-class CVN) + Ingalls Shipbuilding (DDG-51 Arleigh Burke, LPD-17, LHA-class amphibs) + Mission Technologies (services). $11.5B FY2024 revenue. Submarine industrial base capacity is the key bottleneck for Columbia + Virginia + AUKUS.
Key Milestones
Newport News Shipbuilding founded 1886; builds USS Saratoga, Yorktown, Enterprise (CV-6) WWII carriers, all post-1960 US nuclear carriers. Ingalls Shipbuilding (Pascagoula MS) founded 1938.
Spinoff from Northrop Grumman complete Mar 31 2011; HII becomes independent largest US military shipbuilder NYSE-listed
USS Gerald R. Ford (CVN-78) lead Ford-class carrier delivered to Navy after years of fixed-price Newport News build
Acquires Hydroid Inc for $350M; UUV (unmanned undersea vehicles) entry — REMUS family becomes Navy LDUUV foundation.
Acquires Alion Science & Technology for $1.65B; creates Mission Technologies services division
Block V Virginia-class submarine first SSN-803 begins fabrication at Newport News with Virginia Payload Module
AUKUS Pillar I announcement: Newport News slated to deliver 3 Virginia-class SSNs to Australia 2032-2035
Mission Technologies wins $3B Naval Sea Systems Command engineering contract; services revenue mix grows
USS John F. Kennedy (CVN-79) delivery delayed to 2025 due to advanced weapons elevator + arresting gear issues
Submarine Industrial Base (SIB) workforce hiring program expands; targeting 5,000+ new shipyard workers across HII/EB
Columbia-class SSBN module deliveries from Newport News begin; teaming with Electric Boat under integrated build plan
Backlog reaches $50B; Navy 30-year shipbuilding plan targets $11B+/yr in HII volume through 2034
Constellation-class FFG-62 frigate program design changes finalized; HII sub-contractor on Marinette Marine lead build but supplies critical modules.
USS John F. Kennedy (CVN-79) delivers to Navy after multi-year delays; Enterprise (CVN-80) construction milestones accelerate.