Who Owns Ingalls Shipbuilding?
Ingalls Shipbuilding is a division of Huntington Ingalls Industries (NYSE: HII) based in Pascagoula, Mississippi, and the largest supplier of surface combatants to the US Navy. Founded in 1938 by Robert Ingalls Sr., it builds Arleigh Burke-class destroyers and amphibious assault ships, and generated $3.1 billion of FY2025 revenue.
Parent Company
Founded
1938
Status
Publicly Traded
Headquarters
United StatesOfficial Website
Who Owns Ingalls Shipbuilding?
- Parent Company: Huntington Ingalls Industries, Inc.
- Ownership Type: Subsidiary
- Company Type: Publicly Traded
- Stock Ticker: NYSE: HII
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Ingalls Shipbuilding | Huntington Ingalls Industries, Inc. | Subsidiary |
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History of Ingalls Shipbuilding
- Founded: 1938
- Founders: Robert Ingalls Sr.
Robert Ingalls Sr. founded Ingalls Iron Works in 1938 on the Pascagoula River in Mississippi, converting to shipbuilding for wartime demand. The yard introduced covered modular construction techniques that became industry practice.
Litton Industries acquired Ingalls in 1961 and made it a centerpiece of US naval construction: the yard produced Spruance-class destroyers, Ticonderoga-class cruisers, Wasp-class amphibious assault ships, and later became the sole builder of San Antonio-class LPDs and America-class LHAs. Northrop Grumman's 2001 Litton acquisition folded Ingalls into its shipbuilding group, which spun off as HII in 2011.
Today the yard simultaneously builds four classes of ships, including Flight III Arleigh Burke destroyers such as the Ted Stevens (DDG 128), which sailed in May 2026. In April 2026 it won the frigate lead yard support contract for the Navy's new Constellation-class program. FY2025 revenue of $3.1 billion grew 11.2% on higher combatant and amphibious volumes.
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About Huntington Ingalls Industries, Inc.
What is Huntington Ingalls Industries?
HII is America's largest military shipbuilder, headquartered in Newport News, Virginia. Spun off from Northrop Grumman in 2011, it builds the Navy's nuclear aircraft carriers, submarines, destroyers, and amphibious ships.
Is Huntington Ingalls publicly traded?
Yes. It trades on the New York Stock Exchange under the ticker HII.
Who runs HII?
Christopher Kastner is president and CEO. Admiral Kirkland Donald is chairman of the board.
What are HII's divisions?
Newport News Shipbuilding (nuclear carriers and submarines), Ingalls Shipbuilding (surface combatants and amphibious ships), and Mission Technologies (defense technology and unmanned systems).
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What was HII's FY2025 revenue?
$12.5 billion, up 8.2% over 2024, with record results at all three divisions and $16.9 billion in new contract awards.
- Founded: 2011
- Headquarters: Newport News, Virginia, USA
- Company Type: Publicly Traded
- Stock: NYSE: HII
- Revenue: $12.5 billion (FY2025)
- Employees: Approximately 44,000
Where Is Ingalls Shipbuilding Made / Based?
- Headquarters: Pascagoula, Mississippi, USA
Ingalls Shipbuilding Categories & Tags
Brands Owned by Huntington Ingalls Industries, Inc.
Aerospace DefenseHII Mission Technologies
Owned by Huntington Ingalls Industries, Inc.
HII's defense technology division covering C5ISR, cyber, electronic warfare, unmanned systems including REMUS vehicles, and training, formed in 2023.
defense-technologyc5isrcyber
Aerospace DefenseNewport News Shipbuilding
Owned by Huntington Ingalls Industries, Inc.
HII's Virginia shipyard division, the sole US builder of nuclear-powered aircraft carriers and co-builder of Virginia-class submarines, founded by Collis P. Huntington in 1886.
shipbuildingaircraft-carrierssubmarines
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Ingalls Shipbuilding Ownership: Pros & Cons
Advantages
- +Largest US Navy surface combatant supplier
- +Four ship classes in simultaneous production
- +Sole builder of LHA and LPD amphibious classes
- +Frigate lead yard support role secured April 2026
- +Record revenue growth at 11.2% in FY2025
Considerations
- -Hurricane exposure on the Gulf Coast yard
- -Shares destroyer work with Bath Iron Works
- -Labor and supplier constraints cap throughput
- -Navy budget priorities can shift ship counts
Frequently Asked Questions About Ingalls Shipbuilding
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Sources & Further Reading
- Ingalls Shipbuilding
- HII Investor Relations
- HII 10-K (SEC EDGAR)
- Huntington Ingalls Company Page — /companies/huntington-ingalls
Competitors to Ingalls Shipbuilding
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Huntington Ingalls | USA | 1886 | Mass market | United states | All Genders |
Competitive Analysis
Market Positioning: Ingalls Shipbuilding competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Ingalls Shipbuilding
Looking for brands with different ownership structures? These similar brands are not owned by Huntington Ingalls Industries, Inc., giving you alternative choices that support different corporate structures.
Aerospace DefenseBBA Aviation (Signature Aviation)
Owned by Signature Aviation
Global aviation services brand operating fixed base operations and engine repair, now known as Signature Aviation after a 2019 rebrand and 2021 private equity takeover.
aviationfbobusiness-aviation
Privately Owned
BBA Aviation (Signature Aviation) is privately owned, unlike Ingalls Shipbuilding which is under a publicly traded parent company.
Aerospace DefenseConsolidated Precision Products
Owned by Consolidated Precision Products Corp.
Aerospace castings brand of CPP, the Cleveland manufacturer of single-crystal turbine components being acquired by GE Aerospace.
aerospacecastingsmanufacturing
Privately Owned
Consolidated Precision Products is privately owned, unlike Ingalls Shipbuilding which is under a publicly traded parent company.
Aerospace DefenseNew Shepard
Owned by Blue Origin
Reusable suborbital launch vehicle and space tourism system developed by Blue Origin, carrying passengers and research payloads past the Karman line.
space-tourismsuborbital-launchreusable-rocket
Privately Owned
New Shepard is privately owned, unlike Ingalls Shipbuilding which is under a publicly traded parent company.
Aerospace DefenseWabtec
Owned by Wabtec
The global rail equipment brand of Westinghouse Air Brake Technologies, descended from George Westinghouse's 1869 air brake invention.
raillocomotivesbrakes
Privately Owned
Wabtec is privately owned, unlike Ingalls Shipbuilding which is under a publicly traded parent company.
Aerospace DefenseWesco Aircraft (Incora)
Owned by Wesco Aircraft Holdings, Inc. (Incora)
Aerospace parts distribution and supply chain management brand, now operating as Incora after a 2020 merger with Pattonair under Platinum Equity.
aircraft-partsaviationaerospace
Privately Owned
Wesco Aircraft (Incora) is privately owned, unlike Ingalls Shipbuilding which is under a publicly traded parent company.
Aerospace DefenseGE
Owned by General Electric Company
Corporate brand of GE Aerospace (NYSE: GE), the jet engine and aerospace systems company that succeeded the original General Electric after the April 2024 three-way split.
aerospacejet-enginescorporate-brand
Publicly Traded
GE operates independently without a large parent corporation.
Huntington Ingalls Industries, Inc. Stock Information
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