Mission Statement, Vision, & Core Values of Huntington Ingalls Industries, Inc. (HII)

Are you curious about the driving force behind America's largest military shipbuilder and global defense provider? What principles guide their actions and long-term aspirations? Understanding the mission statement, vision, and core values of Huntington Ingalls Industries (HII) offers insight into the company's purpose and strategic direction, especially as they navigate a landscape where, in 2024, they secured approximately $12.1 billion in new contract awards, contributing to a total backlog of approximately $48.7 billion. Do you want to explore how these elements shape their operations and contribute to their success in the defense industry?

Huntington Ingalls Industries, Inc. (HII) An Overview of

Huntington Ingalls Industries (HII) stands as America's largest military shipbuilding company and a provider of professional services to partners globally. With a legacy tracing back to 1886, HII has been designing, building, and maintaining ships for the U.S. Navy and Coast Guard for more than a century. Its main products include aircraft carriers, submarines, destroyers, amphibious ships, and a wide array of defense and commercial services. As of April 2025, HII continues to evolve, integrating advanced technologies and solutions into its shipbuilding and service operations.

As of the latest financial reports for the fiscal year 2024, Huntington Ingalls Industries reported a record-breaking revenue of $11.6 billion. This was bolstered significantly by strong sales in its shipbuilding division, which saw a 9.3% increase in revenue compared to the previous year, driven primarily by the increased demand and production of Virginia-class submarines and Ford-class aircraft carriers. The company's Ingalls Shipbuilding also experienced growth, driven by the construction of San Antonio-class amphibious transport docks and Arleigh Burke-class destroyers. Furthermore, HII's Technical Solutions division reported revenues of $2.3 billion, reflecting increased demand for defense and government services.

Here are some of the products and services HII provides:

• Aircraft Carriers
• Submarines
• Destroyers
• Amphibious Ships
• Defense and Commercial Services

Huntington Ingalls Industries is a leader in the maritime defense industry, playing a crucial role in national security and global maritime operations. Its commitment to innovation, quality, and customer satisfaction has solidified its position as a trusted partner for the U.S. Navy, Coast Guard, and other allies. To understand the factors behind HII's success and its appeal to investors, delve deeper into our analysis: Exploring Huntington Ingalls Industries, Inc. (HII) Investor Profile: Who’s Buying and Why?

Huntington Ingalls Industries, Inc. (HII) Mission Statement of

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States. HII specializes in designing, building, and maintaining nuclear and non-nuclear ships for the U.S. Navy and Coast Guard. HII was founded in 2011 after spinning off from Northrop Grumman. As of December 31, 2023, 68.3% of Huntington Ingalls Industries is publicly traded on the New York Stock Exchange under the ticker symbol HII.

HII's mission statement focuses on national defense, maritime technology, and advanced technological solutions. 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.

In 2023, Huntington Ingalls Industries had a total revenue of $12.7 billion.

Core components of HII's mission statement include:

• National Defense Support: HII's mission emphasizes critical defense capabilities. Newport News Shipbuilding generated $10.4 billion in revenue, with 25,000 employees. Mission Technologies had $4.2 billion in revenue and 8,500 employees.
• Maritime Technology: HII is committed to advancing maritime technology.
• Advanced Technological Solutions: HII delivers practical solutions to government and commercial customers worldwide through technical solutions.

HII's technological capabilities include:

• Nuclear submarine production
• Aircraft carrier construction
• Advanced defense systems development

HII is dedicated to superior performance and quality to ensure future trust and confidence in its products and services. The company promotes continuous improvement, innovation, and creativity.

HII is committed to integrity and high ethical standards. The company's Code of Ethics and Business Conduct provides employees with guidelines and defines the values that serve as the foundation for how HII conducts business.

HII's core values are:

• Integrity
• Safety
• Honesty
• Engagement
• Responsibility
• Performance

HII's vision is to be a trusted, respected, and dynamic technical services provider sought out by customers, partners, and employees.

HII is united by its mission in service of the nation, creating the advantage for its customers to protect peace and freedom around the world. HII's diverse workforce includes skilled tradespeople, AI/ML experts, engineers, technologists, scientists, logistics experts, and business professionals.

HII is committed to improving company performance while upholding its strong values. The company values its employees and will not compromise on maintaining a safe and healthy work environment for them.

HII provides fleet services for its ships worldwide. Newport News Shipbuilding, founded in 1886, has built more than 800 ships, including both naval and commercial ships.

Related: Huntington Ingalls Industries, Inc. (HII): History, Ownership, Mission, How It Works & Makes Money

Huntington Ingalls Industries, Inc. (HII) Vision Statement

Huntington Ingalls Industries, Inc. (HII) aims to be the most trusted and premier provider of solutions and services to national security. This vision encapsulates several core aspirations and commitments.

Trusted Partner

HII seeks to be recognized as a reliable and dependable ally in safeguarding national interests. This trust is built on a foundation of consistent performance, ethical conduct, and a deep understanding of the needs and challenges faced by its partners. In 2024, HII was awarded several key contracts, reinforcing its position as a trusted partner of choice. For instance, the U.S. Navy awarded HII a contract valued at over $500 million for continued development and maintenance support. This reflects the confidence placed in HII's ability to deliver critical services.

This trust extends beyond governmental entities to include stakeholders such as employees, investors, and the communities in which HII operates. The company's commitment to transparency and accountability in its operations is crucial in maintaining this trust. HII's dedication to ethical business practices is evident in its corporate governance policies and its engagement with stakeholders.

Premier Provider

HII strives to be the leading provider in its industry, distinguished by its superior quality, innovation, and customer satisfaction. This aspiration requires continuous improvement and investment in cutting-edge technologies. In 2024, HII allocated over $200 million to research and development, focusing on areas such as advanced shipbuilding techniques, cybersecurity solutions, and autonomous systems. This investment underscores HII's commitment to staying at the forefront of technological advancements.

Being a premier provider also means attracting and retaining top talent. HII invests in its workforce through training programs, professional development opportunities, and competitive compensation packages. The company's efforts to foster a culture of innovation and excellence are vital in maintaining its competitive edge. HII's emphasis on quality and customer satisfaction is reflected in its rigorous quality control processes and its proactive approach to addressing customer needs.

Solutions and Services

HII's vision is centered on delivering comprehensive solutions and services that address the evolving needs of its customers. This includes not only building and maintaining ships but also providing a range of related services such as engineering, logistics, and cybersecurity. In 2024, HII expanded its service offerings to include advanced data analytics and artificial intelligence solutions, enhancing its ability to support its customers' missions. This expansion reflects HII's commitment to adapting to changing market demands and providing innovative solutions.

HII's solutions and services are designed to be scalable and customizable, allowing the company to meet the unique requirements of each customer. The company's integrated approach, which combines its expertise in shipbuilding with its capabilities in other areas, enables it to deliver comprehensive solutions that address the full spectrum of its customers' needs. HII's focus on providing value-added services is a key differentiator in the marketplace.

National Security

HII's ultimate goal is to contribute to the security and defense of the nation. This commitment is at the heart of everything the company does. In 2024, HII played a critical role in supporting national security initiatives, including the development of next-generation naval vessels and the provision of cybersecurity services to protect critical infrastructure. The company's dedication to national security is evident in its close collaboration with government agencies and its unwavering support for the men and women in uniform.

HII recognizes that national security is a constantly evolving challenge, requiring continuous innovation and adaptation. The company's investments in research and development, its focus on attracting and retaining top talent, and its commitment to providing comprehensive solutions and services are all aimed at ensuring that it can continue to meet the changing needs of its customers and contribute to the security of the nation. HII's dedication to national security is a core value that guides its actions and decisions.

Huntington Ingalls Industries, Inc. (HII) Core Values of

Huntington Ingalls Industries, Inc. (HII) operates with a set of core values that guide its actions and decisions. These values are integral to the company's identity and contribute significantly to its performance and reputation. The core values include safety, integrity, empowerment, accountability and performance.

Safety: HII places paramount importance on safety, striving to create a secure and healthy work environment for all employees. This commitment extends to ensuring the safety of its products and services, reflecting a comprehensive approach to risk management and operational excellence.

Integrity: Integrity is a cornerstone of HII's operations, emphasizing ethical conduct, honesty, and transparency in all interactions. This commitment to doing what is right builds trust among employees, customers, and stakeholders, fostering a culture of accountability and responsibility.

Empowerment: HII empowers its employees by providing them with the resources, training, and authority needed to excel in their roles. This focus on empowerment encourages innovation, collaboration, and continuous improvement, enabling employees to contribute their best work and advance their careers.

Accountability: HII holds itself accountable for its actions and results, taking ownership of its performance and striving to exceed expectations. This commitment to accountability drives a culture of continuous improvement and ensures that the company delivers on its promises to customers and stakeholders.

Performance: HII is committed to achieving high levels of performance in all aspects of its business, from operational efficiency to financial results. This focus on performance drives innovation, efficiency, and customer satisfaction, ensuring that the company remains competitive and delivers value to its stakeholders.

For additional insights into HII's financial standing, explore Breaking Down Huntington Ingalls Industries, Inc. (HII) Financial Health: Key Insights for Investors.