Core Insights - Huntington Ingalls Industries Inc. (HII) has delivered the Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128) to the U.S. Navy, marking the second Flight III destroyer delivered by Ingalls Shipbuilding [1][10] Company Overview - HII is a leading naval defense contractor, specializing in the design, construction, and maintenance of naval vessels, including guided missile destroyers and amphibious ships for the U.S. Navy and Coast Guard [2][3] Product Details - The Arleigh Burke-class destroyers are advanced, multi-mission platforms capable of supporting various military operations, including peacetime operations, crisis response, sea control, and power projection [4][10] - Ingalls Shipbuilding has delivered a total of 36 Arleigh Burke-class destroyers to the U.S. Navy, including the first Flight III vessel, USS Jack H. Lucas (DDG 125) [4] Market Opportunities - Rising geopolitical tensions and territorial disputes are driving nations to enhance their naval capabilities, leading to increased spending on naval warships [5] - The global naval vessels and surface combatant market is projected to grow at a CAGR of 5.6% from 2025 to 2030, which is favorable for HII's diverse portfolio of guided missile destroyers [5] Competitor Insights - General Dynamics Corporation (GD) has a long-term earnings growth rate of 13.07%, with a Zacks Consensus Estimate for 2025 sales at $51.97 billion, indicating an 8.9% increase [6][7] - BAE Systems plc (BAESY) has a long-term earnings growth rate of 14.57%, with a Zacks Consensus Estimate for 2025 sales at $40.79 billion, suggesting a significant rise of 63.3% [8][9] - Lockheed Martin Corp. (LMT) has a long-term earnings growth rate of 11.94%, with a Zacks Consensus Estimate for 2025 sales at $74.44 billion, reflecting a 4.8% increase [11] Stock Performance - Over the past six months, HII shares have increased by 40.4%, outperforming the industry average rise of 14.6% [12]

Company Overview - Huntington Ingalls Industries Inc. (HII) has a subsidiary, Fleet Support Group LLC, which secured a contract for global engineering and technical support for the overhaul and repair of equipment related to west coast aircraft carriers and surface ships [1][2] - The contract is valued at $16.8 million and is expected to be completed by July 2026, with work executed in San Diego, CA; Bremerton, WA; and Yokosuka, Japan [2] Industry Position - HII is recognized as a premier supplier of naval ships, playing a critical role in the U.S. naval defense sector, which is vital for national security [3][4] - The company has designed and built over 31 aircraft carriers for the U.S. Navy since 1933, including all 10 Nimitz-class carriers currently in service, and is now constructing the next generation of Gerald R. Ford-class carriers [4][5] Growth Potential - Increasing geopolitical tensions and territorial disputes are driving nations to enhance their naval capabilities, leading to increased spending on naval warships [6] - The global naval vessels and surface combatant market is projected to grow at a compound annual growth rate of 5.6% from 2023 to 2030, which is expected to benefit HII as the largest military shipbuilder in the U.S. [7] Competitive Landscape - Other defense companies that may benefit from the expanding shipbuilding market include General Dynamics Corporation (GD), BAE Systems (BAESY), and Lockheed Martin (LMT), each with significant growth rates and market positions [8][9][10] Stock Performance - HII shares have increased by 55.3% over the past six months, outperforming the industry average rise of 18.9% [12]