1. HII's Ingalls Shipbuilding to design future small surface combatant for U.S. Navy. 2. Investment of over $1 billion supports next-generation shipbuilding capabilities. 3. Ingalls simultaneously building multiple ship classes and modernizing warships. 4. Company focusing on expanding shipbuilding capacity within the U.S. 5. Solid performance track record positions HII to meet Navy's needs.
FAQ
Why Very Bullish?
HII's contract with the Navy indicates strong demand for shipbuilding. Historical precedents show similar contracts have led to stock rallies.
How important is it?
The article signifies a major contract win that underpins HII’s growth strategy. Consistent investment suggests favorable management outlook, which is crucial for investors.
Why Long Term?
The contract solidifies a long-term relationship with the Navy, ensuring continued revenue. Long-term contracts typically foster stability and growth in firm valuation.
PASCAGOULA, Miss., Dec. 19, 2025 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Ingalls Shipbuilding division has been selected by the U.S. Navy to design and build the future small surface combatant (SSC) ship, leveraging the proven design of the Ingalls-built Legend-class national security cutter (NSC). With a proven track record of building complex ships, and having the available facility capacity, Ingalls shipbuilders will once again engage in construction activities alongside its destroyer and amphibious ship shipbuilding lines where the national security cutters were built, using the same sequence of build.
"We look forward to supporting the Navy on this critical program," said Chris Kastner, HII president and CEO. "Speed matters, and the NSC ship design is stable and produceable and will lead to predictable schedules. I have great confidence in the Ingalls team to execute this program, and in our ongoing efforts with our partners to successfully expand the U.S. shipbuilding industrial base to meet the Navy's needs."
Currently, Ingalls is simultaneously building three classes of ships (DDG 51 Flight III, LHA, and LPD Flight II) and modernizing the Zumwalt-class of guided missile destroyers with technology upgrades including the incorporation of the conventional prompt strike weapons system. Ingalls supported the U.S. Coast Guard for nearly two decades by building and delivering 10 Legend-class national security cutters (NSCs). The final cutter was delivered in October 2023.
HII has invested over $1 billion in the infrastructure, facility and toolsets at Ingalls Shipbuilding, positioning the shipyard to support next-generation systems and platforms. HII this year has distributed shipbuilding work to 23 outsourcing partners, and established partnerships with international manufacturers, to explore meaningful ways to expand capacity including evaluation of adding an additional shipyard in the U.S.
About HII
HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
Contact:
Danny Hernandez
Danny.J.Hernandez@HII-co.com
(240) 264-7143
Kimberly Aguillard
Kimberly.K.Aguillard@HII-co.com
(228) 355-5663
