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Virginia-based Huntington Ingalls Industries, Inc. (HII) is America’s largest military shipbuilder and a major defense contractor. Valued at $12.1 billion by market cap, the company designs, builds, and maintains U.S. Navy vessels, including nuclear-powered aircraft carriers and submarines, through its Newport News and Ingalls shipbuilding divisions. HII also provides mission technologies, including defense systems, cyber solutions, and unmanned technologies.
Shares of this largest military shipbuilding company have outperformed the broader market over the past year. HII has rallied 58.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 10.5%. Over the past six months, HII stock has been up 32.4%, surpassing the SPX’s 10.1% rise on a YTD basis.